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Single Premium Endowment Plan (817) Maturity Calculator

Maturity Calculator for LIC Single Premium Endowment Plan (Table No: 817) calculates maturity as per your Sum Assured and Policy Term. It uses year-wise bonus rate for years for which the bonus has been declared and latest bonus rate for years against which bonus will be declared in future.

Related Calculator: LIC Single Premium Endowment Plan (917) Maturity Calculator [Modified Plan]

SINGLE PREMIUM ENDOWMENT PLAN (817)

On survival, that is completion of policy term (15 years ), Maturity will be as under.

MATURITY DETAILS
Maturity Year2035
Age at Maturity47
Sum Assured (A)100000
Bonus (Approx) (B)59000
Total Maturity (A+B)159000
DEATH CLAIM DETAILS

In case of death during policy term (Before 15 years), Sum Assured + Bonus acrued till the time of death + Final Additional Bonus (if any) will be paid to nominee as Normal death claim. In case of accidental death (if Accidental Rider is opted for), additional amount equal to Sum Assured along with Normal Death claim will also be paid to nominee. Policy year-wise and Age-wise Normal Life Covers and Accidental Life Covers are illustrated in the following table.

Year Age Normal Life Cover (Approx) Accidental Life Cover (Approx) Return (Approx)
2021 33 103800 203800 --
2022 34 107600 207600 --
2023 35 111400 211400 --
2024 36 115200 215200 --
2025 37 119000 219000 --
2026 38 122800 222800 --
2027 39 126600 226600 --
2028 40 130400 230400 --
2029 41 134200 234200 --
2030 42 138000 238000 --
2031 43 141800 241800 --
2032 44 145600 245600 --
2033 45 149400 249400 --
2034 46 153200 253200 --
2035 47 159000 259000 --
2035 47 Maturity 159000

Comments & Reviews (17)

Wrote :

10-04-2022 14:05:18

Last 6 months back the maturity value 345000 now 205000 variance difference length of period why

Wrote :

14-04-2022 23:45:53

Actually, calculators are being updated to provide more and clearer info to users. We are sorry to inform you that there was some calculation error in updated version and it has been fixed now, please try calculating again.

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Wrote :

21-06-2020 17:25:17

817 endowment single investment plan is still exists? pls send calculator.

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Wrote :

16-06-2020 17:30:07

This plan still exist??

Wrote :

18-06-2020 22:20:04

Yes, it has been modified w.e.f 01-02-2020, Please visit below link to know more about this plan.
Single Premium Endowment Plan (917)

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Wrote :

14-04-2020 20:26:12

Thanks for your information. I will check.

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Wrote :

13-04-2020 06:12:25

I am interested to take LIC endowment plan 933 for 25 Lakhs, term is 25 years (my age is 40yers) When we calculated here showing 117231 rupees of first premium installment (including tax)but if we apply through agent payment is different amount 120519/-(3288 rupees more than normal) all premium same.
May I know the reason why this much amount difference
Thanks

Wrote :

13-04-2020 09:04:40

Please make sure you are calculating premium with Accidental Death and Disability Rider. If you have got receipt of same amount from LIC, then it is absolutely fine. But it seems like the difference is because of inclusion or exclusion of rider(s).

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Wrote :

24-09-2019 15:49:41

My age 32.what will premium amount if I want sum assured 335000/ policy for 10 years.

Wrote :

24-09-2019 18:11:30

Premium will as per following table.

PremiumGSTTotal
2,43,93010,977 2,54,907
Single Premium Endowment Plan (817) Premium Calculator

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Wrote :

27-12-2018 23:08:09

Sir, if I am paying 2.06l as premium for my 5 year old nephew and after 13 years i get 4.59lac as maturity amount. do i have to pay tax for 4.59l or for the difference in amount ?

Wrote :

28-12-2018 00:21:20

As per section 10(10D), If your premium is less than 1/10th of basic sum assured, then your maturity will be tax free.

Wrote :

26-02-2019 20:44:41

40000 one time payment

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Wrote :

27-12-2018 20:38:00

Divided Yearly Premium of 10lakh insurance???

Wrote :

28-12-2018 00:24:07

It is a single premium plan, you are required to pay premium once.
Go to : Premium Calculator.

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Wrote :

21-12-2018 12:47:57

Sir, 817 plan I want to purchase in LIC.for 18 years. Maturity amount should be tax-free? My age 20years

Wrote :

21-12-2018 23:58:37

Corrected reply:
Maturity will be taxable, the tax free maturity is available in a plan, if annualized premium is less than 1/10th of the basic sum assured. But death claim will be tax free.

Wrote :

25-12-2018 09:32:57

Sir. Aap keh rhe hain maturity amount tax free hai lekin feature details mein bta rhe hain k tax lagega. Pls clear

Wrote :

26-12-2018 00:33:39

Maturity will be taxable. Please read below comments.

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Wrote :

02-10-2018 10:51:05

sir whats my premium Amount ?

Wrote :

05-10-2018 22:38:13

What are your plan name, sum assured, agar at purchase and policy term?

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Wrote :

30-08-2018 17:42:56

Sir I want ,what was my premium at 120000 sum assured.

Wrote :

31-08-2018 19:44:02

What is your age?

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Wrote :

24-08-2018 18:12:27

In plan 817, 100000 sum assured,.what was the FD amount ?

Wrote :

28-08-2018 20:08:46

Sir, It is not a Fixed Deposit (FD) Plan.

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Wrote :

16-08-2018 17:06:19

Hi sir Can you pl provide comparison of SBI life pension plan to that of LIC pension plan of 817 Planning for good investment in LIC

Wrote :

18-08-2018 19:58:04

We try to compare both the plans and let you know.

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Wrote :

24-03-2018 23:56:39

I was told max age is 65 yrs for taking plan 817 but here in calculator maturity 50 is maximum plse clarify agent is cct Max 65 yrs can take policy this

Wrote :

25-03-2018 00:19:20

Maximum age for this policy is 65, it was mistakenly written 55.

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Wrote :

12-02-2018 09:49:36

Cant select current age less than 18 ! why ? Have purchased this plan for my grand daughter when she was 3 years. But had to select the minimum age given in the list, ie 18 years.

Wrote :

12-02-2018 10:43:57

It is because a minor cannot have such account or facility.

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Wrote :

20-08-2017 23:59:53

Sir I want to know that for getting sum assured Rs 150000 how much premium I have to pay for life endowment policy 817....And whether this policy is applicable for 12 year

Wrote :

21-08-2017 10:58:01

Yes, this policy is available with 12 year term. Please use Premium Calculator to calculate premium yourself.

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Wrote :

26-04-2017 22:47:29

good plan

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