Life Insurance (LIC)

Premium & Maturity Calculator

Pick a plan, enter your age, cover amount and term to see an approximate premium, accrued bonus and maturity value. Figures are illustrative — contact us for an exact, official quote.

LIC Plan

Eligible age for this plan: 8–50 years

Age30 years

Sum Assured₹10,00,000

Policy Term20 years

Annual Premium

Assumed Bonus Rate₹45 / ₹1,000 SA / year

Include approx. Final Addition Bonus (typically only on plans with a term over 15 years)

Assumed Final Addition Bonus Rate₹10 / ₹1,000 SA / year

Estimated Annual Premium₹59,360

Total Premium Paid (over term)₹11,87,200

Approx. Accrued Bonus₹9,50,000

Approx. Maturity Value₹19,50,000

Approx. Net Gain₹7,62,800

Endowment plans pay the Sum Assured plus accrued bonus as a lump sum on maturity, or the Sum Assured plus bonus to the nominee on earlier death.

Get an Exact Quote

This calculator gives an approximate, illustrative estimate only, built from simplified assumptions for premium, bonus, fund growth and annuity rates — it is not LIC's official premium quotation or benefit illustration. Actual premium, bonus rates, charges and benefits depend on LIC's official tariff, medical underwriting, the exact plan option and riders chosen, and the rates in force at the time of purchase. Please contact us for an exact, official quote before making any decision. This is not insurance, investment or financial advice.

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