Bima Ratna – 764

LIC Bima Ratna (Plan No. 764) is a non-linked, non-participating life insurance plan designed to provide regular survival benefits along with comprehensive life cover. With guaranteed additions and attractive maturity benefits, this plan is ideal for individuals seeking disciplined long-term savings with assured returns.

• Non-Linked & Non-Participating: Guaranteed benefits without market risk.
• Regular Survival Benefits: Periodic payouts at predefined intervals.
• Guaranteed Additions: Assured additions enhance maturity value.
• Maturity Benefit: Lump-sum amount payable on survival till maturity.
• Comprehensive Life Cover: Financial protection throughout the policy term.
• Long-Term Savings: Encourages disciplined and systematic saving.
• Liquidity: Survival benefits help meet planned financial needs.
• Family Security: Death benefit payable to nominee during policy term.
• Transparent Structure: Simple benefits with clearly defined payouts.
• Trusted LIC Backing: Reliability of Life Insurance Corporation of India.

Detailed Description

LIC Bima Ratna (Plan 764) is a thoughtfully designed life insurance plan that focuses on providing guaranteed benefits along with life protection. Being a non-linked and non-participating plan, it offers assured returns without exposure to market fluctuations, making it suitable for risk-averse individuals.

One of the key features of Bima Ratna is the payment of survival benefits at regular intervals during the policy term. These payouts provide liquidity and help policyholders meet important financial commitments such as education expenses, business needs, or personal milestones, while still maintaining long-term savings.

In addition to survival benefits, the plan offers guaranteed additions that accumulate over the policy term and significantly enhance the maturity value. On survival till maturity, the policyholder receives a lump-sum maturity benefit, providing a strong financial corpus for future needs.

The plan also ensures comprehensive life insurance protection. In the unfortunate event of the policyholder’s death during the policy term, the nominee receives the death benefit, ensuring financial security for the family.

Bima Ratna encourages disciplined savings through a structured premium payment schedule. Since the benefits are predefined and guaranteed, policyholders can plan their finances with confidence and clarity.

Backed by LIC’s strong financial foundation and trusted claim settlement record, Bima Ratna offers peace of mind and long-term security. It is an ideal choice for individuals looking for a reliable savings-oriented life insurance plan with assured benefits.

Overall, LIC Bima Ratna – 764 is well-suited for individuals seeking a stable, guaranteed, and disciplined approach to long-term financial planning, combining survival benefits, maturity value, and comprehensive life cover under one dependable plan.