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Get Rs 23 lakh by investing Rs 160 daily through LIC's Money Back Plan, here's how Under this policy, by investing Rs 160 a day, you will get a return of more than Rs 23 lakh at the time of maturity. Share Updated: Dec 20, 2020, 12:23 PM IST Life Insurance Corporation (LIC), the country's largest life insurance company, which offers term insurance plans, pension plans and endowment insurance policies also offer money back policies. The money-back policy by LIC is of two types in terms of maturity — 20 years maturity plan and 25-year maturity. According to tax and investment experts, the L...