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LIC Money Back Plans

A part of the sum assured comes back to you at regular intervals during the policy, while the full life cover continues. Good for planned expenses every few years.

Money back plans return a part of the sum assured every few years while your full life cover continues. They are popular with business families and farmers in Punjab and Haryana who like periodic liquidity.

The New Money Back Plan (20 or 25 years) pays every 5 years; Bima Shree is designed for high net worth customers. For children, see New Children’s Money Back.

Current LIC money back plans

Plan 720 / 721

LIC New Money Back Plan (20 & 25 Years)

Get a part of your sum assured back every 5 years with full life cover.

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Plan 748

LIC Bima Shree

High value money back plan for high net worth individuals.

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FAQs

No. In LIC’s money back plans the full death benefit is paid without deducting survival benefits already paid.

Which Money Back Plans is right for me?

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