Is this the official LIC maturity figure?

No. This is an independent estimation tool and is not affiliated with LIC. The actual maturity depends on the specific plan and the bonuses declared each year.

Are the bonuses guaranteed?

No. Reversionary and final additional bonuses are declared at the insurer's discretion each year and may differ from historical averages.

How is sum assured derived from premium?

We use a default multiplier of about 18 times the annual premium, editable in brand-settings. Actual SA depends on the plan, age and term.

Does the calculator include tax?

No. Endowment maturity proceeds are typically tax-free under Section 10(10D) subject to conditions; please confirm the current rules with a qualified advisor.

LIC Maturity Calculator

Estimate the maturity value of an LIC-style endowment policy from premium, term, and bonus.

Inputs

Annual premium

INR

Policy term (years)

yrs

Expected bonus (₹ per ₹1,000 SA per year)

Reversionary bonus assumption — historically ₹40–50 for major endowment plans.

Result

Estimated Maturity Value

₹900,000.00

After 20 years

Total Premium Paid₹500,000.00

Estimated Sum Assured₹450,000.00

Estimated Bonus₹450,000.00

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Formula

Maturity = SA + (SA × bonus/1000 × term) + finalAdditionalBonus

How it works

A free, independent estimator for the maturity value of an endowment-style life insurance policy. It is not affiliated with LIC of India and uses configurable bonus and sum-assured assumptions.

Example

Example: A ₹25,000 annual premium for 20 years at a ₹45 per ₹1,000 SA bonus gives an indicative maturity well above total premium paid — a useful order-of-magnitude check.

Frequently Asked Questions

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Disclaimer: This calculator is an independent estimation tool and is not affiliated with, endorsed by, or operated by the respective company. Actual returns, premiums, interest rates, benefits, and product features may vary. Results are estimates for informational purposes only and should not be considered financial, medical, legal, or professional advice.