Detailed Review & Our Recommendation on LIC Bima Bachat Plan. Compare Premiums, Key Features & Benefits of this Single Premium Money Back Policy. Detailed Review & Our Recommendation on LIC New Bima Bachat Plan. Compare Premiums, Key Features & Benefits of this Single Premium Money Back . LIC Bima Bachat – Compare features and benefits of Bima Bachat No. from LIC. Also check other latest plans from LIC and check your eligibility with similar.

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To be paid at the termination of 3rd year 2. On death after completion of five policy years: Also, the applicant must keep in mind that the amount assured must be a multiple of Rs Application Form filled in with correct medical history and attested.

Payable as given below in case of Life Assured surviving to the end of the specified durations: Depending upon the Corporation’s experience the policies shall be participate in the profits and shall be eligible for Loyalty Addition. Know Your Customer Documents 4.

YYYY For Policy Term Of 12 Years: The loyalty lid promised is payable upon maturation of policy or on earlier demise. Inclusions There are a few honourable mentions, when it comes to the prime benefits of the LIC Bacat Bachat Plan, making it one of the most sought after life insurance policies.


The minimum sum assured varies as the term of the policy. The premium is decided upon the policy term selected. You will need your policy details for calculation. 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.

Who is eligible for the policy? To be paid at the termination of 12th year.

LIC New Bima Bachat Plan – Review, Features & Benefits |

I am aware that this authorization will override my registry under NDNC. You know, by winning the lottery or hitting the jackpot at your favourite casino?

As per section 80C, income tax is excused for the premium paid and on the claims received, according to the Income Tax Act.

Are there other conditions or restrictions? Also, it can be bought through agents, brokers or other company mediators. For bavhat term of 9 years: Life Insurance Corporation is an Indian state-owned insurance group and investment company headquartered in Mumbai.

The following are the requirements that one needs to be aware of before applying for this policy: What is Bima Bachat?

LIC Bima Bachat

Benefits What is Bima Bachat? A 35 year old chooses 12 year policy term for a sum assured of Rs 1 lakh by paying a single lump sum premium of Rs For example, your mother who loves to have you around just to start a bit of friendly banter bcahat your younger brother who aspires to get into Yale but spends his weekends watching Gossip Girl.


The policy holder is insured for an amount equal to the sum assured. How much insurance do I get?

LIC Bima Bachat Plan () – Online Reviews, Features & Benefits

For policy term 9 years: If the investor survives the entire policy tenure, the entire premium submitted at the beginning of policy term along with the loyalty addition will be returned. To be paid at the termination of 9th year.

If the policyholder dies after the completion of 5 years of the policy tenure, then only the sum assured along with the loyalty addition if any is returned to the nominee.

Take a look at the features that this policy entails:. What is the Customer Service No. It is the largest insurance company in India with an estimated asset value of Rs. I hereby authorize OneInsure to communicate with me on the given number for my Insurance needs.

The rate liic interest for this will be determined from time to time by the corporation.

For Policy Term Of 15 Years: