# What is the maturity amount of LIC New Jeevan Anand 815?

## What is the maturity amount of LIC New Jeevan Anand 815?

LIC Premium Calculator New Jeevan Anand (Table-815)

Maturity Break-up
Sum Assured (A) 500000
Accumulated Bonus (Approx) (B) 514500
Final Addition Bonus (FAB) (Approx) (C) 75000
Matruity (Approx) (A+B+C) 1089500

How is maturity value of LIC Jeevan Anand calculated?

Based on the age of the insured, sum assured and the policy term selected, the premium is determined. Maturity benefit would be equal to the Sum Assured + Bonus Amounts which have been received throughout the policy term + any Final Addition Bonus if declared.

What is Plan 815 in LIC?

New Jeevan Anand (Table No: 815) is one of the most sold endowment plans of LIC, which provides Risk Cover even after maturity for lifetime. Accidental Death and Disability Benefit Rider makes this plan more beneficial as it provides additional amount equal to basic sum assured in case of death.

### Is Jeevan Anand 815 a good policy?

It is the best policy in terms of Life Insurance . Yes, Good choice! LIC Jeevan Anand is one of the best policy, which is whole life insurance. Where you get returns + life cover for life time.

What is the bonus rate of Jeevan Anand?

New Jeevan Anand Plan (815 & 915) Bonus Rate

Year New Jeevan Anand Plan (815/915) Bonus (per 1000 of SA)
Term 15 Years Plan
2018 41 815
2019 41 815
2020 38 815/915

How is policy maturity amount calculated?

How is Maturity Calculated? The exact Maturity Value cannot be calculated but one can calculate a close estimate of the value to get an idea of the benefit at the end of the term. The basic format is Sum Assured + Bonuses + Final Additional Bonus (if declared).

## What is date of maturity in Jeevan Anand?

Example 2: Suppose Rohan, who is 25 years old, buys a Jeevan Anand policy in the year 2019 for 25 years (Policy Term)….LIC New Jeevan Anand Premium Illustrations.

Year of Maturity 2044
Age at Maturity 50 years
Sum Assured Rs. 5 lakhs
Bonus Additions Rs. 8 lakhs (approx)
Total Amount Payable Rs. 13 lakhs

How can I check my LIC Jeevan Anand bonus?

You can use this to calculate the LIC New Jeevan Suraksha-I Plan Maturity Value. The vested simple reversionary bonus rates are per 1,000 Sum Assured….Simple Reversionary Bonus.

Year Policy Term (in years) Bonus Rate
2018-2019 11 to 15 41
16 to 20 45
> 20 49
2017-2018 5 38

How is Jeevan Anand premium calculated?

Premium can be easily calculated using the LIC Jeevan Anand Calculator. Let’s assume, LIC declares a simple reversionary bonus of 50 per 1,000 sum assured and a final additional bonus of 15 per 1,000 sum assured. This means annual simple reversionary bonus will be 50/1,000 (10, 00,000) = 50,000.

### What is the maturity period of LIC Jeevan Anand?

Example 2: Suppose Rohan, who is 25 years old, buys a Jeevan Anand policy in the year 2019 for 25 years (Policy Term). His annual premium would be Rs….LIC New Jeevan Anand Premium Illustrations.

Year of Maturity 2044
Age at Maturity 50 years
Sum Assured Rs. 5 lakhs
Bonus Additions Rs. 8 lakhs (approx)

How LIC maturity is calculated?

How do I know my LIC bonus?

If your LIC policy has lapsed, one need to send SMS in the format ‘ASKLIC REVIVAL’ at 56677. To know about the LIC policy bonus, the LIC policyholder needs to send the SMS in the format ‘ASKLIC BONUS’ on the same number.

## What is maturity calculator for LIC’s New Jeevan Anand (Plan No 815)?

Maturity Calculator for LIC’s New Jeevan Anand (Plan No: 815) provides easy way to calculate maturity amount and illustrate Age-wise and Year-wise risk cover amounts. It uses year-wise bonus rate for years for which the bonus has been declared and latest bonus rate for years which bonus will be declared in future.

What is Jeevan Anand 815 – calculator?

New Jeevan Anand 815 – Calculator is a powerful online tool to get a comprehensive idea on premium, maturity and insurance coverage benefits, in a simple and user-friendly manner. Riders such as Critical Illness Benefit Rider (CIR), and Accident and Disability Benefit (DAB) has been incorporated into this calculator.

How to find out the interest rate of LIC Jeevan Anand?

Read more : Bonus rates declared by LIC for the year 2018-19. The best method to find out the interest rate offered by an insurance plan is to calculate the Internal Rate of Returns (IRR) it offers. Jeevan Anand is an insurance product and hence naturally there will be loading for providing the insurance benefits.

### What is matmaturity benefit in Jeevan Anand plan?

Maturity benefit is available after the completion of the premium paying term which is 25 years in this case. Latest bonus rate declared for Jeevan Anand Plan is Rs.49 per 1000 sum assured. Latest final addition bonus rate applicable for the 25-year term policy is Rs 450 per 1000 Sum Assured.