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Updates found with 'money 20back 20plan'

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Updates found with 'money 20back 20plan'

Plan :New Children�s Money Back (832)Product Summary :LIC�s New Children�s Money Back Plan is a non-linked, with-profits, regular premium payment money back planPremium Payment Mode:Yearly, Halfly, Quarterly, Monthly(ECS)Term :25 Age at Maturity TimeMinimum Entry Age : 0 Year Last BirthdayMaximum Entry Age : 12 Year Last BirthdayMinimum Sum Assured :1, 00, 000 Maximum Sum Assured :NO LIMIT (Depending upon Income)Policy Benefits :On Death :On death Before the Date of Commencement of Risk:An amount equal to the total amount of premium's paid excluding taxes, extra premium and rider premium, if any shall be payable.On death After the Date of Commencement of Risk:Death Benefit, defined as sum of �Sum Assured on Death� and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where "Sum Assured on Death" is defined as higher of 10 times of annualized premium or Absolute amount assured to be paid on death i.e. Basic Sum assured. This death benefit shall not be less than 105% of the total premiums paid as on date of death. On Survival :If Policy in full force :Completion Age 18YRS - 20% OF MSACompletion Age 20YRS - 20% OF MSACompletion Age 22YRS - 20% OF MSAOn Maturity at Age 25YRS - 40% of MSA + Vested Bonus + FABSurrendered Value :The policy can be surrendered at any time during the policy term provided premiums have been paid for full three years.Loan :Loan facility is available under this plan after the payment of premiums for atleast three full years.Income Tax Benefit :• Premium paid under this plan is eligible for TAX rebate under section 80c.• Maturity under this plan is free under sec 10(10D).
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Plan :Jeevan Shiromani (847)Product Summary :LIC's Jeevan Shiromani plan is a non-linked, with-profits, limited premium payment money back life insurance plan especially designed for targeted segment of High Net-worth Individuals.Premium Payment Mode :Yearly, Halfly, Quarterly, Monthly(ECS)Term/Ppt :14/10, 16/12, 18/14 & 20/16 YearsMinimum Entry Age :18 Years completedMaximum Entry Age :55 Years (Nearer Birthday) for Term 1451 Years (Nearer Birthday) for Term 1648 Years (Nearer Birthday) for Term 1845 Years (Nearer Birthday) for Term 20Maximum Maturity Age :69 Years (Nearer Birthday) for term 1467 Years (Nearer Birthday) for term 1666 Years (Nearer Birthday) for term 1865 Years (Nearer Birthday) for term 20Minimum Sum Assured :Rs 1 crore (Multiple of 5 lakhs thereafter)Maximum Sum Assured :No LimitGuaranteed Addition :Rs 50/- per 1000 SA for 1st 5 yearsRs 55/- per 1000 SA for remaining PPTPolicy Benefits :On Death :Death during 5 yrs : SA on Death + GADeath after 5 yrs : SA on Death + GA + LA*SA on Death* : 125% of BSA or 10 times AP or 105% of Premiums PaidSurvival Benefits :For 14 yrs policy : 30% of BSA in 10th & 12th yearFor 16 yrs policy : 35% in 12th & 14th yearFor 18 yrs policy : 40% in 14th & 16th yearFor 20 yrs policy : 45% in 16th & 18th yearMaturity time : Remaining SA with GA + LAInbuilt Critical Illness Benefit:10% of BSA on diagnosis of 15 Critical diseases + Premium is deferred for 2 Years w/o interest.Surrendered Value :The Policy can be surrendered at any time during the policy term provided atleast 3 full years premiums have been paid.Loan :Loan Facillity is available under this plan, after payment of premiums for at least 1 full years.
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Plan :Bima Shree (848)Product Summary :LIC's Bima Shree plan is a non-linked, with-profits, limited premium payment money back life insurance plan with minimum Basic Sum Assured of Rs. 10 lakh especially designed for targeted segment of High Net-worth Individuals.Premium Payment Mode :Yearly, Halfly, Quarterly, Monthly(ECS)Term/Ppt :14/10, 16/12, 18/14 & 20/16 YearsMinimum Entry Age :8 Years completedMaximum Entry Age :55 Years (Nearer Birthday) for Term 1451 Years (Nearer Birthday) for Term 1648 Years (Nearer Birthday) for Term 1845 Years (Nearer Birthday) for Term 20Maximum Maturity Age :69 Years (Nearer Birthday) for term 1467 Years (Nearer Birthday) for term 1666 Years (Nearer Birthday) for term 1865 Years (Nearer Birthday) for term 20Minimum Sum Assured :Rs 10 lakh (Multiple of 1 lakhs thereafter)Maximum Sum Assured :No LimitGuaranteed Addition :Rs 50/- per 1000 SA for 1st 5 yearsRs 55/- per 1000 SA for remaining PPTPolicy Benefits :On Death :Death during 5 yrs : SA on Death + GADeath after 5 yrs : SA on Death + GA + LA*SA on Death* : 125% of BSA or 10 times AP or 105% of Premiums PaidSurvival Benefits :For 14 yrs policy : 30% of BSA in 10th & 12th yearFor 16 yrs policy : 35% in 12th & 14th yearFor 18 yrs policy : 40% in 14th & 16th yearFor 20 yrs policy : 45% in 16th & 18th yearMaturity time : Remaining SA with GA + LA Lic's New Critical Illness Benefit Rider available. Lic's Premium Waiver Benefit Rider available.Surrendered Value :The Policy can be surrendered at any time during the policy term provided atleast 2 full years premiums have been paid.Loan :Loan Facillity is available under this plan, after payment of premiums for at least 2 full years.
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