New Bima Bachat

• LIC New Bima Bachat plan offers the Life cover, Savings & Guaranteed pay-outs by paying Single Premium
• This plan offers Guaranteed 15% of Sum Assured at regular intervals depending on the term of the policy that customer choose
• On maturity, customer gets back the Single premium paid along the loyalty addition, if any
• This plan has an option of choosing the Accidental Life cover & Disability Benefit
• This plan also has the option of taking the Maturity proceeds in installments as the policy-holder can choose the no of year as 5, 10 or 15.
• In a similar way, the policyholder also has the option of choosing the death benefit in installments.
• LIC also offer the discount in the premium in case the mode of payment is Yearly and also in case of high sum assured
• The loan is also available to the policyholder after the completion of 1 year of the policy