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Home » Blog » Life Insurance » Lic New Endowment Plan Premium Calculator

Lic New Endowment Plan Premium Calculator

April 1, 2016 By policydunia

3.5/5 - (13 votes)

Lic New Endowment Plan Premium Calculator

About Lic New Endowment Plan Premium Calculator

Lic New Endowment Policy Plan no 814 was introduced on 3rd January 2014. Lic New Endowment Policy 814 is an endowment policy where sum assured along with Vested simple reversionary bonus and Final additional bonus will be paid to the policyholder, at the end of the policy term. It provides optional benefit, Accidental Death and Disability Benefit Rider by payment of additional premium.

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 New Endowment Plan Premium Calculator which is an easy way to calculate your premiums along with maturity benefits and death benefits. Lic New Endowment plan 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 New Endowment Plan Premium Calculator (plan no 814) also gives you the details about Simple Reversionary Bonus and  Final Additional Bonus. So before buying Lic New Endowment Plan 814, please refer Lic New Endowment Plan 814 Premium and Maturity Calculator or Lic New Endowment Plan 814 Calculator which gives you brief idea about Lic New Endowment Plan 814.

Lic New Endowment Plan Premium Calculator Parameters

These Lic New Endowment Plan no 814 parameters helps you to calculate the premium, maturity & death benefits. As per these conditions you can get the details in Lic New Endowment Plan Premium Calculator.

Entry age:
  • Minimum: 8 years (completed)
  • Maximum: 55 years (nearest birthday)
Maximum Maturity age:
  • 75 years (nearest birthday)
Policy term:
  • Minimum: 12 years
  • Maximum: 35 years
Premium Payment mode:
  • Yearly, Half-yearly, Quarterly or Monthly mode (through ECS only or through salary deductions)
Sum Assured:
  • Minimum: Rs.1,00,000/-
  • Maximum: No limit.
  • Sum Assured shall be in multiples of Rs. 5000/-

Lic New Endowment Plan Premium Calculator

In Lic New Endowment Plan Premium Calculator you can know the details like Premium amount, maturity value, surrender value, loan value and returns of the Policy. Please fill the below-required details in Lic New Endowment Plan Premium Calculator. This Lic New Endowment plan Premium Calculator takes few minutes to calculate and show you the complete and brief illustration.

Name
Email ID
Mobile No
Age
Term
Sum Assured

Plan Presented By policydunia (www.policydunia.com)

Lic New Endowment Policy Benefit illustration

Customer Details
Name VIJAY      Age 20
Term: 21      Sum Assured: 300000
Tabular Premium: 48.55

Lic New Endowment Policy Premium
Premium without tax Tax tax with tax
Yearly Premium 13974 432 14405
Half-Yearly Premium 7060 218 7278
Quarterly Premium 4755 147 4902
Monthly Premium 1189 37 1225

Lic New Endowment Policy Benefit Illustration
Age Policy Year Premium Paid Tax Saving Natural Death Coverage Accident Death Coverage Bonus Cash Value Loan value
20 2014 13,974 13,974 389,400 689,400 14,400 0 0
21 2015 13,974 13,974 403,800 703,800 28,800 0 0
22 2016 13,974 13,974 418,200 718,200 43,200 19,445 17,501
23 2017 13,974 13,974 432,600 732,600 57,600 37,279 33,551
24 2018 13,974 13,974 447,000 747,000 72,000 46,815 42,134
25 2019 13,974 13,974 461,400 761,400 86,400 56,610 50,949
26 2020 13,974 13,974 475,800 775,800 100,800 66,549 59,894
27 2021 13,974 13,974 490,200 790,200 115,200 78,627 70,764
28 2022 13,974 13,974 504,600 804,600 129,600 91,478 82,330
29 2023 13,974 13,974 519,000 819,000 144,000 105,144 94,630
30 2024 13,974 13,974 533,400 833,400 158,400 119,669 107,702
31 2025 13,974 13,974 547,800 847,800 172,800 135,269 121,742
32 2026 13,974 13,974 562,200 862,200 187,200 151,656 136,490
33 2027 13,974 13,974 576,600 876,600 201,600 169,434 152,490
34 2028 13,974 13,974 591,000 891,000 216,000 188,301 169,471
35 2029 13,974 13,974 605,400 905,400 230,400 208,531 187,678
36 2030 13,974 13,974 619,800 919,800 244,800 230,456 207,410
37 2031 13,974 13,974 634,200 934,200 259,200 254,204 228,783
38 2032 13,974 13,974 648,600 948,600 273,600 279,905 251,914
39 2033 13,974 13,974 663,000 963,000 288,000 309,984 278,986
40 2034 13,974 13,974 677,400 977,400 302,400 340,603 306,543

Lic New Endowment Policy
Maturity Benefits
Maturity Benefit 632,400

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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Filed Under: Life Insurance, Life Insurance Corporation of India

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