Lic Limited Premium Endowment Calculator plan 830
LIC Limited Premium Endowment Policy 830, name itself indicates that this policy has an option of Limited Period premium payment. It provides a combined facility of protection and saving. This plan financially helps the family of policyholder if policyholder dies unfortunately before maturity (i.e., death benefit) or a lump sum amount on maturity if the policyholder survives (i.e., maturity benefit).
You can’t estimate how much will be covered as death benefit and maturity benefit for your desired Sum Assured. Here, in our website we provide Lic Limited Premium Endowment Calculator which is an easy way to calculate your premiums along with maturity benefits and death benefits. Lic Limited Endowment plan 830 Premium Calculator and Maturity Calculator provides you an easy way to illustrate the Maturity and Death Benefits as per your Age, Policy period, Sum Assured etc.
Lic Limited Premium Endowment Calculator (plan no 830) also gives you the details about Simple Reversion Bonus and Final Additional Bonus. So before buying LIC Limited Premium Endowment Policy 830, please refer Lic Limited Premium Endowment Maturity Calculator or Lic Limited Premium Endowment Calculator which gives you brief idea about Lic Limited Premium Endowment Policy.
Lic Limited Premium Endowment Calculator Parameters
These LIC Limited Premium Endowment Policy 830 parameters helps you to calculate the premium, maturity & death benefits. As per these conditions you can get the details in Lic Limited Premium Endowment Calculator.
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Lic Limited Premium Endowment Calculator
In Lic Limited Premium Endowment Calculator, to know the details like Premium amount, maturity value, surrender value, loan value and returns of the Policy, please fill the below required details. Lic Limited Premium Endowment Calculator takes few minutes to calculate and show you the complete and brief illustration.
Plan Presented By policydunia (www.policydunia.com)
Lic Limited Premium Endowment Policy Benefit illustration
| Name | VIJAY | Age | 20 | |
| Term: | 21 | Premium Payment Term: | 8 | |
| Sum Assured: | 300000 | Tabular Premium: 78.60 | ||
Lic Limited Premium Endowment Policy Premium Information
| Premium | without tax | Tax tax | with tax |
| Yearly Premium | 23693 | 732 | 24426 |
| Half-Yearly Premium | 11965 | 370 | 12334 |
| Quarterly Premium | 6041 | 187 | 6228 |
| Monthly Premium | 2014 | 62 | 2076 |
Lic Limited Premium Endowment Policy Medical Requirements
| Medical Requirements |
| NIL |
Lic Limited Premium Endowment Policy Benefit Illustration
| Age | Policy Year | Premium Paid | Tax Saving | Natural Death Coverage | Accident Death Coverage | Bonus | Cash Value | Loan value |
| 20 | 2014 | 23,693 | 23,693 | 389,400 | 689,400 | 14,400 | 0 | 0 |
| 21 | 2015 | 23,693 | 23,693 | 403,800 | 703,800 | 28,800 | 14,216 | 12,794 |
| 22 | 2016 | 23,693 | 23,693 | 418,200 | 718,200 | 43,200 | 28,236 | 25,412 |
| 23 | 2017 | 23,693 | 23,693 | 432,600 | 732,600 | 57,600 | 56,602 | 50,942 |
| 24 | 2018 | 23,693 | 23,693 | 447,000 | 747,000 | 72,000 | 71,473 | 64,325 |
| 25 | 2019 | 23,693 | 23,693 | 461,400 | 761,400 | 86,400 | 85,767 | 77,190 |
| 26 | 2020 | 23,693 | 23,693 | 475,800 | 775,800 | 100,800 | 101,070 | 90,963 |
| 27 | 2021 | 23,693 | 23,693 | 490,200 | 790,200 | 115,200 | 119,886 | 107,898 |
| 28 | 2022 | 0 | 0 | 504,600 | 804,600 | 129,600 | 139,798 | 125,818 |
| 29 | 2023 | 0 | 0 | 519,000 | 819,000 | 144,000 | 160,781 | 144,703 |
| 30 | 2024 | 0 | 0 | 533,400 | 833,400 | 158,400 | 182,879 | 164,591 |
| 31 | 2025 | 0 | 0 | 547,800 | 847,800 | 172,800 | 207,800 | 187,020 |
| 32 | 2026 | 0 | 0 | 562,200 | 862,200 | 187,200 | 232,232 | 209,009 |
| 33 | 2027 | 0 | 0 | 576,600 | 876,600 | 201,600 | 259,741 | 233,767 |
| 34 | 2028 | 0 | 0 | 591,000 | 891,000 | 216,000 | 288,663 | 259,797 |
| 35 | 2029 | 0 | 0 | 605,400 | 905,400 | 230,400 | 318,969 | 287,072 |
| 36 | 2030 | 0 | 0 | 619,800 | 919,800 | 244,800 | 350,656 | 315,591 |
| 37 | 2031 | 0 | 0 | 634,200 | 934,200 | 259,200 | 386,276 | 347,648 |
| 38 | 2032 | 0 | 0 | 648,600 | 948,600 | 273,600 | 423,607 | 381,246 |
| 39 | 2033 | 0 | 0 | 663,000 | 963,000 | 288,000 | 465,488 | 418,939 |
| 40 | 2034 | 0 | 0 | 677,400 | 977,400 | 302,400 | 503,882 | 453,494 |
Lic Limited Premium Endowment Policy Maturity Benefits
| Sum Assured | 300,000 |
| Bonus | 302,400 |
| Maturity Benefit (Total Amount) | 632,400 |
Note:* Information Provided above is calculated based on performance of the company previous years.
Here we are providing the Estimated Premiums. To calculate exact premiums, use LIC of India Premium Calculator available in its official website www.licindia.in.
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