LIC Money Back Plans
Periodic survival liquidity payouts every 5 years with full 100% death risk cover maintained throughout the policy tenure.
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Table 920
Regular Liquidity
LIC 20-Year Money Back Plan
Periodic Survival Payouts Every 5 Years + Maturity Bonus
- 20% of Sum Assured paid at end of 5th, 10th, and 15th policy year
- Remaining 40% of Sum Assured + all accrued bonuses paid at 20th year
- Full 100% death cover maintained throughout the term irrespective of survival payouts
Table 921
Extended Liquidity
LIC 25-Year Money Back Plan
Periodic Survival Payouts Every 5 Years with 20 Years PPT
- 15% of Sum Assured paid at 5th, 10th, 15th, and 20th year (total 60%)
- 40% of Sum Assured + all accrued bonuses paid on 25th year maturity
- Premium paid for only 20 years
Table 948
HNI Special
LIC Bima Shree
High Net-Worth Money Back Plan With Guaranteed Additions
- Guaranteed Additions of ₹50-55 per ₹1,000 SA
- Periodic survival benefits during term
- Inbuilt critical illness benefit option
Table 932
Child Future
LIC Children's Money Back Plan
Periodic Survival Payouts for Child Higher Education & Marriage
- 20% of Sum Assured at age 18 (college admission)
- 20% of Sum Assured at age 20 (degree / semester costs)
- 20% of Sum Assured at age 22 (postgraduate / career launch)
Table 934
Child Flexibility
LIC Jeevan Tarun
Flexible Child Education & Career Funding Plan with Limited PPT
- Premium payment ceases when child turns 20 years old (No premiums during ages 20 to 25)
- Choice of 4 survival options (0%, 5%, 10%, or 15% SA annually from age 20 to 24)
- Lump sum maturity with bonuses at age 25
Explore Other LIC Policy Categories
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Guaranteed savings with bonus additions
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Lifelong coverage and pension till age 100
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Guaranteed lifelong retirement pension
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Term Assurance Plans
Pure life protection at minimal cost
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Frequently Asked Questions about Money Back Plans
Learn how money back plans work, bonus declarations, tax rules, and claim procedures.
Q1: How do LIC Money Back plans work?
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Money Back plans pay periodic survival benefits (typically 15% to 20% of the Sum Assured) at regular intervals (such as every 5 years), and the remaining percentage + bonuses at final maturity.
Q2: Does receiving survival payouts reduce my life cover?
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No! Even if you have received 60% of your sum assured in survival payouts, 100% full death risk cover remains intact throughout the policy tenure.
Q3: Money Back vs. Endowment: Which should I choose?
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If you need periodic liquidity for recurring milestones (school fees, home upgrades, vacations), choose a Money Back plan. If your priority is maximum lump sum wealth accumulation for retirement or marriage, an Endowment plan yields higher returns.
Q4: Are the survival benefits received every 5 years taxable?
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No. All survival benefits and maturity payouts are 100% tax-free under Section 10(10D) of the Income Tax Act.