Wednesday, December 15, 2021

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




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 Bonus
Yearly Bonus are the Bonus announced by LIC every year. Below is the last 5 year LIC Bonus declared on LIC Jeevan Anand
LIC Jeevan Anand Bonus Suppose you have taken an LIC Jeevan Anand policy having a Sum Assured of Rs 5,00,000 ( 5 Lakh)
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
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55 comments:

  1. AnonymousAugust 20, 2013 at 5:37 PM

    Thank you very much., clear explanation

    ReplyDelete
  2. UnknownAugust 30, 2013 at 11:23 PM

    superb

    ReplyDelete
  3. AnonymousSeptember 16, 2013 at 7:17 PM

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

    ReplyDelete
  4. AnonymousNovember 12, 2013 at 2:04 AM

    Please 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?

    ReplyDelete
  5. AnonymousNovember 13, 2013 at 9:38 AM

    very clear

    ReplyDelete
  6. AnonymousDecember 11, 2013 at 5:36 AM

    Please 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?

    ReplyDelete
  7. AnonymousMarch 14, 2014 at 11:22 PM

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

    ReplyDelete
  8. AnonymousMarch 28, 2014 at 1:11 PM

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

    ReplyDelete
  9. AnonymousMarch 28, 2014 at 1:14 PM

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

    ReplyDelete
  10. AnonymousApril 2, 2014 at 6:23 AM

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

    ReplyDelete
  11. AnonymousApril 2, 2014 at 6:28 AM

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

    ReplyDelete
  12. UnknownApril 20, 2014 at 8:25 PM

    Hi,
    I am taking Jeevan Anand for 20 years with 500000 sum assured.
    I have been told a monthly installment of 2440/-
    Please let me know what would be the amount after maturity.

    ReplyDelete
    Replies
    1. vrajeshAugust 30, 2014 at 3:33 AM

      you will be get 1300000 after maturaity and than after if you surrender the policy you can get a 500000 again


      thanks,
      vrajesh
      9033009562

      Delete
  13. AnonymousMay 20, 2014 at 12:36 PM

    I have Jeevan Anand policy for Sum Assured of Rs 10lakh and paying yearly premium of Rs 33583. The policy is for 27 years.
    So now what will be my final payout adding FAB and loyalty bonus
    Also, If I surrender my extra extended sum assured of Rs 10lakh which is normally for either 100yr/death at time of real policy maturirty date than what will be the amount I will get at that time.

    Let's see who give the best answer to this one????

    Kindly reply with full detail on ayush.0012@gmail.com

    ReplyDelete
  14. AnonymousJune 3, 2014 at 1:46 PM

    Hi,
    I am taking Jeevan Anand for 18 years with 100000 sum assured.
    I have been told a quaterly installment of 1571/-
    Please let me know what would be the amount after maturity

    ReplyDelete
  15. AnonymousJune 27, 2014 at 4:07 PM

    FAB is how much calculate in policy?

    ReplyDelete
  16. AnonymousJuly 9, 2014 at 5:00 PM

    In simplest way you can calculate as Sum Assured*Bonus/1000*no. of year
    500000*46/1000*25=Bonus Amt.

    ReplyDelete
  17. arunJuly 13, 2014 at 11:37 AM

    what will be the maturity value for sum assued value of 200000 for 20 yrs

    ReplyDelete
  18. AnonymousJuly 17, 2014 at 4:12 PM

    I have Jeevan Anand policy for
    Sum Assured of Rs 400000
    TERMS:17 years
    Please let me know how much i will get on the maturirty

    ReplyDelete
    Replies
    1. UnknownAugust 20, 2014 at 9:05 PM

      Dear you will get on maturity a sum of Rs. 692400/- approx.

      Delete
  19. UnknownAugust 9, 2014 at 7:11 PM

    Really helpful blog and very good explanation on maturity value calculation.

    ReplyDelete
  20. UnknownSeptember 11, 2014 at 2:18 AM

    Hi,
    I am taking Jeevan Anand for 20 years with 500000 sum assured.
    I have been told a quarterly installment of 5331/-
    Please let me know what would be the amount after maturity.

    ReplyDelete
  21. Dileep ShettySeptember 11, 2014 at 2:44 PM

    HI ,
    I have taken Jeevan Anand for 21 years with 250000 sum assured.
    My premium amount is 3322/- quarterly.
    Please let me know what would be the amount after maturity.

    ReplyDelete
  22. AnonymousSeptember 15, 2014 at 3:16 PM

    Maturity amount of Jeevan Anand Policy of Rs.10,00,000/- for 20 years.

    ReplyDelete
  23. AnonymousSeptember 15, 2014 at 6:52 PM

    What will be the maturity value for 13,00,000 sum assured for 20 Yrs ?

    ReplyDelete
  24. AnonymousSeptember 21, 2014 at 12:43 PM

    Hi,
    I have taken Jeevan Anand for 21 years with 800000 sum assured.
    I have been told a yearly installment of 39932/-
    Please let me know what would be the amount after maturity.
    drop me a mail at ishanbhat.1988@gmail.com

    ReplyDelete
  25. UnknownSeptember 22, 2014 at 2:24 PM

    Hi,
    I have taken New Jeevan Anand for 16 years with 250000 sum assured.
    I have to give 10218 /- as half yearly premium.
    Please let me know what would be the amount after maturity under this plan, hoe do it calculate.

    ReplyDelete
    Replies
    1. AnonymousSeptember 29, 2014 at 3:24 PM

      Your total amount will be 2,50,000 + 200000 + fab

      Delete
  26. UnknownOctober 9, 2014 at 2:25 PM

    Hi
    I have taken New Jeevan Anand for 20 years with 200000 sum assured.
    I have to give 11702 /- as yearly premium.
    Please let me know what would be the amount after maturity under this plan,

    ReplyDelete
  27. AnonymousOctober 13, 2014 at 12:47 PM

    I have just taken a jeevan anand policy , premium is 166300 yearly for 20 yrs , what will be the maturity benefit

    ReplyDelete
  28. RishabhNovember 4, 2014 at 1:21 PM

    Hi
    I have taken New Jeevan Anand for 30 years with 150000 sum assured.
    I have to give 47000 /- as yearly premium.
    Please let me know what would be the amount after maturity under this plan, along with the FAB calculation details

    ReplyDelete
  29. AnonymousNovember 6, 2014 at 3:47 PM

    I have taken New Jeevan Anand for 30 years with 150000 sum assured.
    Please let me know what would be the amount after maturity under this plan, along with the FAB calculation details

    ReplyDelete
  30. AnonymousNovember 6, 2014 at 3:49 PM

    Hi
    I have taken New Jeevan Anand on 06-nov-2014 for 35 years with 150000 sum assured.
    age - 24/09/2987

    Please let me know what would be the amount after maturity under this plan, along with the FAB calculation details

    ReplyDelete
    Replies
    1. UnknownNovember 6, 2014 at 4:22 PM

      This comment has been removed by the author.

      Delete
    2. UnknownNovember 6, 2014 at 4:24 PM

      This comment has been removed by the author.

      Delete
  31. AnonymousNovember 6, 2014 at 5:37 PM

    Taken New jeevan anand 815 for 35 years with 15 lakh sum assured.
    Age - 27
    what would like to know the maturity under this plan including all bonus and FAB

    ReplyDelete
  32. AnonymousNovember 8, 2014 at 8:56 PM

    Taken Jeevan Anand (with profit & accident benefit) 149 for 22 years 500000 sum assured.
    what would be the maturity amount?

    ReplyDelete
  33. AnonymousNovember 10, 2014 at 9:44 AM

    Hello,

    I have been paying 39,299 per Annum premium for 17 years with Sum Assured Rs 6,00,000/-,

    Can you please let me know, how much i could get after 17 years(Muturity) time pls ?

    ReplyDelete
  34. vishal sharmaNovember 14, 2014 at 5:45 PM

    Hi,

    i have taken Jeevan Anand policy and paying 7076/ yearly premium for 16 Years.

    Please let me know how much i will get at the time of maturity after 16 years?

    ReplyDelete
  35. Prof. Dr. S.R.AMEERKHAN BABU., MD(HOM)Prac.of Med., MBANovember 17, 2014 at 11:57 AM

    Hi,

    i have taken Jeevan Anand policy of 1000000 for 16 Years. Its going to be end by next year, i dont want Lifetime risk cover, how to cancel it?, if possible to cancel can i get any additional amount in maturity.

    ReplyDelete
  36. AnonymousNovember 20, 2014 at 11:20 AM

    respected sir, i have take Jeevand Anand for 15yrs. with 36000 per annum perimium. what would be my maturity Total Amt. SA+YB+FAB=? pl. guide

    ReplyDelete
  37. Vijay ThakurDecember 7, 2014 at 1:33 PM

    Hello Sir, I have taken Jeevan Anand policy for 15 years and with annualy premium of 21249 so please let me know how much total amount i will be getting on the maturity of the policy.

    ReplyDelete
  38. UnknownDecember 9, 2014 at 2:34 PM

    Hi Gentlemans..Please let me know the maturity amount including all bonus and FAB
    sum assured-10,00,000
    Plan 149(Jeevan Anand)
    Policy Term 70
    Premium Paying Term-16years
    Premium 70,763 yearly

    ReplyDelete
  39. AnonymousDecember 31, 2014 at 12:31 AM

    Maturity benifit will be that you will die paying premiums, the nominee will enjoy the cash amount.. Simple

    ReplyDelete
  40. Gurunath royalJanuary 8, 2015 at 2:08 PM

    Hello All,
    Please find the policy details and let me know the amount i get after maturity including all bonuses

    sum assured-500000
    Plan 149(Jeevan Anand)
    Policy Term 70
    Premium Paying Term-18years
    Premium : 30290 yearly.

    Please reply what will be the total amount i get back after maturity.

    ReplyDelete
  41. AnonymousJanuary 21, 2015 at 10:52 AM

    i have taken a jeevan anand plan of 5,00,000 sum asuured and i am paying 27,000 aprox per year how much i am going to get after maturity i.e 20 years

    ReplyDelete
  42. AbhisekJanuary 30, 2015 at 1:46 PM

    Please find the policy details and let me know the amount i get after maturity including all bonuses

    sum assured: me & my wife(230000+230000)=460000
    Plan 149(Jeevan Anand)
    Premium Paying Term- 20 years
    Premium : 6600 Quarterly.

    ReplyDelete
  43. UnknownFebruary 9, 2015 at 10:38 PM

    Hi,

    Please find the policy details and let me know the amount I get after maturity including all bonuses

    sum assured: 3,00,000
    Plan 149 (Jeevan Anand)
    Premium Paying Term- 15 years
    Premium: 5786 Quarterly.

    Thanks

    ReplyDelete
  44. AnonymousMarch 17, 2015 at 12:19 PM

    I have taken jeevan anand plan of 1500000 plus 1 year risk cover for 15 years and i am paying
    104000 per year. Can you please tell me the maturity amount of my policy.

    ReplyDelete
  45. AnonymousFebruary 4, 2016 at 11:59 AM

    Dear sir my jeevan anand 149 yearly mode maturity as on 14/02/2016 but i could not premium paid in 14/02/2016. Plz tell me that whole life risk is avialable or not avialable. With many thanks.

    ReplyDelete
  46. UnknownFebruary 23, 2016 at 12:48 AM

    Hai
    Iam taking Jeevan Anand for 10years 02/2006 with 200000 sum assured l have been told a half yearly installment 10750 please let me know what would be the amount after maturity

    ReplyDelete
  47. UnknownFebruary 23, 2016 at 12:52 AM

    Hai
    Iam taking Jeevan Anand for 10years 02/2006 with 200000 sum assured l have been told a half yearly installment 10750 please let me know what would be the amount after maturity

    ReplyDelete
  48. UnknownMarch 8, 2016 at 12:31 PM

    Please find the policy details and let me know the amount i get after maturity including all bonuses

    sum assured: me =300000
    Plan 149(Jeevan Anand)
    Premium Paying Term- 24 years
    Premium : 3071 Quarterly. year of purchase -2004

    ReplyDelete
  49. UnknownMarch 8, 2016 at 4:56 PM

    Hi ji,
    Please find the policy details and let me know the amount i get after maturity including all bonuses.
    sum assured: 2,15,000
    Plan 149 (Jeevan Anand)
    Premium Paying Term- 20 years
    Premium: 5903 halfy.

    ReplyDelete
  50. AnonymousMay 16, 2016 at 8:16 PM

    Hi,
    I have taken Jeevan Anand for 21 years with 300000 sum assured.
    I have been told a Quaterly installment of 3956/-
    Please let me know what would be the amount after maturity.


    Thanks,
    Pallavi

    ReplyDelete

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