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, Works at Life Insurance Corporation of India. Vested Bonus is the bonus which is already accumulated in you policy at the end of particular financial year. Every year LIC declares bonus in its Participating/with profit policies according to valuation of actuarial department of LIC.
LIC Money Back Policy - 20 years Plan. LIC Money Back Policy - 20 years is a simple Money Back Plan or an anticipated endowment policy. This is a non unit-linked insurance traditional plan where the money is paid as pre-decided intervals.ample illustration of premium of LIC Money Back Policy - 20 years. The below illustration is for a healthy Male (non-tobacco user) opting for a. Age = 30 years, 35 years and 40 years, Sum Assured = Rs 1,00,000. Policy Term = 20 years.