New Jeevan Anand (815) Paid-up Value Calculator

LIC New Jeevan Anand (815) paid-up value depends upon Sum Assured & number of paid premium 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 premium. Please note, It is not official calculator of LIC.


LIC New Jeevan Anand (Table-815) Paid-up Value

New Jeevan Anand becomes eligible for a Paid-up value, if premium for first 3 years have been completely paid and further premium are not paid. 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 3,00,000 and term is 21 year and all premium for first 7 years have been paid, then paid-up sum assured will be (3,00,000) x (7/21) = 1,00,000.

Following table provides an example of Paid value details of a policy with Sum Assured: 15,00,000, Term: 15 years, Purchased Year: 2014 and premium for first 10 policy years (2014-2023) have been paid successfully and remaining premium is not paid.

Paid-up value details
Sum Assured10,00,000
Premium Paid10 out of 15 years
Paid-up Sum Assured10,00,000
Accured Bonus (Approx.)6,15,000
Paid-value at completion of term (2033) (Approx.)16,15,000

Comments & Reviews (3)

Wrote :

19-10-2018 16:13:56

I was opened New Jeevan Anand 815 on Nov 2017. Please inform me after complete of term 21 yrs how much amount I will get from lic. My monthly premium is 4583.

Wrote :

20-10-2018 11:30:00

Please use maturity calculator to calculate it yourself.

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Wrote :

27-09-2018 19:59:30

Jeevan Anand plan 815,please provide monthly premium for 1000000 for term 20 year in himachal

Wrote :

29-09-2018 02:02:45

What is your age? You may calculate your premium using premium premium calculator

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Wrote :

28-08-2018 14:14:23

My son pay quarterly installment of rs.21300.00 (excluding taxes / cess etc ) for the plan no 815 since 28/9/2014 . Is he will be entitled to get bonus amount after five years ? If yes , kindly inform me in details .

Wrote :

28-08-2018 19:45:27

In jeevan Anand (815), policy holder will get bonus from First policy year till maturity year but these accumulated bonus will be paid only at maturity not after 5 years.

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