Jeevan Shree is categorized as an endowment assurance plan which offers you many convenient premium paying terms.
You get financial protection against death throughout policy term with payment of the maturity amount on survival till the end of policy term.
- You can pay the premiums till the end policy term ends, or till early death.
- A guaranteed addition @Rs.50/ Rs.1000 sum assured for each of the first five years.
- Your policy shall receive a bonus as it takes part in LIC’s life insurance business’s profits.
- If the life assured dies, sum assured with the bonuses will be oaid.
- Surrender value available in case the policy is terminated before maturity.