# Jeevan Anand (149) Paid-up Value Calculator

Jeevan Anand (149) paid-up value depends upon Sum Assured & number of paid premiums and accumulated bonus during the period when policy was in force. Following calculator helps to calculate approx. paid-up value as per your sum assured and paid premiums. Please note, It is not official calculator of LIC.

## Paid-up Value in LIC Jeevan Anand (Table-149)

LIC Jeevan Anand (149) becomes eligible for Paid-Up value if premium for first 3 years have been completely paid and policy holder chooses not to pay any further premium. Paid-up value is sum of **Paid-up Sum Assured** + **Accumulated Bonus** for years which premiums have been paid successfully. Paid-up sum assured is sum assured factored by a **ratio** of **number of premiums paid** to **total number of premiums to be paid**. For example, if sum assured is 1,00,000 and term is 10 year and all premium for first 5 years have been paid, then paid-up sum assured will be (1,00,000) x (5/10) = 50,000.

Following table provides an example of Paid value details of a policy with Sum Assured: 3,00,000, Term: 21 years, Purchased Year: 2012 and premiums for first 7 policy years (2012-2018) have been paid successfully and remaining premiums are not paid.

Paid-up value details | |
---|---|

Sum Assured | 300000 |

Premium Paid | 7 out of 21 years |

Paid-up Sum Assured | 100000 |

Accured Bonus (Approx.) | 102300 |

Paid-value at completion of term (2033) (Approx.) | 202300 |

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