LIC Bima Shree (Plan 948) Review - High SA Limited Pay Plan
LIC Bima Shree (Plan 948) is designed for high-income individuals wanting ₹10L+ SA with limited premium payment. Includes loyalty additions and guaranteed income.
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.
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Ajay Kumar Poddar
Ajay Kumar Poddar is a veteran financial advisor with over 31 years of experience, a premier MDRT member, and a recipient of the LIC Chairman's Club award. He helps Gorakhpur families secure their future with absolute transparency and trust.
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