LIC New Bima Bachat

Summary Info

Insurance Company Life Insurance Corporation of India
Plan Name LIC New Bima Bachat
Plan Nature TRADITIONAL
Plan Category Money Back
UIN No. 512N284V01
About Plan It is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy. It is a money-back plan which provides financial protection against death during the policy term with the provision of payment of survival benefits at specified durations during the policy term. In addition, on maturity, the single premium shall be returned along with Loyalty Addition, if any. This plan also takes care of liquidity needs through its loan facility.

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