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LIC's New Endowment Plan (814) Premium Calculator

LIC's New Endowment Plan (814) Premium Calculator - LIC's New Endowment Policy Plan no 814 was introduced on 3rd January 2014. It is an endowment policy where sum assured along with simple reversionary bonus and Final additional bonus will be paid to the policyholder at the end of the policy term. It offers an optional benefit, Accidental Death and Disability Benefit Rider by payment of additional premium.

Policy holder can estimate how much will be covered as death benefit and maturity benefit for desired Sum Assured using LIC's New Endowment Policy Plan no 814 premium Calculator tool. Here, we have provided a free tool which help customer or policy holders to calculate their premium and maturity benefits with simple basic informations. LIC's New Endowment Policy Plan no 814 premium Calculator offers an easy way to illustrate the Maturity and Death Benefits as per your Age, Policy period, Sum Assured etc.

 

Entry age:

  • Minimum Age: 8 years (completed)
  • Maximum Age: 55 years (nearest birthday)
  • Maximum Maturity age: 75 years (nearest birthday)

 

Policy term:

  1. Minimum: 12 years
  2. Maximum: 35 years

Premium Payment mode: Yearly, Half-yearly, Quarterly or Monthly mode (through ECS only or through salary deductions)

 

Sum Assured

  1. Minimum: Rs.1,00,000/-
  2. Maximum: No limit.
  3. Sum Assured shall be in multiples of Rs. 5000/-

 

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