← Back to all LIC Plans
Plan No. 864Money Back
LIC's Bima Ratna
"Shine bright with guaranteed returns."
A non-linked, non-participating, individual, life assurance savings plan which offers a combination of protection and savings with guaranteed additions.
Key Features
- ✓Guaranteed Additions throughout the policy term.
- ✓Periodic survival benefits.
Eligibility Criteria
Minimum Age90 Days
Maximum Age55 Years
Minimum Term15, 20, 25 Years
Maximum Term15, 20, 25 Years
Min Sum Assured₹ 5,00,000
Max Sum AssuredNo Limit
Plan Benefits
Death Benefit
125% of Basic Sum Assured + Guaranteed Additions.
Survival Benefit
25% of BSA paid at specified intervals depending on term.
Maturity Benefit
50% of Basic Sum Assured + Guaranteed Additions.
Real-World Example
Profile30-Year-Old Male
Sum Assured₹ 10,00,000
Term Details15 Years (Premium Paying Term: 11 Years)
Annual Premium₹ 1,05,000 / Year
Expected Returns₹ 2.5L in 13th & 14th Year, ₹ 12.5L at Maturity
How it Works
Pays premiums for 11 years. Gets ₹ 2.5 Lakhs at the end of the 13th year, another ₹ 2.5 Lakhs at the 14th year, and a final ₹ 12.5 Lakhs (with guaranteed additions) at the 15th year. Total returns are 100% guaranteed.