LIC Bima Shree (Plan 948) is designed for high-income individuals who want a high sum assured with limited premium payment. Minimum SA is ₹10 lakh, making it a premium plan for serious planners.
Key features:
- ▸Entry age: 8 to 55 years
- ▸Allowed terms: 14, 16, 18, 20, 24, 28 years
- ▸PPT: Term minus 4 years (e.g., 20 year term → 16 year PPT)
- ▸Minimum SA: ₹10,00,000 (no maximum)
- ▸Loyalty Additions: Added from the 5th year onwards
Special benefit - Guaranteed Income: Last 5 years of policy term: 1.1% of SA is paid monthly Example: SA ₹20L → ₹22,000/month for last 5 years
Maturity benefit: SA + Loyalty Additions + FAB
Death benefit: Higher of (10× annual premium) or (sum assured) + loyalty additions
Who it is for: Business owners, high-income professionals, families building serious wealth with LIC's safety.
Call 9415313434 to check current Bima Shree rates for your age.
