Prices Increasing soon Prices Increasing Soon

LIC New Bima Gold Maturity Calculator

The LIC New Bima Gold Calculator is an online tool offered by the Life Insurance Corporation of India (LIC). It helps individuals estimate the maturity benefit and premium amounts for their LIC New Bima Gold policy,  understand this policy's potential returns, and calculate the premiums payable by potential policyholders. The LIC New Bima Gold plan is no longer available, as the company has withdrawn it.

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount# for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
7.7 Crore
Registered Consumer
50
Insurance Partners
4.2 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from /month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Understanding LIC New Bima Gold

LIC New Bima Gold is a participating non-linked savings-cum-protection plan offered by the Life Insurance Corporation of India. It is a limited premium payment policy that provides life insurance coverage and a maturity benefit.

The plan, however, is no longer available for sale. Still, those who already bought the plan can evaluate the potential returns of their policy using the LIC New Bima Gold 174 Maturity Amount Calculator to help you calculate and analyse the premiums and returns in advance.

What are the Benefits of the LIC New Bima Maturity Calculator?

The LIC New Bima Gold 179 calculator is a helpful tool provided by the LIC that allows individuals to estimate the benefits of the LIC New Bima Gold policy. Here are some of the benefits of using the calculator:

  • Maturity Benefit Estimation: The calculator helps you estimate the maturity benefit you can expect to receive at the end of the policy term. It considers the sum assured, bonuses, and other policy-specific features to provide an approximate maturity amount.

  • Premium Calculation: By entering the relevant details into the calculator, you can calculate the premium you must pay for the LIC New Bima Gold policy. This helps you plan your finances and understand the policy's affordability.

  • Comparison of Plans: The calculator lets you compare different LIC New Bima Gold policy options. You can input other parameters and evaluate how they impact the maturity benefit and premium amounts. This enables you to choose the plan best suits your financial goals and requirements.

  • Customisation: The LIC New Bima Gold calculator is customizable based on your specific details and preferences. You can input various factors like policy term, premium payment term, sum assured, etc., to generate personalized results tailored to your needs.

  • Financial Planning: Using the calculator, you can assess the potential returns and premiums associated with the LIC New Bima Gold policy. This information can help you in financial planning, goal setting, and making informed decisions regarding your insurance needs.

** The LIC New Bima Gold calculator provides estimates and valuable insights; however, the actual benefits of the policy may vary based on various factors and the policy's terms and conditions.

How To Use LIC New Bima Gold Calculator?

To use the LIC New Bima Gold Calculator, you typically need to input specific details related to the policy, such as:

  • Policy term: The duration for which the policy will be in force.

  • Premium payment term: The period during which premiums need to be paid.

  • Sum assured: The amount of life insurance coverage provided by the policy.

  • Age: The policyholder's age at the time of purchasing the policy.

To Sum it Up:

The LIC New Bima Gold Plan has been withdrawn and is no longer available for purchase. However, existing policyholders can evaluate their returns using the LIC New Bima Gold Calculator, a tool designed to estimate the maturity amount and projected returns. This calculator helps individuals assess the premiums payable and the maturity amount they may receive. It’s important to note that the calculator’s results are based on assumptions and historical data, so actual returns may vary.

FAQs

  • Q: Are there any tax benefits associated with LIC policies?

    Ans: Yes, LIC policies often come with tax benefits under Section 80C of the Income Tax Act for premium payments and Section 10(10D) for maturity or death proceeds. However, tax laws may change, and it is advisable to consult a tax professional for the latest information.
  • Q: How accurately is the LIC New Bima Gold Calculator estimating the maturity benefit?

    Ans: The LIC New Bima Gold Calculator provides estimates based on the information inputted, considering factors like sum assured, bonuses, and policy-specific features. However, benefits may vary due to changing economic conditions and other unforeseen factors.
  • Q: Can the LIC New Bima Gold Calculator help me compare different policy options?

    Ans: Yes, the calculator allows you to input various parameters for different LIC New Bima Gold policies, facilitating a comparison of their impact on maturity benefits and premium amounts. This helps you make an informed decision based on your financial goals.
  • Q: Is the LIC New Bima Gold Calculator customizable to my specific details and preferences?

    Ans: Absolutely. You can input details like policy term, premium payment term, sum assured, etc., making the calculator results personalized to your needs. This customization aids in better financial planning and goal setting.
  • Q: How often should I use the LIC New Bima Gold Calculator to assess my policy's potential returns?

    Ans: It is advisable to use the calculator periodically, especially when significant financial or life changes occur. Regular assessments help you adjust your financial plan and ensure it aligns with your evolving needs.

Premium By Age

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in



Choose Term Insurance Plan as per you need

Plans starting from @ ₹473/Month*
Term Insurance
1 Crore Term Insurance
Term Insurance
2 Crore Term Insurance
Term Insurance
4 Crore Term Insurance
Term Insurance
5 Crore Term Insurance
Term Insurance
6 Crore Term Insurance
Term Insurance
7 Crore Term Insurance
Term Insurance
7.5 Crore Term Insurance
Term Insurance
8 Crore Term Insurance
Term Insurance
9 Crore Term Insurance
Term Insurance
15 Crore Term Insurance
Term Insurance
20 Crore Term Insurance
Term Insurance
25 Crore Term Insurance
Term Insurance
30 Crore Term Insurance
Term Insurance
15 Lakh Term Insurance
Term Insurance
60 Lakh Term Insurance

Term insurance Articles

  • Recent Article
  • Popular Articles
12 Dec 2024

ICICI Pru iProtect Super Plan

The ICICI Pru iProtect Super Plan is a pure-term insurance plan

Read more
10 Dec 2024

Does HDFC Term Insurance Come Under Section 80C...

Many people wonder about its tax benefits when purchasing a term

Read more
09 Dec 2024

How to Study Abroad for Free with the Right Term...

Studying abroad can be a life-changing experience, offering

Read more
06 Dec 2024

HDFC Life Insurance Income Replacement in Tamil...

The divide between rural and urban lifestyles in Tamil Nadu is

Read more
06 Dec 2024

HDFC Life Insurance Income Replacement in Sikkim

Sikkim, a state rapidly advancing through industrialisation and

Read more

Term Insurance Calculator Online : Get Instant...

Term Insurance Calculator [[ Term Insurance Calculator - Calculate your term insurance premium for free Term

Read more

Best Term Insurance Plan for 1 Crore : Buy Best...

A ₹1 crore term insurance plan ensures financial security for your family by providing a ₹1 crore payout as a

Read more

LIC Surrender Value After 10 Years Calculator

The surrender value of a LIC insurance policy is the amount that the policyholder will receive if they decide to

Read more

Claim Settlement Ratio of Term Insurance Plan...

Claim Settlement Ratio (CSR) is an important parameter in the selection of an insurance policy. If you are going

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL