Money Back PlansPlan 748NRI Eligible

LIC Bima Shree

Name: LIC Bima Shree
Brand: Life Insurance Corporation of India
Availability: InStock
Rating: 4.6 (32 reviews)

Non-linked money back with guaranteed additions for high sum assured

What is LIC Bima Shree?

LIC Bima Shree (Plan 748) is a money back plans plan from Life Insurance Corporation of India. In simple terms: non-linked money back with guaranteed additions for high sum assured. You also get survival benefits: guaranteed survival benefits at regular intervals.

Key Highlights

For high sum assured (₹10L minimum)

Guaranteed additions, no market dependency

Limited premium payment period

Regular survival benefit payouts

Benefits Explained Simply

If Something Happens to You (Death Benefit)

Sum Assured + guaranteed additions

When the Plan Matures (Maturity Benefit)

30% of SA at maturity + guaranteed additions (after survival payouts)

Money You Get During the Plan (Survival Benefit)

Guaranteed survival benefits at regular intervals

Eligibility & Details

Minimum Entry Age	18 years (completed)
Maximum Entry Age	60 years
Minimum Sum Assured	₹10,00,000
Policy Term	14, 17, 20 years
Premium Paying Term	10, 13, 16 years
Bonus Type	guaranteed
Risk Level	low
NRI Eligible	Yes

Tax Benefits

Section 80C deduction on premiums
Maturity tax-free under 10(10D)

Premium Rates (Indicative)

Age	14 years	16 years	18 years	20 years	24 years	28 years
20 yrs	-	-	-	-	-	-

VERIFIED (partial) from official LIC Sales Brochure (effective 22/09/2025). HNI money back plan. Min BSA ₹10 lakh. PPT = (Policy Term minus 4). Guaranteed Additions: ₹50 per ₹1,000 BSA for first 5 years, ₹55 from 6th year. Survival Benefits: 30-45% of BSA at specified anniversaries. Premium table pending extraction from later pages of brochure.

Source: LIC Official Sales Brochure | Data last verified: 21 March 2026

Example: What You Could Get

Select a plan with available rates to see an illustration.

Who is This Plan Best For?

high net worthguaranteed returnsperiodic income

Frequently Asked Questions

What is LIC Bima Shree (Plan 748)?

LIC Bima Shree is a money back plans plan from Life Insurance Corporation of India. Non-linked money back with guaranteed additions for high sum assured.

What is the eligibility age for LIC Bima Shree?

Entry age is between 18 and 60 years. Policy term: 14 to 20 years. Premium paying term: 10 to 16 years.

What is the minimum sum assured for LIC Bima Shree?

Minimum sum assured is ₹10,00,000. There is no upper limit on sum assured.

What are the tax benefits of LIC Bima Shree?

Section 80C deduction on premiums. Maturity tax-free under 10(10D).

Is LIC Bima Shree available for NRIs?

Yes. LIC Bima Shree is available to Non-Resident Indians. NRIs can buy this plan during a visit to India or through power of attorney.

What happens if I stop paying premiums on LIC Bima Shree?

If you stop paying premiums before 3 years, the policy lapses and you lose all benefits. After 3 years of premium payments, the policy acquires a paid-up value and you receive a reduced sum assured. You can also revive a lapsed policy within 5 years by paying outstanding premiums plus interest.

The information above is for educational purposes only. Actual premiums, benefits, and terms are as per LIC of India. For official and complete details, visit licindia.in.

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