LIC Plan Calculator
Estimate premium paid, bonus, maturity value, and expected returns for LIC-style savings plans.
Endowment Plan
A savings-oriented LIC plan with maturity value at the end of the policy term.
Total Expected Return
Yearly Projection
| Year | Cumulative Bonus | Survival Benefit | Cumulative Survival |
|---|---|---|---|
| 1 | ₹ 40,000 | ₹ 0 | ₹ 0 |
| 2 | ₹ 80,000 | ₹ 0 | ₹ 0 |
| 3 | ₹ 1,20,000 | ₹ 0 | ₹ 0 |
| 4 | ₹ 1,60,000 | ₹ 0 | ₹ 0 |
| 5 | ₹ 2,00,000 | ₹ 0 | ₹ 0 |
| 6 | ₹ 2,40,000 | ₹ 0 | ₹ 0 |
| 7 | ₹ 2,80,000 | ₹ 0 | ₹ 0 |
| 8 | ₹ 3,20,000 | ₹ 0 | ₹ 0 |
| 9 | ₹ 3,60,000 | ₹ 0 | ₹ 0 |
| 10 | ₹ 4,00,000 | ₹ 0 | ₹ 0 |
Important Note
- LIC bonuses are declared by the corporation and vary by policy and issue year.
- This calculator gives a planning estimate, not an official policy illustration.
- Money-back survival benefits are simplified here for quick comparison.
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Frequently Asked Questions
What does the LIC Plan Calculator estimate?
It estimates premium outgo, accrued bonus, maturity value, and expected returns for common LIC-style savings plans.
Is this an official LIC illustration?
No. It is a planning estimate only. Actual LIC payouts depend on the specific policy, issue year, and declared bonuses.
Can I use this for money-back policies?
Yes. The calculator includes a simplified money-back style estimate with periodic benefits and maturity value.
Should I verify the policy brochure separately?
Yes. Always confirm plan features, guarantees, riders, and bonus assumptions from the official brochure or LIC illustration.