The Ultimate LIC Jeevan Anand Calculator (Plans 149, 815 & 915)
Welcome to the most comprehensive LIC Jeevan Anand Calculator on the web. Jeevan Anand is an iconic policy from LIC, blending the benefits of an endowment plan with a whole-life cover. This all-in-one tool is designed to demystify every financial aspect of your policy, whether it's the old plan (Table No. 149) or the New Jeevan Anand (Table No. 815 and 915). Use our calculator to instantly estimate your premium, maturity amount, surrender value, and loan eligibility.
What Makes Jeevan Anand a Unique Policy?
The Jeevan Anand plan is often called a 'two-in-one' policy. Here’s why:
- 💰 Endowment Benefit: At the end of the policy term, if the policyholder survives, they receive the full LIC Jeevan Anand maturity amount. This includes the Sum Assured + Vested Bonuses + Final Additional Bonus.
- 🛡️ Whole Life Cover: This is the unique selling point. Even after the maturity amount is paid out, the life insurance cover (equal to the Sum Assured) continues for the policyholder's entire life, up to 100 years of age. Upon death after maturity, the nominee receives the Sum Assured again.
This dual benefit of "Anand" (happiness) for the policyholder at maturity and continued security for the family is what makes this a flagship product. This tool serves as a premium, maturity, surrender, and LIC Jeevan Anand loan calculator rolled into one.
How to Use This All-in-One Jeevan Anand Calculator
Our calculator simplifies complex estimations into a few clicks:
- Enter Common Details: Start by entering your Sum Assured, the Policy Term, and your age when you took the policy. These are the core details for any Jeevan Anand policy calculator.
- Select a Tab: Choose what you want to calculate:
- Maturity: To find the final lump sum. This is the most used feature of any LIC Jeevan Anand maturity calculator.
- Premium: To estimate your yearly premium with GST. Functions as an excellent Jeevan Anand premium calculator.
- Surrender: To see the policy's cash value if you exit early. This acts as a Jeevan Anand surrender value calculator.
- Loan: To check your loan eligibility against the policy.
- Provide Specifics: Some tabs, like Surrender and Loan, require an extra input (e.g., number of years' premiums paid).
- Calculate: Click the button to get instant results, complete with charts and a detailed breakdown.
Deep Dive: How the LIC Jeevan Anand Maturity Amount is Calculated
Let's break down the logic our LIC Jeevan Anand returns calculator uses. The final maturity amount is a sum of three parts:
- 1. Basic Sum Assured (SA): The guaranteed amount you chose at the start.
- 2. Vested Simple Reversionary Bonus: Every year, LIC declares a bonus rate (e.g., ₹45 per ₹1000 of SA). This bonus gets added to your policy. The total of these annual bonuses is the vested bonus. Our bonus calculator for Jeevan Anand simulates this accumulation.
- 3. Final Additional Bonus (FAB): A one-time loyalty bonus given at maturity for long-term policies. The rate is not guaranteed but can significantly boost your final returns.
Example Calculation:
If you have a ₹10,00,000 SA policy for 21 years, the Jeevan Anand policy maturity calculator would estimate:
- SA: ₹10,00,000
- Estimated Bonus: (₹45 * 1000) * 21 years = ₹9,45,000
- Estimated FAB: (₹70 * 1000) = ₹70,000 (illustrative rate)
- Total Maturity Amount: ₹10,00,000 + ₹9,45,000 + ₹70,000 = ₹20,15,000
This makes it easy to calculate the LIC maturity amount for Jeevan Anand and plan your finances accordingly.
Premium, Surrender, and Loan Calculations
This tool is more than just a Jeevan Anand returns calculator:
- Premium Calculator: The new Jeevan Anand premium calculator tab estimates your yearly premium based on your age, term, and sum assured, and includes the applicable GST. This helps in budgeting for your LIC Jeevan Anand policy premium.
- Surrender Value Calculator: Life is unpredictable. If you need to exit the policy early, the LIC Jeevan Anand surrender value calculator tab estimates the amount you'd receive. It shows both the Guaranteed and Special Surrender Values. It also helps calculate the LIC Jeevan Anand paid-up value internally.
जीवन आनंद पॉलिसी कैलकुलेटर
For our Hindi-speaking users searching for a जीवन आनंद पॉलिसी कैलकुलेटर, this tool serves the exact same purpose. You can enter your policy details (बीमा राशि, पॉलिसी अवधि, प्रवेश आयु) and get an instant estimate of your maturity amount (परिपक्वता राशि) and premium (प्रीमियम). It is the best all-in-one Jeevan Anand calculator available in English, providing clarity for all policyholders.
Conclusion: A Lifetime of Benefits, Simplified
The LIC Jeevan Anand policy is a powerful instrument for creating a legacy of financial security. Our comprehensive Jeevan Anand LIC calculator is designed to be your trusted partner in this journey. By offering detailed calculations for every aspect of the policy—from the initial premium to the final maturity, and even for contingencies like surrender or loans—we provide you with the 360-degree view you need to make informed decisions. Plan with confidence, secure your family's future, and experience the true "Anand" of financial well-being.
