New Bima Gold table no .179 was introduced to celebrate 50 glorious years of LIC.
As the name suggests this plan is truly golden product from Lic of India. In this plan individual does get regular 15 % sum assured as money back every 4 years throughout the term of the policy. On maturity Individual does get Loyalty Bonus and the plan does not terminate in fact it continues for a further period of 10 years. So after maturity no premium needs to be paid still one gets 50% sum assured as free risk cover for 10 years.
Every year normal risk cover and accident risk cover goes on increasing so as to provide maximum security to the policy holders and their families. In case of normal death Sum assured + Loyalty is payable irrespective of the money back payments received. In case of accidental death Double Sum assured + Loyalty is payable irrespective of the money back payments received.
Regular money back received can directly be invested in other Lic plan live Jeevan Tarag which will give lifelong money back solution. Overall an excellent plan good for long term planning. Recommended for maximum 20 years term. Our rating 5 out of 5