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Life Insurance Policy Returns & Bonus Estimator

LIC Maturity Calculator

Estimate your maturity value inclusive of simple reversionary bonuses, final additional bonus (FAB), and total tax-free returns under Section 10(10D).

edit_document Policy Parameters

Jeevan Anand (T-915)
₹10,00,000
₹
21 Years
Years
₹52,000 / yr
₹
₹48 / thousand
₹

verified Maturity Estimation

Tax Exempt u/s 10(10D)
Total Estimated Maturity Amount
₹20,58,000
Estimated Net Gain: +₹9,66,000 (+88.5%)
Base Sum Assured
₹10,00,000
Accrued Bonus
₹10,08,000
Total Premiums Paid
₹10,92,000
Final Bonus (FAB est.)
₹50,000
Maturity Proceeds Composition
5-Year Milestone Bonus Growth
Milestone Premium Paid Bonus Accrued Death Coverage

Understanding LIC Policy Maturity, Bonuses & Returns

The LIC Maturity Calculator calculates projected payouts for participating endowment, limited-pay, and whole life policies offered by the Life Insurance Corporation of India. Under with-profit policies, the policyholder participates in LIC's annual actuarial valuation surplus distributed as reversionary bonuses.

How Does LIC Calculate the Final Maturity Amount?

The maturity proceeds consist of three vital components:
1. Basic Sum Assured: Guaranteed principal sum stated on the policy bond.
2. Simple Reversionary Bonus: Declared annually as ₹X per ₹1,000 Sum Assured, accumulated every completed policy year.
3. Final Additional Bonus (FAB): A one-time loyalty bonus declared on policies running for 15+ years paid at maturity or death.

Frequently Asked Questions

Yes! Under Section 10(10D) of the Income Tax Act, the entire maturity amount (Sum Assured + Bonus + FAB) is exempt from income tax, provided the annual premium does not exceed 10% of the actual capital sum assured.
LIC Jeevan Anand (Table 915) provides full maturity payout at term end PLUS continuing life coverage until age 100 with a second death benefit payout. Jeevan Labh (Table 936) is a limited premium paying plan offering higher returns without post-maturity life cover.
Once an annual bonus is declared and vested into your policy by LIC, it becomes a guaranteed payable obligation at maturity or death. However, future declaration rates depend on LIC's annual surplus performance.
Yes. After completing 2 full policy years and paying all dues, participating policies acquire surrender value against which policyholders can borrow up to 90% of the surrender value at competitive interest rates.