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Money Back Plan News

Should You Invest In LIC's New Bima Shree Plan?

LIC came up with its new Money back offering named LIC Bima Shree (Plan no. 848) on March 16, 2018. It is a non linked, money back, limited premium payment with guaranteed additions plan. As LIC is the most trusted brand ...

Should You Buy The LIC New Jeevan Umang Policy?

LIC's new Jeevan Umang Policy available in the market from today is a whole life assurance plan. The plan is similar to the earlier Jeevan Tarang product which is closed for sale. Here's a -take on the new insurance product with respect to eligibility, features and benefits. ...

LIC's New Children Money Back Plan (832): Should You Invest?

LIC has recently come up with a New Children Money Back Plan, providing one more option among the many that are available in the market. This plan is a non-linked money back plan, which would eventually enable to meet meet ...

Using Money Back Plans as a financial planning tool

Money back offers have a definite appeal, even when it comes to life insurance. We all welcome the idea of cash back. Whether our expenses exceed the returns is another matter-human nature loves a good deal, and when used correctly, a ...