14/05/2026
# # **LIC Bima Shree (Plan 948)**
**LIC Bima Shree** is a non-linked, participating, individual life insurance savings plan designed specifically for high-net-worth individuals. It offers a combination of protection and savings, providing financial support for the family in case of the policyholder's unfortunate death and periodic payments for the policyholder during the term.
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# # # **Key Features**
* **Death Benefit:** Provides a lump sum payment to the family if the policyholder passes away during the policy term.
* **Survival Benefits:** Offers periodic payments at specified intervals during the policy term, provided the policyholder is alive.
* **Maturity Benefit:** A lump sum payment is made at the end of the policy term if the policyholder survives.
* **Guaranteed Additions:** The plan includes guaranteed additions for the first five years, followed by loyalty additions based on LIC's performance.
# # # **Plan Details**
| Feature | Specifics |
| --- | --- |
| **Eligibility Age** | 8 years to 55 years |
| **Policy Terms** | 14, 16, 18, and 20 years |
| **Premium Paying Term** | Limited (Policy Term minus 4 years) |
| **Minimum Sum Assured** | ₹10,00,000 (No upper limit) |
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# # # **Additional Options**
* **Rider Benefits:** You can opt for additional protection through riders like Accidental Death and Disability Benefit or Term Assurance.
* **Loan Facility:** Policyholders can avail of loans against their policy after paying premiums for a specific period.
