LIC Money Back Plans in Pune

Compare All LIC Money Back Plans – Expert Periodic Return Advisory for Pune

LIC Money Back Plans are traditional insurance policies that combine life protection with periodic cash returns during the policy term, making them one of the most popular insurance products among Pune residents who want both insurance cover and planned liquidity at regular intervals.
LIC's core money back offerings in Pune include LIC New Money Back Plan 20 Years (Plan 820) with survival benefits at years 5, 10, 15, and LIC New Money Back Plan 25 Years (Plan 821) with survival benefits at years 5, 10, 15, 20. LIC Bima Bachat is a single premium money back option for those with a lump sum to invest. LIC New Children's Money Back Plan is designed specifically for children's education milestone funding.
Our Pune advisors help you choose the right money back plan by mapping the survival benefit payout schedule to your actual planned expenses — whether that is a child's school fees, a home renovation, a vehicle purchase, or a family milestone. Call +91-81089 19187 for a free money back plan consultation in Pune.

What is the difference between LIC Money Back 20 Year and 25 Year plans?

The 20-year plan provides 3 payouts (20% at years 5, 10, 15) and 40% + bonuses at maturity. The 25-year plan provides 4 payouts (15% at years 5, 10, 15, 20) and 40% + bonuses at maturity. The 25-year plan has more payouts but smaller amounts per payout. Our Pune advisor will compare both for your specific financial milestones.

Is the life cover maintained during survival benefit payouts in LIC money back plans?

Yes. The full sum assured life cover is maintained throughout the entire policy term in LIC money back plans, regardless of survival benefits already paid. If the life assured dies during the policy term, the full basic sum assured plus bonuses is paid to the nominee, regardless of how many survival benefits have already been received.

Are LIC money back plans good for tax saving in Pune?

Yes. LIC money back plan premiums are deductible under Section 80C. The maturity benefit is generally tax-exempt under Section 10(10D). Survival benefit payments may or may not be fully tax-exempt depending on whether premium is within 10% of sum assured. Our Pune advisor will clarify the specific tax treatment for your chosen plan.

What is the total return from a LIC money back plan in Pune?

Total returns from LIC money back plans include all survival benefit payouts plus the maturity benefit (40% of sum assured + all accrued bonuses). For a ₹10 lakh sum assured 20-year plan, total receipts are typically ₹18–22 lakh over 20 years depending on bonus declarations. Our Pune advisor will provide a detailed benefit illustration. Call +91-81089 19187.