Need A Financial Product Forums Insurance Will I get bonus for LICs Jeevan Shree without profit

This topic contains 1 reply, has 2 voices, and was last updated by  Tushar Rai 2 years, 3 months ago.

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  • #47001

    Tushar Rai
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    Since last 12 years, I am paying annual premium of Rs. 37,902 towards LICs Jeevan Shree. SA is Rs. 7, 50,000. Policy term is 25 years, payment term is 16 years. Since it is a without profit policy, will I get any bonus and what sum can I except to get at maturity?

    #47002

    For this policy, guaranteed bonus rate is Rs. 75 per Rs. 1,000, i.e. 56,250 yearly bonus addition in your case. In 25 years, your policy will get total Rs. 14, 06,250 (56,250 * 25) as basic bonus. In addition, you will get Rs. 7, 50,000 sum assured.

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