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Lic Bima Shree vs Lic Hindi

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Lic Bima Shree vs Lic Hindi

Lic Bima Shree

LIC Bima Shree Policy is a traditional, non-linked, and with-profit money-back life insurance policy that features guaranteed additions to provide security along with savings to you and your family. It is a limited premium paying plan that is known for offering financial protection in dual cases whe...

Lic Hindi

LIC Nivesh Plus is a unit-linked, non-participating, and single-premium individual life insurance plan. It offers insurance cum investment benefits that help you to stay protected and earn great returns. The plan allows the insured to monetize the investment opportunities associated with the stock m...

PLAN DETAILS

Lic Bima Shree


Lic Hindi

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Survival Benefits
  • Partial Withdrawals
  • Switches
  • Guaranteed Additions
Plan Maturity age Maximum Maturity Age - 55 years Maximum Maturity Age - 85 years
Premium payment term 10 to 16 years 10 to 25 years
Plan Entry Age Minimum Age - 8 years Maximum Age - 45 years Minimum Age - 90 days Maximum Age - 70 years
Sum assured Rs 10 lakhs to No limit Rs 1 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 14 years Maximum term - 20 years Minimum term - 10 years Maximum term - 25 years
Claim Settlement Ratio (2024-25) 98.5% 98.5%

Know More About Plans

LIC Bima Shree Policy is a traditional, non-linked, and with-profit money-back life insurance policy that features guaranteed additions to provide security along with savings to you and your family. It is a limited premium paying plan that is known for offering financial protection in dual cases where the policyholder survives the policy term or in the event of the death of the policyholder before the term ends.

The plan pays out maturity benefits in the form of multiple guaranteed ‘survival benefits' throughout the policy tenure. Under this plan, the policyholder is also liable to get the regular liquidity facility.

LIC Bima Shree Plan offers you a range of benefits including:

why-choose
  • Death Benefits,
  • Maturity Benefits
  • Survival Benefits
  • Additional riders to choose from,
  • Waiver of premium benefit
  • Free-look period

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