LIC Premium Calculator
New Endowment Plan (Table-914)

New Endowment Plan (Table-914)

Age 8-55 Years
Policy Term 12-35 Years
Maximum Age At Maturity 75 Years
Maturity Amount After Completion of Policy Term Basic Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) during Policy Term + Final Additional Bonus (FAB)
Death Claim Amount During Policy Term Death Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) till the time of Death + Final Additional Bonus (FAB) + Term Rider Sum Assured (if Opted).
Additional Accidental Rider Sum Assured in case of Accidental Death (if opted)
Death Sum Assured Basic Sum Assured or 7 times of Annualised Premium, whichever is higher.
Available Riders Accidental and Disability Benefit Rider, Term Assurance Rider, Accidental Benefit Rider, Premium Waiver Benefit Rider
Surrender and Loan Available if, all premiums of First 2 Years are paid.
Tax Benefit Premium is exempted (80c) and Maturity/Death Claim is Tax Free (10(10D)