Detailed Review & Our Recommendation on LIC Bima Bachat Plan. Compare Premiums, Key Features & Benefits of this Single Premium Money Back Policy. Detailed Review & Our Recommendation on LIC New Bima Bachat Plan. Compare Premiums, Key Features & Benefits of this Single Premium Money Back . LIC Bima Bachat – Compare features and benefits of Bima Bachat No. from LIC. Also check other latest plans from LIC and check your eligibility with similar.

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What is Bima Bachat? Bima Bachat requires the policy holder to pay only one premium. The amount paid for the premium depends on the duration of the policy taken and life insurance is available till the date of maturity.


What other benefits do I receive during the specified duration of the policy? bimaa

Life Insurance Corporation of India – Bima Bachat

For a term of 9 years: For a term 12 years: Bimx a term 15 years: What additional benefits do I get upon maturity? 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.

How much insurance do I get? The policy holder is insured for an amount equal to the sum assured. What about the installment received already? The insurance cover is irrespective of the installments received. When am I eligible for the guaranteed surrender value?

The guaranteed surrender value is available only after completion of at least one policy year. What other benefits does this insurance cover offer? Bima Bachat is the only money-back policy that offers a loan facility.

LIC Bima Bachat

The rate of interest for this will be determined from time to time vima the corporation. It also offers other benefits like the 15 day cooling off period, grace period and revival.


Who is eligible for the policy? Are there other conditions or restrictions? The following are the requirements that one needs to be aware of before applying for this policy: Benefits What is Bima Bachat? Things you must know.