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Bima Shree(948)

100,000.00

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.

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Description

Plan :Bima Shree (948)

Product Summary :
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, Halfly, Quarterly, Monthly(ECS)

Term/Ppt :
14/10, 16/12, 18/14 and 20/16 Years

Minimum Entry Age :
8 Years completed

Maximum Entry Age :
55 Years (Nearer Birthday) for Term 14
51 Years (Nearer Birthday) for Term 16
48 Years (Nearer Birthday) for Term 18
45 Years (Nearer Birthday) for Term 20

Maximum Maturity Age :
69 Years (Nearer Birthday) for term 14
67 Years (Nearer Birthday) for term 16
66 Years (Nearer Birthday) for term 18
65 Years (Nearer Birthday) for term 20

Minimum Sum Assured :
Rs 10 lakh (Multiple of 1 lakhs thereafter)

Maximum Sum Assured :
No Limit

Guaranteed Addition :
Rs 50/- per 1000 SA for 1st 5 years
Rs 55/- per 1000 SA for remaining PPT

Policy Benefits :
On Death :
Death during 5 yrs : SA on Death + GA
Death after 5 yrs : SA on Death + GA + LA
*SA on Death* : 125% of BSA or 7 times AP or 105% of Premiums Paid

Survival Benefits :
For 14 yrs policy : 30% of BSA in 10th and 12th year
For 16 yrs policy : 35% in 12th and 14th year
For 18 yrs policy : 40% in 14th and 16th year
For 20 yrs policy : 45% in 16th and 18th year

New Critical Illness Benefit Rider available.
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 :
Loan Facility is available under this plan, after payment of premiums for at least 2 full years.

For more information visit www.LicAllinOneCalc.com

Additional information

Plan

Bima Shree (948)

Product Summary

bimashree

Premium Paying Mode

yhqm

Term/PPT

14/10, 16/12, 18/14 and 20/16 Years

Minimum Entry Age

8 Year Completed

Maximum Entry Age

bimashree

Maximum Maturity Age

bimashree

Minimum Sum Assured

Rs 10 lakh (Multiple of 1 lakhs thereafter)

Maximum Sum Assured

bimashree

On Survival

bimashree

Surrendered Value

The policy can be surrendered at any time during the policy term provided premiums have been paid for full two years.

Loan

Available after payment of premium of 2 full years.

Policy Riders

New Critical Illness Benefit Rider available. Premium Waiver Benefit Rider available.

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