LIC Nivesh Plus Calculator

You can get approximate returns and benefits calculations of this single premium ULIP plan with the LIC Nivesh Plus 749 calculator.

Read on to know more about the LIC Nivesh Plus Returns Calculator.

LIC Nivesh Plus Plan – An Overview

LIC Nivesh Plus plan 749 is a Unit Linked Insurance Plan (ULIP) by the LIC of India, which offers the combined benefit of protection and wealth creation. This plan provides the policyholder the opportunity to invest in varied funds for maximum returns. The LIC Nivesh Plus Plan features life protection, fund switching, partial withdrawals and loyalty additions.

Unlike a pure term life insurance plan that only gives financial protection to the nominee, Nivesh Plus helps investors build long-term wealth along with insurance coverage. Therefore, as an investor, it is important to understand how the LIC Nivesh Plus plan works.

LIC Nivesh Plus plan details such as fund performance, returns, guaranteed additions, etc., help understand how the policy functions. Therefore, the LIC Nivesh Plus 749 plan calculator is useful for calculating and analysing returns and premiums.

What is LIC Nivesh Plus Calculator?

LIC Nivesh Plus Calculator is a free online tool provided by the Life Insurance Corporation of India that estimates your premium amount, maturity benefits and expected returns based on the amount you wish to invest and your chosen policy tenure. It is also commonly referred to as the LIC Nivesh Plus Returns Calculator. This calculator takes the following into consideration:

• Single premium amount

• Chosen sum assured multiplier

• Policy term

• Expected returns based on guaranteed additions and on NAVs

• Flexible selection of funds

This online tool helps the investors make a right decision by showing what can be expected at maturity or in case of an unforeseen event. You can also use the LIC Nivesh Plus Maturity Calculator feature to estimate the maturity value of your policy.

Note: You may also find this calculator named according to the older plan version, e.g., LIC Nivesh Plus 849 Calculator.

How To Use LIC Nivesh Plus Returns Calculator?

Using the LIC Nivesh Plus Returns Calculator is a piece of cake and people of all ages can do so. There is no technical knowledge required, one needs to just follow these following simple steps:

From the Official LIC Website

Step 1 Go to the official website of LIC.

Step 2 Scroll down and find "Coverage Calculator" and "Premium Calculator". Click on Premium Calculator.

Step 3 Enter general information such as name, DOB, gender, contact, email, PIN, etc. Click on Next. Thereafter, click on "Quick Quote".

Step 4 You will be directed to “Select Product”. Here you can select your LIC policy name. Select your policy by ticking the box next to your policy name and click “Coverage”.

Step 5 This is the page where you have to fill in the necessary information and click on “Get Illustration.” Your Nivesh Plus LIC policy calculator will depict the estimated returns based on the provided data.

Note: The LIC Nivesh Plus Returns Calculator is made available by LIC for illustrative/analytical purposes only. The returns projected by this calculator are not guaranteed, as they are subject to market performance and other factors that may affect such performance.

From Policybazaar

You can use the LIC NIvesh Plus returns calculator on policybazaar using the following easy steps:

Step 1 Go to LIC on Policybazaar.
Step 2 Fill in the form in the top right corner. Mention your name and contact number and click on “View Plans”.
Step 3 At the top, you will get the option to enter the amount you wish to invest in the plan and the time period for which you want to invest. Enter those details.

Step 4 Now Look for Nivesh Plus (Plan no. 749), there you will see the estimated returns that the plan will give you according to the details you entered. You may click on “View Details” to know more about the plan.
Step 5 Proceed and then provide the required details to know more about the investments and withdrawals.

With these details, you can understand how your investment in the LIC Nivesh Plus will work.

What are the Key Features of LIC Nivesh Plus Returns Calculator?

• Easy to Use: The LIC calculator can easily be found on the LIC website. The tool is simple to use as one needs to only enter a few details and follow the instructions on the screen.

• Policy Details: The Nivesh Plus calculator needs information like how long the policy will last, how often and how much the premiums will be paid, which fund is chosen out of the four options and which option is chosen for death benefit cover.

• Fund Performance: The 749 Nivesh Plus Maturity Calculator also looks at how the fund has done in the past to help estimate returns. The tool gives the investor a full picture of how the fund did over a certain time period.

• Maturity Amount: The Nivesh Plus LIC Calculator uses the input values to figure out the maturity amount which is the sum assured, the fund value and the bonuses.

• Projected Returns: The Nivesh Plus LIC Policy calculator gives you an idea of the rate of return you can expect based on how well the fund does and the policy term you choose.

• Flexibility: With the LIC Nivesh Plus calculator maturity calculator, you shall try out different premium amounts, policy terms and fund amounts to compare and find the right combination.

How Does The Nivesh Plus LIC Calculator Work?

The LIC Nivesh plus plan calculator 2026 needs a few details from the user to work and give results. The outcome changes based on the information it receives. The calculation is accurate, however, the result is an estimation because the final outcome depends on the market performance.

Users need to provide the following LIC Nivesh Plus 749 plan details:

• Plan Option: Any one of the two options that LIC Nivesh Plus offers. Option 1 is 1.25 times the single premium and Option 2 is 10 times the single premium.

• Fund Type: Any one of the 4 fund options from Bond, Growth, Balanced or Secured fund for Unit Fund investment.

• Policy Term: The time period for which you want the life insurance policy. It should be between 10 to 25 years.

• Amount of Premium: The total amount you wish to invest in the policy. The minimum premium is Rs. 125,000.

The Nivesh Plus calculator gives you, within minutes, the amount of money you might get back from this investment. Since it takes less time, you shall use it multiple times with different values. Therefore, it facilitates comparing different investments before you make your choice.

Sample Returns Illustration of LIC Nivesh Plus Plan

Let’s understand how the LIC Nivesh Plus 749 plan returns calculator works using an example. Taking the example of Mr. Abhinav, a 30 year old person who buys the LIC Nivesh Plus policy by paying a lump sum of Rs. 1,25,000 for a 20 years policy term. He has two options for death benefit cover.

• Option 1 where Basic Sum Assured is 1.25 * Single Premium

If Mr. Abhinav chooses option 1, the various benefits available to him shall be as per the below table, based on the assumed investment returns.

Therefore, on the maturity date, Mr. Abhinav’s maturity benefit shall be:

• Option 2 where Basic Sum Assured is 10 * Single Premium

If Mr. Abhinav chooses option 2, the various benefits available to him shall be as per the below table, based on the assumed investment returns.

Therefore, on the maturity date, Mr. Abhinav’s maturity benefit shall be:

Note:

• The sample illustrations are for a non-smoker male/female standard life who purchased the policy offline which does not include the LIC’s linked Accidental Death Benefit rider.

• The rate of return (4% and 8%) are assumed values as the projected investment rate of return is not guaranteed.

• The illustrations are considering the prevailing tax charges which shall change from time to time.

What are the Benefits of Using the LIC Nivesh Plus Returns Calculator?

Here are some advantages of using the LIC Nivesh Plus Returns Calculator.:

• Informed Decision Making: The LIC Nivesh Plus Maturity Calculator enables an investor to make well-informed decisions regarding the return on investment offered by the Nivesh Plus Plan from an LIC investments perspective.

• Financial Planning: Using the LIC Nivesh Plus calculator, people can match their investment plans with the expected returns and make financial plans accordingly.

• Comparisons: The LIC Nivesh Plus Plan calculator enables the comparison of different investment choices in order to help the individual decide the best premium rate and term and investment distribution.

• Risk Analysis: With the help of the fund allocation facility available in the LIC Nivesh Plus Returns calculator, customers can analyze risks associated with market variability regarding potential returns.

• Transparency: LIC Nivesh Plus Calculator provides transparency about how your investment may increase in value with time and hence makes it easier to understand and trust the LIC Nivesh Plus investment decision.

What is LIC Nivesh Plus NAV?

NAV stands for Net Asset Value which is the per unit or per share value of a unit investment trust, mutual fund or exchange traded fund (ETF). The NAV of a fund represents the actual price at which the units of an open-end fund are bought or sold.

Since, LIC Nivesh Plus is a ULIP policy, you own various units based on the fund you select out of the four available options. The returns from your Nivesh Plus LIC policy depends entirely on the NAV and the NAV of your units depends on the market and fluctuates every day.

Therefore, many people search for “LIC Nivesh Plus NAV today” because the returns are calculated on the current NAV value. Your total fund value is equal to the total units you own multiplied by the current NAV.

How to Calculate LIC Nivesh Plus NAV today?

Given below is how you shall calculate the value of your Nivesh Plus NAV today:

NAV =Total Value of Fund's Assets - LiabilitiesTotal Number of Outstanding Units

If you do not want to do all the calculations, you shall visit the LIC website and go to the LIC NAV Portal to see the current NAV value for the various funds. Here, you will find the NAV history as well.

Wrapping Up

The LIC Nivesh Plus Returns Calculator is a helpful tool for investors who are interested in the LIC Nivesh Plus plan. The calculator provides an approximation of the returns for the LIC Nivesh Plus plan one can expect at maturity. The calculator needs policy details from the user to compute the results. However, the results are estimations based on assumed rate of investment returns and market performances which may change over time. Therefore, the LIC Nivesh Plus calculator maturity calculator is meant for the purpose of helping investors understand the features of the products and how the benefits of the policy shall be calculated in several circumstances.

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