LIC's BIMA BACHAT is a Money back plan. Pay once and be insured for the whole term. Apply now and get the receipt the next day.

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BIMA BACHAT


LIC's BIMA BACHAT is a single premium Money Back type plan. Survival Benefits (15% of SA) are paid at 3rd, 6th, 9th and 12th policy year respectively depending on the Policy term.


Survival Benefit:

If the policy holder outlives the duration of the policy, at the time of maturity, a single premium payment (excluding extra premium) is made along with loyalty additions, if any.

Death Benefit:

On death of the Life Assured during the term of the policy, an amount equal to the SA will be paid, apart from Survival Benefits, if any, paid earlier

TAX SAVING :
Premium paid in that financial year towards all life insurance come  with Tax rebate under Sec 80C and in case of Health insurance under sec 80D.