In this paper we report a detailed characterization of a new structure (POLICRYPS) in which liquid crystal films are completely separated by polymer slices. This structure behaves as a Bragg diffraction grating and exhibits efficiencies that can become as high as 96-98%. The temperature dependence of the diffraction efficiency can be explained in terms of a Kogelnik-like model. A numerical simulation has been implemented which makes use only of real values of physical quantities and accounts for the experimental results with good accuracy. An applied electric field is able to switch off the grating, with a characteristic switching time which is lower than 1 ms. Threshold values of the field vary in the range 3-5 V/μm for gratings with a 1.39 μm fringe spacing.