Money Back Plans in Ahmedabad
Money-back plans pay you during the policy — not just at the end. The New Money Back Plan (25 years) returns 15% of the sum assured in the 5th, 10th, and 15th years with 40% plus bonus at maturity; Bima Shree adds guaranteed additions for high-value savers from Rs 10 lakh.
Ahmedabad families use the payouts for school admissions, business inventory cycles, and home down payments — liquidity with life cover attached, and full sum assured plus bonus still payable on death throughout.
Money Back Plans plans compared
New Money Back Plan - 25 Years
Regular returns with bonus at maturity.
- 15% of SA at 5th, 10th, 15th year
- 40% + Bonus at maturity
- Death benefit = Full SA + Bonus
- Loan available after 3 years
Bima Shree
High-value money back plan for affluent customers.
- Minimum SA ₹10 Lakhs
- Guaranteed Additions throughout
- Loyalty additions at maturity
- Premium discounts available
Money Back Plans — common questions
How do LIC money back plans pay out?
Survival benefits arrive at fixed intervals (for example 15% of sum assured in years 5, 10, 15 of the 25-year plan) with the balance plus vested bonuses at maturity. Death benefit throughout is the full sum assured plus bonuses — payouts already received are not deducted.
What is LIC Bima Shree?
A high-value money-back plan (minimum Rs 10 lakh sum assured) with guaranteed additions every year and loyalty additions at maturity, aimed at affluent savers who want scheduled liquidity with protection.
Money back vs endowment — what is the difference?
Money-back returns part of the cover mid-term for liquidity; endowment pays everything at maturity for a larger terminal corpus. Choose money-back when milestones fall during the term, endowment when the goal sits at the end.