Bima Shree starts at a higher cover amount than many savings policies, so the premium commitment deserves a close look. The money-back payments can help with planned expenses, but they arrive on specific dates. Match those dates to your needs before treating the total benefits as money available at any time.
Start with the larger cover commitment
The starting cover is ten lakh rupees, and the allowed joining age changes with the policy term. Premiums finish four years before the chosen term ends. The official term choices go beyond those currently shown in this calculator, so ask for a quote if your required option is missing.
Money-back dates depend on the term
The fixed additions build up during the premium paying years, while survival payments follow the schedule for your chosen term. A loyalty addition may be payable under the plan rules, but its amount is not fixed beforehand. For a different older money-back schedule, the Bima Ratna policy calculator can help you compare existing contracts.
Ten lakh cover on the fourteen year option
On ten lakh rupees of cover for fourteen years, the scheduled payments are three lakh rupees at year ten and another three lakh at year twelve. The base maturity amount and fixed additions total nine lakh twenty five thousand rupees. Any eligible loyalty addition is extra, not part of that fixed example.
FAQ
Q: Does Bima Shree automatically pay ten percent for a critical illness?
A: Do not assume that benefit. The base plan does not promise that payment; any extra health cover must be checked in its own policy terms.
Q: Can I choose five lakh basic cover in Bima Shree?
A: No. This version starts at ten lakh rupees. A smaller premium budget may require comparing a different plan rather than lowering this cover below its limit.
Q: Do all Bima Shree terms have the same money-back percentages?
A: No. Both dates and percentages depend on the selected term. Use its specific schedule rather than applying the fourteen year example to every option.