The money-back policy from Life Insurance Corporation in India is a popular insurance policy. Money back policy is a more complex life insurance policy. It provides certain amounts called survival benefits in addition to the sum assured and a bonus from LIC.

Money Back Plans available with LIC are:

1)New Bima Bachat (816)

This is a single premium, non-linked, with profits Money Back type Plan. Read more…

2)New Money Back Plan – 20 Years (820)

This is a limited premium payment, non-linked, with profits Money Back Plan. Read more…

3)New Money Back Plan – 25 Years (821)

This is a limited premium payment, non-linked, with profits Money Back Plan. Read more…

4)Children Money Back Plan (832)

This is non-linked, with profits, regular premium Money Back Plan for children. Read more…

5)Jeevan Tarun (834)

This is non-linked, with profits, limited premium plan for children education needs. Read more…