lic premium calculator

Learn about LICCalculatorPremium.in — our mission, vision, and how our free LIC calculators help users make smarter insurance decisions.

Maturity Calculator

Premium Calculator

Endowment Plans

Money Back Plans

Whole Life Plans

Child Plans

Pension Plans

Policy Details

Policy Type

Sum Assured (₹)

Annual Premium (₹)

Policy Term (Years)

Bonus Rate (per 1000 ₹)

Years Completed

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

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.