LIC Bima Shree is a non-linked, with-profit, limited premium payment money-back insurance plan offered by the Life Insurance Corporation of India (LIC). This plan is specifically designed to provide financial protection along with savings and liquidity benefits.
LIC Bima Shree plan offers financial support to the family of the policyholder in case of his untimely death during the policy period. Launched on 1st February 2020, the plan also takes care of the liquidity needs through a loan facility.
Minimum Entry Age | 8 Years (completed) |
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Maximum Entry Age |
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Age at Maturity |
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Sum Assured | Min - Rs 10,00,000/- | Max - No Limit |
Policy Term | 14, 16, 18, 20 years |
Premium Paying Term | (Policy term - 4) years |