If you want any help about LIC i will help to all CONTACT 9844222465

2. LIC’s NEW MONEY BACK PLAN
25 Years
( Plan No. 821 )
UIN:51278VO1

3. LIC’s New Money Back Plan -25 years ~
Benefits
Money Back Plan -25 years New Money Back Plan – 25 years
Plan No. 93 Plan No. 821
Maturity Benefit Maturity Benefit
40% of the Basic SumAssured along
with
Vested Simple Reversionary Bonuses
and
40% of the Basic SumAssured along
with
Vested Simple Reversionary Bonuses
and
FinalAdditional Bonus, ifAn y. inalAdditional Bonus, ifAnyF
Death Benefit Death Benefit
Modification- ‘Sum
Assured on Death'
instead of SA
‘Sum Assured on Death’along with
Vested Simple Reversionary Bonuses
and
Sum Assured(SA) along with Vested
Simple Reversionary Bonuses and
FinalAdditional Bonus, if any.
FinalAdditional Bonus, if any.
The death benefit as defined above shall
not be less than 105% of total
premiums* paid as on the date of death .

4. LIC’s New Money Back Plan -25 years ~ Benefits
What is Sum Assured on Death?
Sum Assured on Death shall be Higher of ~ 125% of
Basic Sum Assured (1.25 x BSA) OR
10 times Annualised Premium.(10 x AP).
[*Premiums - excluding taxes, extra premiums and premiums for riders, if any]

5. LIC’s New Money Back Plan -25 years ~
Benefits
Survival
BenefitPolicy Year 5th 10th 15th 20th
NO
Change
in SB
Survival
Benefit Payable
15% 15% 15% 15%
Paid-up
Money Back Plan -25 years
Plan No. 93
New Money Back Plan – 25 years
Plan No. 821
Paid-up value per thousand SumAssured
Paid –up value shall be equal to
[(Number of premiums paid/ Total
Number of premiums payable)x Basic
SumAssured less total amount of
Survival Benefits paid under the policy.
Value
modified
Year ‰ Year ‰
6,11,16 62 20 90
2,7,12,17 124 21 152
3,8,13,18 186 22 214
4,9,14,19 248 23 276
24 338
25 400

6. LIC’s New Money Back Plan -25 years
~
Eligibility Conditions and Restrictions
Particulars
Money Back Plan -25 years
( Plan No. 93)
New Money Back Plan – 25
years ( Plan No. 821)
Age at entry 13 to 45 years 13 to 45 years
Age at Maturity Maximum 70 years Maximum 70 Years
Policy Term 25 years 25 years Premium
Paying
Premium
Paying Term
25 Years 20 Years term
modified
Premium mode
Yearly, Half-yearly, Quarterly,
Monthly (SSS or ECS)
Yearly, Half-yearly, Quarterly,
Monthly (SSS or ECS)
Basic Sum 1,00,000 and above
Assured
50,000 and above
( In multiples of 5000)
Minimum
SA
modified

7. LIC’s New Money Back Plan -25 years ~
Rebates
Mode
Rebate
Plan No. 93 Plan No. 821
Rate
modified
Yearly 3% of tabular Premium 2% of tabular premium
Half-yearly 1.5% of tabular premium 1% of tabular premium
Quarterly Nil Nil
Money Back Plan -25 years
Plan No. 93
New Money Back Plan – 25 years
Plan No. 821
Basic Sum Assured Rebate (Rs.)
5,00,000 and above 3.00‰ BSA
2,00,000 to 4,95,000 2.00‰ BSA
1,00,000 to 1,95,000 Nil
Slab & Rate
modified
Basic Sum Assured Rebate (Rs.)
1,00,000 and above 2.00‰ SA
50001 to 1,00,000 1.00‰ SA
Upto 50000 Nil

8. LIC’s New Money Back Plan -25 years ~ Loan
Money Back Plan -25
years Plan No. 93
New Money Back Plan – 25
years Plan No. 821
Available after payment of 3 full years
premiums.
Available after payment of 3 full years premiums.
%
of
loa
n
mo
dif
ied
Loan granted shall be 90% of the
Surrender Value in case of inforce
policies and 85% of the Surrender Value
in case of Paid-up policies.
The maximum amount of loan that can be granted
as a percentage of Surrender Value be as under:
For inforce and fully paid-up policies – upto 90%
For paid-up policies – 80%
Foreclosure action shall be initiated on
default of 2 or more half-yearly loan
interest installments.
Foreclosure action shall not be taken under fully
paid-up and inforce policies even if there is
default of loan interest.

9. LIC’s New Money Back Plan -25 years ~ Surrender Value
Plan No. 93 Plan No. 821
Guaranteed Surrender Value (GSV) Guaranteed Surrender Value (GSV)
Available after payment of 3 full years
premiums.
Available after payment of 3 full years
premiums.
No
Change
Before Payment of Survival Benefit:
GSV shall be equal to 30% of the total
premiums paid less First Year Premium and
GSV shall be a percentage of total premiums
paid (net of taxes) excluding extra premium, if
any and premium paid for riders, if opted for.
extra premium, if any.
After Payment of Survival Benefit:
GSV shall be 30% of the premiums paid
after the due date on which last SB was paid
Less any Survival Benefits already paid.
Examples of GSV factors applicable for total
premiums paid
Policy Year ~ GSV factor
less extra premium, if any. 3 = 30%
5 = 50%
80% (t=Policy Term)t -1 =
GSV %
modified
Cash Value of vested bonuses, if any. GSV factor applicable to vested bonus, if any.
Examples of Vested bonus factors –
Year of SV – FactorBonus
Payable
modified
3
20
24
15.28%
21.99%
30%

10. LIC’s New Money Back Plan -25 years ~ Surrender Value
No change in SSV
Money Back Plan -25 years
Plan No. 93
New Money Back Plan – 25 years
Plan No. 821
Special Surrender Value (SSV) Special Surrender Value (SSV)
Surrender Value shall be the discounted
value of the Paid-up SumAssured and
vested simple reversionary bonuses.
Surrender Value shall be the discounted
value of the Paid-up SumAssured and
vested simple reversionary bonuses.
The discount factors shall be special
surrender value factors as provided in Table-
1Aof the Special Surrender Value Booklet
and will depend upon the policy term and
duration elapsed since the commencement of
the policy.
The discount factors shall be special
surrender value factors as provided in Table-
1Aof the Special Surrender Value Booklet
and will depend upon the policy term and
duration elapsed since the commencement of
the policy.
Surrender Value Payable Surrender Value payable
The Higher of Guaranteed Surrender Value
and Special Surrender Value shall be
payable.
The Higher of Guaranteed Surrender Value
and Special Surrender Value shall be
payable.

11. LIC’s New Money Back Plan -25 years
There shall be no change in the
following Items
Back Dating
Grace Period
Assignment/Nomination
Money Back Plan -25 years
Plan No. 93
New Money Back Plan – 25 years Plan
No. 821
A Policy may be revived within a period
of 5 years from the date of first unpaid
premium.
A Policy may be revived within a period
of 2 years from the date of first unpaid
premium.
Taxes, if any , were borne by the
Corporation.
Taxes, if any, shall be applicable at the
prevailing rates and borne by the
policyholder as per rules.