About LIC New Money Back Plan — 25 Years (Plan 921)
Plan 921 extends the money-back concept to 25 years with 15% of Sum Assured returned every 5 years (four times) and 40% + full bonus at maturity. The longer term means more bonus years and a bigger final corpus than plan 920.
Benefit Structure (₹10 Lakh Example)
| Policy Year | Benefit | Amount |
|---|---|---|
| End of 5th / 10th / 15th / 20th year | 15% of SA each time | ₹1,50,000 × 4 = ₹6,00,000 |
| End of 25th year (Maturity) | 40% SA + Bonus + FAB | ₹4,00,000 + approx ₹11,00,000 |
| Total Approx. Returns | ₹21,00,000+ | |
Key Features
- Entry age: 13–45 yrs | Term: 25 yrs | PPT: 20 yrs
- Death benefit: 125% of SA + vested bonus, unaffected by money-backs already paid
- Bonus: approx. ₹41 per ₹1000 per year + FAB ~₹75/1000 at maturity
- Liquidity + protection + tax-free returns in one package