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LIC Maturity Calculator

LIC Maturity Calculator

Calculate the maturity value of your Life Insurance Corporation (LIC) policies including bonus amounts and effective returns.

LIC Policy Maturity Calculator

Enter your policy details to calculate the maturity value

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Typical bonus rates range from 4% to 6%

About LIC Maturity Calculator

This calculator helps you estimate the maturity value of different types of Life Insurance Corporation (LIC) policies. The calculations are based on the premium amount, policy term, payment frequency, and applicable bonus rates.

Policy Types:

  • Endowment Plan: Provides both insurance coverage and savings. It pays a lump sum upon maturity or death.
  • Money Back Policy: Offers periodic payments during the term along with a maturity benefit.
  • ULIP (Unit Linked Insurance Plan): Investment-*****-insurance plan where your money is invested in market-linked funds.
  • Term Insurance: Pure insurance coverage with no maturity benefits if the policyholder survives the term.

Disclaimer: This calculator provides estimates based on the information you provide. Actual maturity values may vary based on LIC's declared bonus rates and other terms and conditions. Please consult an LIC agent or financial advisor for accurate information.

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