LIC Endowment Plus Maturity Calculator

The withdrawn plan offered the scope of investing as well as insurance protection to the policyholder. One had the option to choose from 4 different funds that policyholders could choose per the NAV of the funds.

What is the LIC Endowment Plus Maturity Calculator?

LIC of India offers the Endowment Plus maturity calculator as an online tool that allows you to estimate the premiums against your desired maturity benefit and death benefit. Given the market-linked nature of the plan, the calculated benefits may differ with respect to the unpredictable market performance of the chosen fund option. Based on the results displayed, you can pick an option that perfectly suits your requirements. In a way, the tool helps you in your financial decision making, allowing you to accommodate your investments in the best way possible.

Note: The LIC New Endowment Plus plan 935 is a revised version of the LIC New Endowment Plus 802 plan. Both plans were withdrawn in January, 2025 and January, 2014 respectively. Currently none of these plans are available for sale, but people who bought them earlier, their policy and benefits stay intact.

What are the Key Features of the LIC Endowment Plus Maturity Calculator?

• The LIC calculator allows you to choose the expected rate of return on the premiums invested to give accurate estimates.

• You can also choose the rider benefit against accidental death and disability to get an estimate of the change in premium payments and the subsequent benefit amount.

• Such calculators factor in your age, annual income, fund option, expected rate of return, amount to invest to calculate the maturity benefit of your life insurance policy.

• The tool is featured on the official platforms of LIC, thereby indicating the reliability of the tool.

• The tool also eliminates any miscommunication that could happen while talking to an agent.

• The results are instant and the tool can be accessed from the comfort of your home.

• If you feel like the maturity benefit or returns are not as per your expectations, you have the option to tweak the inputs to arrive at your desired coverage.

How to Use LIC Endowment Plus Maturity Calculator?

To calculate the LIC Endowment Plus maturity and premium using the maturity and premium LIC calculator, it is necessary to add a few personal details and preferred policy details into the calculator for personalized instant results.

The steps are given below to use the LIC Endowment Plus premium and maturity calculator:

Step 1: Go to LIC’s official website and find the premium calculator as you scroll down.

Step 2: You will be directed to an external page, where you enter your basic details like DOB, name, mobile number, gender, etc.

Step 3: Select the LIC Endowment Plus plan with plan number, and adjust your policy details as per your choice. Fill in your policy term, premium paying mode, etc.

Step 4: Click submit and wait for your detailed results to be projected on your screen. The illustration will describe your premium payable and the maturity amount you can expect from it. The illustration shall be a complete breakdown of all the aspects making up the maturity payout.

What are the Benefits of the LIC Endowment Plus Maturity Calculator?

• Quick results: The results are generated in a matter of seconds after the user has entered all the mandatory details.

• Personalization available: The user can easily customize the policy details by adjusting the digits as per their financial budget and requirement.

• Easy to use: The calculator is simple and does not require any difficult tasks from the user. It is more like filling a form.

• Detailed information: The calculator generates a detailed breakdown of premium and maturity values under customized inputs by the user. It helps the user assess their own financial situation and the returns from the policy that they have chosen.

• Make informed decisions: The detailed results help the user to ensure that they are making a responsible financial decision for their family rather than basing their decision on assumptions.

What is the Eligibility for LIC Endowment Plus 935?

In order to enter the required fields in the LIC Endowment Plus 935 maturity calculator correctly, you should be aware of the following eligibility criteria:

What are the Available Fund Options in LIC Endowment Plus Calculator?

The following table illustrates the funds available so you can understand the kind of returns to expect on your investments:

Note: The policyholder can switch funds four times a policy year without any additional charges. But after four switches, a charge of Rs.100 will be applicable for every subsequent fund switch. The policyholders and potential policyholders can therefore check the returns within different funds to receive estimates from the LIC calculator.

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