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What is the benefit of LIC New Bima Gold policy and what is Loyalty addition bonus and FAB? - Bijentimala

Answer:
Insurance is must for Every Citizen of India. New Bima Gold policy is a money back policy with 50% extented term & risk cover. And Loyalty Addition Benefits are the interests/benefits given to policyholders of that particular policy depending on the companies profits at the time of maturity. And FAB is the Final Additional bonus given at the time of maturity to the policyholder.

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