LIC New Jeevan Anand (Table-815) Calculator
Calculate your premium, survival benefits and maturity amount
Policy Details
LIC New Jeevan Anand Policy Details
LIC’s New Jeevan Anand Plan (Table No. 815) is a participating endowment plan that offers a combination of protection and savings. This plan provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival.
First Year Premium
Your first year premium will be ₹0 (inclusive of GST).
Second Year Onwards Premium
From second year, your premium will be ₹0 (inclusive of GST).
Death Benefit
In case of death during the policy term, the nominee will receive ₹0 (Sum Assured + accrued bonuses) along with the loyalty additions, if any.
Survival Benefits
You will receive ₹0 as survival benefit every year after the premium payment term ends until maturity.
Maturity Benefit
On survival till the end of the policy term, you will receive ₹0 (Sum Assured + accrued bonuses) plus any loyalty additions.
Additionally, you will continue to receive life cover equal to the basic Sum Assured (without bonuses) for the rest of your life, and this amount will be paid to your nominee upon your demise.
Tax Benefits
Premiums paid are eligible for tax deduction under Section 80C. Maturity proceeds are tax-free under Section 10(10D) as per prevailing tax laws.
Premium Breakdown
Base Premium: ₹0
GST (4.5%): ₹0
Riders Premium: ₹0
Total Premium: ₹0
Quick Summary
Policy Details
Age: 30 years
Policy Term: 20 years
Sum Assured: ₹500,000
Premium Payment Term: 20 years
Premium Summary
First Year: ₹0
Subsequent Years: ₹0
Total Premiums Paid: ₹0
Projected Benefits
Total Survival Benefits: ₹0
Maturity Benefit: ₹0
Total Benefits: ₹0