Plan Summary : LIC's Bima Shree plan is a non-linked, with-profits, limited premium payment money back life insurance plan with minimum Basic Sum Assured of Rs. 10 lakh especially designed for targeted segment of High Net-worth Individuals.
Premium Payment Mode : Yearly, Half-yearly, Quarterly, Monthly (ECS)
Policy Term / Premium payment term : 14/10, 16/12, 18/14 and 20/16 Years
Minimum Entry Age : 8 Years completed
Minimum Sum Assured : Rs 10 lakh (Multiple of 1 lakhs thereafter)
Maximum Sum Assured : No Limit
Guaranteed Addition :
1) Rs 50/- per 1000 SA for 1st 5 years
2) Rs 55/- per 1000 SA for remaining PPT
Policy Benefits : On Death :
1) Death during 5 yrs : SA on Death + GA
2) Death after 5 yrs : SA on Death + GA + LA
## SA on Death : 125% of BSA or 10 times AP or 105% of Premiums Paid
Survival Benefits :
1) For 14 yrs policy : 30% of BSA in 10th & 12th year
2) For 16 yrs policy : 35% in 12th & 14th year
3) For 18 yrs policy : 40% in 14th & 16th year
4) For 20 yrs policy : 45% in 16th & 18th year
At Maturity time : Remaining SA with GA + LA
# Lic's New Critical Illness Benefit Rider available.
# Lic's Premium Waiver Benefit Rider available.
Surrendered Value : The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.
Loan Facility: Loan Facility is available under this plan, after payment of premiums for at least 2 full years.
Premium Payment Mode : Yearly, Half-yearly, Quarterly, Monthly (ECS)
Policy Term / Premium payment term : 14/10, 16/12, 18/14 and 20/16 Years
Minimum Entry Age : 8 Years completed
| Term | Max. Entry Age | Max. Maturity Age |
| 14 Years | 55 Years (Nearer Birthday) | 69 Years (Nearer Birthday) |
| 16 Years | 51 Years (Nearer Birthday) | 67 Years (Nearer Birthday) |
| 18 Years | 48 Years (Nearer Birthday) | 66 Years (Nearer Birthday) |
| 20 Years | 45 Years (Nearer Birthday) | 65 Years (Nearer Birthday) |
Minimum Sum Assured : Rs 10 lakh (Multiple of 1 lakhs thereafter)
Maximum Sum Assured : No Limit
Guaranteed Addition :
1) Rs 50/- per 1000 SA for 1st 5 years
2) Rs 55/- per 1000 SA for remaining PPT
Policy Benefits : On Death :
1) Death during 5 yrs : SA on Death + GA
2) Death after 5 yrs : SA on Death + GA + LA
## SA on Death : 125% of BSA or 10 times AP or 105% of Premiums Paid
Survival Benefits :
1) For 14 yrs policy : 30% of BSA in 10th & 12th year
2) For 16 yrs policy : 35% in 12th & 14th year
3) For 18 yrs policy : 40% in 14th & 16th year
4) For 20 yrs policy : 45% in 16th & 18th year
At Maturity time : Remaining SA with GA + LA
# Lic's New Critical Illness Benefit Rider available.
# Lic's Premium Waiver Benefit Rider available.
Surrendered Value : The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.
Loan Facility: Loan Facility is available under this plan, after payment of premiums for at least 2 full years.
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