LIC Maturity Calculator (Bonus Plans)
Estimate the maturity value of a bonus-based LIC policy such as Jeevan Anand, Jeevan Labh or New Endowment.
Illustration only, based on the benefit structure in LIC’s plan brochure. It is not an LIC quotation or benefit illustration. Bonuses are not guaranteed and are not included unless stated. Actual benefits depend on policy terms, premiums paid and LIC’s rules – the policy document prevails.
Get official LIC illustration on WhatsAppHow maturity is paid in bonus plans
In participating LIC plans like New Jeevan Anand, Jeevan Labh and the New Endowment Plan, the maturity amount is:
Basic Sum Assured + Simple Reversionary Bonuses + Final Additional Bonus (if any)
LIC declares the bonus rate every year per ₹1,000 of Sum Assured, and it differs by plan and term. That is why this calculator asks you for the bonus rate – it shows an estimate, not a promise.
How this calculator works
- Bonus added each year = Basic Sum Assured ÷ 1,000 × assumed bonus rate.
- Total simple reversionary bonus = yearly bonus × policy term (assuming the same rate every year).
- Final additional bonus = Basic Sum Assured ÷ 1,000 × assumed FAB rate.
- Estimated maturity = Basic Sum Assured + total bonus + final additional bonus.
- Real bonus rates change every year and differ by plan and term, so the actual maturity can be higher or lower. Not included: taxes and riders.
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