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LIC Jeevan Shree Policy Table 112

Product summary:

This is an Endowment Assurance plan offering the choice of many convenient premium paying terms. It provides financial protection against death throughout the term of plan with the payment of maturity amount on survival to the end of the policy term.
Premiums:
Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the premium paying term or till earlier death. Alternatively premium may be paid in one lump sum (Single premium).

Guaranteed Additions:
The policy provides for the Guaranteed Additions at the rate of Rs. 50/- per thousand Sum Assured for each completed year for first five years of the policy. The Guaranteed Additions are payable along with the Basic Sum Assured at the time of claim.

Bonuses:
The policy participates in the profits of the Corporation’s life insurance business from the 6th year onwards. It will get a share of the profits in the form of bonuses. Simple Reversionary Bonuses will be declared per thousand Basic Sum Assured annually at the end of each financial year. Once declared, they will form part of the guaranteed benefits of the plan.
Death Benefit:
The Sum Assured alongwith guaranteed additions and vested bonuses, if any, is payable in a lump sum on death of the life assured during the policy term.

Maturity Benefit:
The Sum Assured alongwith guaranteed additions and reversionary bonuses, if any  is payable in a lump sum on survival to the end of the policy term.

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35 Responses to LIC Jeevan Shree Policy Table 112

  1. V Gurunathan says:

    my policy is jeevan shree plan 112-25 and policy no.252418294 and DOC 28-03-2001 for SA 5 lakhs.kindly inform me which is better to continue or to surrender ? what surrender value i get now ? Tkr

  2. ANAND BANGUR says:

    Sir:
    I have a Policy No: 342069687 dtd 28.03.1999 for Rs.50,00,000/-.
    Could you please confirm whether this is a KEY MAN POLICY OR NOT.
    pLS ADVISE.
    tHANKS
    anand bangur
    VYANKTESH PLASTICS & PACKAGING PVT.LTD.,
    UJJAIN.

  3. Sudnya Bokil says:

    Please let know the amount at the time of maturity Jeevan Shree Policy

  4. bharat lal sahu says:

    I want to know how much amount i wll receive if i take a money back sum assured 5lac

  5. T.ABUBAKKAR says:

    Sir,My Policy No.is 683251622
    I have totally paid paid my premium for JEEVAN SHREE Table,112-20-12.

    Pl let me know how much money i will be getting if i withdraw now,after 2 year,after 3 years,after 5 years,and on the date of maturity,i.e.,on 28- 12-2021.There is no clear information in the policy nor my Agent is co-operating.

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