LIC’s Money Back with Profit

LIC’s Money Back with Profit policy provides periodic payments of partial survival benefits as follows during the term of the policy, of course so long as the policy holder is alive. In the case of a 20-year Money-Back Policy (Table 75), 20% of the sum assured becomes payable each after 5, 10, 15 years, and […]

Birla sun life’s Premium Back Term Plan

Birla sun life’s Premium Back Term Plan is term insurance plan which is quite similar to Birla’s other term insurance plan but it offers a additional benefit of premium back at the end of the policy term. Due to premium back benefit, premium rates for this policy are a bit higher than term insurance policy […]