LIC Best money-back plans, you should apply for this know all immediately details here

1. LIC Jeevan Shiromani Plan

This is a money-back plan for High Net worth Individuals as the plan offers higher levels of sum assured. The USPs include the following

1. Loyalty additions and guaranteed additions are added to the plan benefits which enhances them
2. Money-back benefits provide easy liquidity
3. There is an inbuilt critical illness benefit that covers 15 critical illnesses.
4. Four additional riders are available for customization
5. The maturity and death benefits can be taken in instalments

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2. LIC’s Jeevan Umang Plan

This is also a money-back policy but with an added benefit of whole life coverage. Here are some of the salient features and benefits of LIC’s Jeevan Umang –

This is a with-profit policy that gives bonuses that help in enhancing the plan benefits
Limited premiums are payable for the plan

• After the completion of the premium paying tenure, 8% of the sum insured is paid every year till maturity. This gives you the desired liquidity without compromising the lifelong coverage
• Four optional riders are available for customizing the policy
• You can enjoy premium discounts if you choose a sum assured of INR 5 lakhs and above or if you pay the premium in the annual or semi-annual mode.

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1. Name of the LIC Plan	LIC’s Jeevan Umang Plan
   Type of Plan	Whole Life Endowment Plan
   Whom does the plan suit?	Investors looking for lifelong protection while creating a corpus for their financial goals.
   Entry Age	90 days-55 years
   Maximum Maturity Age	100 years
   Policy Tenure	100 years – entry age
   Sum Assured	INR 2 lakhs onwards
   Death Benefit	Death within the first 5 years – Sum assured on death Death after the first 5 years – the sum assured on death + loyalty additions Where, Sum assured on death is highest of the following – 10 times the annualized premium Sum assured on maturity 110% of the Basic sum assured 105% of aggregate premiums paid A simple reversionary bonus would be added to the death benefit
   Survival benefit	8% of the sum assured payable after the end of the premium paying term till death or maturity
   Maturity Benefit	Sum assured on maturity which is equal to the Basic sum assured A simple reversionary bonus would also be paid with the maturity benefit

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