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 Assured300000
Premium Paid7 out of 21 years
Paid-up Sum Assured100000
Accured Bonus (Approx.)102300
Paid-value at completion of term (2033) (Approx.)202300

Comments & Reviews (7)

Wrote :

05-10-2018 12:57:51

I have a LIC jeevan anand (table 149) policy. As per lic online service my policy date of start 28/12/2013 term 20 year premium 60400/-yearly ,last payment date 28/12/2032 and maturity date is shows 28/10/2085. Policy term is 74 years so kindly clarify me that after completion of my 20 years will i get full amount or as a pension till maturity Bcoz agent tell me that u will get as a pension in this plan yearly basis till maturity plz help

Wrote :

05-10-2018 21:47:17

Maturity will happen after 20 years and this plan will provide one time maturity, but you can buy available pension plan at that time with your maturity amount to receive pension (this is what he should have informed).

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Wrote :

02-10-2018 11:17:40

I have jeevna Anand policy with SA 1200000 for 25 years paying term n maturity term is 73 years n I have purchased it in 2013 November and I’m thinking stop the policy in november of 2018. Hw much surrender value n paid up value I will get ?

Wrote :

02-10-2018 17:06:46

Approximately half of total paid premiums.

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Wrote :

30-09-2018 23:39:52

I have a LIC jeevan anand (table 149) policy. As per lic online service my policy date of start 28/12/2011 term 15 year premium 37686/- ,last payment date 28/12/2025 and maturity date is shows 28/10/2085. Policy term is 74 years so kindly clarify me that after completion of my 15 years will i get any amount or at the end of term only I'll get the amount. Q2) can I change the nominee? If yes guide me.

Wrote :

02-10-2018 15:43:08

Maturity will happen after 15 years in your case. Yes you can change nominees.

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Wrote :

10-09-2018 19:28:56

Sum Assured 1500000 Premium Paid 6 out of 20 years Paid-up Sum Assured 450000 Accured Bonus (Approx.) 403500 Paid-value at completion of term (2033) (Approx.) 853500 Does this mean i can withdraw 853500 now ?

Wrote :

10-09-2018 20:46:01

No, as it is already mentioned that this will be approximate amount you will receive in year 2033.

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Wrote :

30-08-2018 17:57:46

what will be the amount i will receive after completion of my full payment of premiums in 2028. Please advise.

Wrote :

30-08-2018 19:28:56

It will depend upon sum assured and policy term. Use Maturity Calculator for approx benefits.

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Wrote :

28-08-2018 10:07:16

Sir, my case is similar, i have a policy which has premium paying term as 21 but date of maturity as 15/02/2083. can you clarify if i will get any amount once the premium paying term is over(i.e nov 2026).

Wrote :

28-08-2018 20:01:06

Yes, maturity will be available after premium paying term. From 2026 to 2083, you will have life cover.

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Wrote :

22-08-2018 18:24:52

I have a LIC jeevan anand (table 149) policy. As per lic online service my policy 514504115, date of start 28/10/2006 term 21 year premium 16214/- ,last payment date 28/10/2026 and maturity date is shows 28/10/2072. so kindly clarify me that after completion of my 21 year premium can i return any amount or after 2072. because in my policy maturity date is 28/10/2072. but when i purchase a policy certificate received in that certificate maturity date is not mentioned.

Wrote :

23-08-2018 09:06:23

Maturity will happen in year 2027 and from 2027 to 2072 you will have life cover without paying any further premium, means, if death happens between this period, your nominee will get sum Assured amount. If you survive till 2072, then you can take sum Assured amount youlself.

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