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LIC New Money Back Plan 25 Years - Features, Benefit, Details

Published On Aug 13, 2021

Investing in money-back policies can help you save and grow money for your future and unforeseen expenditures but the effective way to invest in a money-back policy is to compare different policies and invest in the one that comfortably meets your needs.  LIC New Money Back Plan 25 Years makes sure that it meets your needs however possible. It offers many benefits that take care of you and your family not only when you are around but also even after the event of your accidental demise so that your family is not left behind money-bound or in debt.

LIC New Money Back Plan 25 Years is a non-linked plan that requires participation. It provides an effective combination of protection and saving. It provides protection against death and pays out during survival of the life assured at different age milestones during the policy term. If the life assured happens to accidentally pass away, the family of the life assured will receive a death benefit to help them get through immediate expenditures. This plan also offers the benefit of liquidity needs through a loan facility.

Benefits Offered by the  LIC New Money Back Plan 25 Years

This plan offers many benefits to secure your life and savings. Some benefits that come with this plan are -

  • Survival Benefit

When the life assured survives specifically set durations of time during the policy term, the life assured will receive 15% of the basic sum assured. The specific durations are the 5th, the 10th, then 15, and the 20th years of the policy term.

  • Maturity Benefit

If the life assured happens to survive the maturity age of the policy term, they will be able to receive 40% of the sum assured along with any revisional and additional bonuses that can be applied.

  • Death Benefit

If the life assured happens to die accidentally during the policy term and when the policy is in full force, the family or the nominee will be paid the total sum of the sum assured on death and simple reversionary bonuses along with final additional bonuses if they can be applied. Usually, the sum assured on death is 125% higher than the regular sum assured. It can be defined as 10 times the annual payment. The death benefit is never less than 105% of the total premiums paid until the death occurs. These premiums exclude tax, extra, and rider premiums.

  • Participation in Profits

When the policy is in full force, the insurer can participate in the profits of the corporation for the simple reversionary bonuses mentioned above and as promised by the corporation. When the policy is about to be claimed due to death, maturity, or minimum policy term, final additional bonuses are also applied.

  • Additional Riders

This policy also provides different options for additional riders to choose from in order to cover the areas of life which are primarily not covered through the policy.

However, on surrendering the policy with these additional riders, you may be refunded a portion of the additional premium charge used to buy this rider.


In conclusion, from the above information, we can say that this policy offers benefits that help you be ready for all the unforeseen events and expenditures of life. It is a legitimate and effective way to start investing your money.

Also read 

Need a Good Saving Plan? Buy Money Back Policy

LIC's New Money Back Plan-20 Years Explained

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.             

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