## How to calculate final Maturity value of LIC Jeevan Anand Policy?

In LIC Jeevan Anand policy Final Maturity Value is Sum Assured+ Yearly Bonus+Final Additional BonusYearly Bonus are the Bonus announced by LIC every year. Below is the last 5 year LIC Bonus declared on LIC Jeevan Anand

for a period of 25 years. then your final maturity value will be sum of

**Yearly Bonus**: Avg rate of 46 per 1000 Sum Assured ( Based on Last 5 years) will generate a bonus of Rs 23,000 per year. For a period of 25 years this value will be 23,000*25= Rs 5,75,000

**Final Additional Bonus:**Final Additional Bonus is payable on maturity, discounted claim or in case of death claim provided policy is in full force and premiums have been paid/ recovered for 15 years or more.

LIC Jeevan Anand Maturity Value will be Rs 5,00,000 (S.A) + Rs 5,75,000(Yearly Bonus) + FAB of the year of the policy

Thank you very much., clear explanation

ReplyDeletesuperb

ReplyDeleteHi..in this by "year of the policy" what do u mean..year in which policy was purchased or the year of maturity.. Please clarify.

ReplyDeletePlease clarify, so for the example above I would have paid the premium for every year for the 5lakh insurance for 25 years. Will I get this money in addition to the Sum Assured + Yearly Bonus + FAB?

ReplyDeletevery clear

ReplyDeletePlease clarify, so for the example above I would have paid the premium for every year for the 5lakh insurance for 25 years. Will I get this money in addition to the Sum Assured + Yearly Bonus + FAB?

ReplyDeletePls clarify how much amount could I get after paying 1460/ premium per month for 25 yrs. Pls help to claculate & dothe needful

ReplyDeleteplease clearify how much amount could i get after paying 61697 premium per month for 20 years.

ReplyDeletePls clarify how much amount could I get after paying 61697premium per month for 20 years.

ReplyDeleteYou will get the Bonus and final addition bonus only on the maturity not every year.

ReplyDeleteYou will get 500000+1542425+ bonus it will declared on the maturity.

ReplyDelete