Bima Shree – 748

LIC Bima Shree (Plan No. 748) is a high-value money back life insurance plan specially designed for high net-worth individuals. It offers enhanced life protection along with guaranteed additions, loyalty additions, periodic survival benefits, and a strong maturity corpus for long-term financial planning.

• High-Value Money Back Plan: Designed for individuals with higher sum assured requirements.
• Periodic Survival Benefits: Regular payouts at predefined intervals during the policy term.
• Guaranteed Additions: Assured additions that enhance the policy value.
• Loyalty Additions: Additional benefits payable at maturity as declared by LIC.
• Strong Maturity Corpus: Attractive lump-sum payout on survival till maturity.
• Enhanced Life Protection: Higher death benefit to secure family’s financial future.
• Long-Term Wealth Creation: Helps build a substantial financial corpus.
• Liquidity: Survival benefits provide cash flow for planned expenses.
• Tax Benefits: Eligible for tax benefits as per prevailing income tax laws.
• Trusted LIC Backing: Assurance of Life Insurance Corporation of India.

Detailed Description

LIC Bima Shree (Plan 748) is a premium money back life insurance plan aimed at individuals who seek high-value insurance coverage along with disciplined long-term savings. This plan is particularly suitable for high net-worth individuals who want enhanced life protection and attractive financial returns.

One of the distinguishing features of Bima Shree is the combination of periodic survival benefits and a substantial maturity benefit. The survival benefits provide liquidity at regular intervals, helping policyholders meet important financial needs without disturbing their long-term savings strategy.

In addition to survival benefits, the plan offers guaranteed additions that accumulate over the policy term. These guaranteed additions, along with loyalty additions payable at maturity, significantly enhance the overall value of the policy and help create a strong financial corpus.

Bima Shree also provides enhanced life insurance protection. In the unfortunate event of the policyholder’s death during the policy term, the nominee receives a higher death benefit, ensuring comprehensive financial security for the family.

The plan encourages disciplined savings through structured premium payments and clearly defined benefits. Since the returns are not linked to market performance, policyholders can plan their finances with confidence and stability.

Backed by LIC’s strong financial foundation and trusted claim settlement record, Bima Shree offers reliability, transparency, and long-term assurance. It is an ideal choice for individuals looking to combine life protection, liquidity, and wealth creation in a single, high-value insurance plan.

Overall, LIC Bima Shree – 748 stands out as a powerful money back plan that delivers guaranteed additions, loyalty benefits, periodic payouts, and enhanced life cover, making it a preferred option for high net-worth individuals planning their financial future.