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 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.

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.

3 Comments on "LIC Jeevan Shree Policy Table 112"

  1. Bidyut Ghosh | March 3, 2021 at 7:42 am | Reply

    Please let me know how much amount received in death claim of my client against table no 112. Client paid full premium. After 20 years she died. Sum assured Rs. 12 Lakhs

  2. sreenivasan. ds | May 15, 2019 at 6:43 am | Reply

    My Policy Number is 712936550 (Opened on 26.02.2000). I paid 16 years
    How much I will get on Maturity. Please mail me the maturity date.

  3. Can you let me know the likely maturity value for my plan 112 policy number 121923481. U have paid all premiums

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