lic premium calculator

Maturity Calculator
Premium Calculator
Endowment Plans
Money Back Plans
Whole Life Plans
Child Plans
Pension Plans

Policy Details

Maturity Value

Total Maturity Amount
₹ 11,75,000
for a 20-year Jeevan Anand Policy

Amount Breakdown

Sum Assured: ₹ 5,00,000
Accumulated Bonuses: ₹ 4,80,000
Final Additional Bonus: ₹ 1,50,000
Loyalty Additions: ₹ 45,000
Total Maturity Value: ₹ 11,75,000

Investment Analysis

Total Investment
₹ 5,00,000
Total Returns
₹ 6,75,000
CAGR
4.2%
ROI
135%

Tax Benefits

Annual premium qualifies for 80C deduction (up to ₹1.5L)
Maturity amount is completely tax-free under 10(10D)
Estimated tax savings: ₹ 7,500/year

Investment Comparison

Investment Returns Risk Tax
Your LIC Policy 4.2% CAGR Low Tax Free
Fixed Deposit 6.5% CAGR Low Taxable
Mutual Funds 12% CAGR High Taxable

Next Steps

Review Policy Document

Verify bonus rates and terms in your policy document

Set Premium Reminders

Ensure timely premium payments to avoid policy lapse

Contact LIC Agent

Discuss additional coverage or policy modifications

Consider Additional Coverage

Explore term insurance for higher life coverage

Important Notes

Bonus rates are not guaranteed and may vary based on LIC's performance
Early surrender may result in significant loss of investment
Policy provides life insurance coverage throughout the term

Disclaimer

This calculator provides an estimate of your LIC policy maturity amount based on the information provided and current bonus rates. The actual maturity value may vary depending on LIC's declared bonus rates, any revisions in policy terms, or additional factors. This tool is for informational purposes only and does not guarantee the actual maturity amount. For exact values, please refer to your policy document or contact LIC directly.