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New Jeevan Anand Plan (815) Maturity Calculator

Maturity Calculator for LIC's New Jeevan Anand (Plan No: 815) provides easy way to calculate maturity amount and illustrate Age-wise and Year-wise risk cover amounts. It uses year-wise bonus rate for years for which the bonus has been declared and latest bonus rate for years which bonus will be declared in future. The calculator provides associated benefits calculation on past and expected data. Please provide following details to calculate benefits of your plan. Click here to know about this plan.

Related Calculator: New Jeevan Anand (915) Maturity Calculator [Modified Plan]

Terms of Service
NEW JEEVAN ANAND PLAN (815)

On survival, that is completion of policy term (25 years ), Maturity will be as under.

MATURITY DETAILS
Maturity Year2045
Age at Maturity55
Sum Assured (A)1000000
Bonus (Approx) (B)1600000
Total Maturity (A+B)2600000
Post Maturity Cover1000000
DEATH CLAIM DETAILS

In case of death during policy term (Before 25 years), 125% of Sum Assured + Bonus acrued till the time of death + Final Additional Bonus (if any) will be paid to nominee as Normal death claim. In case of accidental death (if Accidental Rider is opted for), additional amount equal to Sum Assured along with Normal Death claim will also be paid to nominee. Policy year-wise and Age-wise Normal Life Covers and Accidental Life Covers are illustrated in the following table.

Year Age Normal Life Cover (Approx) Accidental Life Cover (Approx) Return (Approx)
2021 31 1296000 2296000 --
2022 32 1342000 2342000 --
2023 33 1388000 2388000 --
2024 34 1434000 2434000 --
2025 35 1480000 2480000 --
2026 36 1526000 2526000 --
2027 37 1572000 2572000 --
2028 38 1618000 2618000 --
2029 39 1664000 2664000 --
2030 40 1710000 2710000 --
2031 41 1756000 2756000 --
2032 42 1802000 2802000 --
2033 43 1848000 2848000 --
2034 44 1894000 2894000 --
2035 45 1960000 2960000 --
2036 46 2011000 3011000 --
2037 47 2062000 3062000 --
2038 48 2113000 3113000 --
2039 49 2174000 3174000 --
2040 50 2240000 3240000 --
2041 51 2316000 3316000 --
2042 52 2412000 3412000 --
2043 53 2558000 3558000 --
2044 54 2704000 3704000 --
2045 55 Maturity 2600000
2045+ 55 + 1000000 1000000 --

Related Link: Jeevan Anand (815) Paid-up Calculator

Comments & Reviews (364)

Wrote :

2024-10-16 12:02:45

How can we calculate bonus in jeevan anand 815

Wrote :

16-10-2024 15:16:57

Bonus rate for 1000 of sum assured is available on the website. if bonus rate is Rs. 50 per thousand of sum assured, then formula will be sum assured x policy term x bonus /1000.

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Wrote :

2024-10-13 17:11:56

Hi Sir, I want to know if the maturity amount in scheme 815 can be withdrawn as pension amount per month lifetime instead of withdrawing total maturity as lumpsum. Example, if the maturity amount is 15 L, how much pension per month can be withdrawn in New Jeevan Anand 815?

Wrote :

14-10-2024 21:38:18

Jeevan Anand does not have inbuilt pension features. You can take maturity settlement option, which is available for 10 years only.

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Wrote :

2024-10-11 11:44:21

If the personal is alive once after maturity he will claim Sum Assured+ maturity bonus and FAB. How about post maturity cover. Will that still continue and can be claimed by Nominee after death ? Or is there any procedure to opt out and take it when alive ?

Wrote :

16-10-2024 11:46:57

In the Jeevan Anand policy, post-maturity cover is equal to the basic Sum Assured. This means, in case of the policyholder's death after maturity, their nominee will receive a death claim amount equal to the Sum Assured. There is also an option to surrender the risk cover and receive a portion of the life cover/Sum Assured. You can learn more about the post-maturity surrender value of the previous version of Jeevan Anand (149) here

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Wrote :

2024-10-08 11:18:28

I started LIC new Jeevan Anand 815 on 2015. Maturity will be 2031. After maturity total how much amount shall we get ? Please tell me clearly??

Wrote :

08-10-2024 16:00:51

It seems your term is 16 years, which is insufficient to calculate approx. maturity. Please share your sum assured. BTW you can calculate approx value by using above calculator.

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Wrote :

01-10-2024 01:30:49

Please correct me If I am wrong, if the policy holder is still alive at the time of Policy mature year he will get A+B i.e Sum Assured + Total Maturity amount and the Post Maturity Cover amount will only be provided to the Nominee post the death of the policy holder? Is that right? Also in case of any death happens before the maturity year of the policy then the Nominee will get A+B+ Post Maturity cover?

Wrote :

03-10-2024 12:46:40

A+B is not correct. Upon maturity, the total maturity amount is the sum assured plus bonuses, not "sum assured + total maturity." After maturity, the post-maturity cover is equal to the sum assured. In case of death before maturity, the death claim will be the sum assured plus accumulated bonuses.

Wrote :

04-10-2024 13:42:09

On Maturity: SA+Bonus. Will FAB also included on maturity or its only on account of death?

Wrote :

06-10-2024 12:40:55

On maturity, the amount will be Sum Assured + Bonus +FAB.

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Wrote :

23-09-2024 16:06:30

I hold a Jeevan Anand (815) policy with a basic sum assured of ₹28,00,000, which has a duration of 32 years. I have been paying the premium for over 8 years now since 2016. I would like to stop paying the premiums but do not wish to surrender the policy due to the low surrender value. What options do I have in this situation?

Wrote :

06-10-2024 12:55:34

If you stop paying the premium, your policy will become paid-up. Your sum assured will be reduced by a factor of 8/32, meaning the paid-up sum assured will be Rs.7,00,000. After completing 32 years, you will receive the paid-up maturity, which consists of Rs.7,00,000 plus the bonus accrued during the 8 years when the policy was in full force. During these years, you will have life cover of Rs.7,00,000 plus the bonus. You can watch a video about the paid-up policy on YouTube: Video Link.

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Wrote :

08-01-2024 17:04:05

My policy is Jeevan Anand (815), basic sum assured is 15,00,000/- duration 20 years since 2018rnI have paid the premium for more than 5 years and now I don't want to pay the amount anymore and I don't want to surrender as well because surrender amount is too less. What all are the options in this case?

Wrote :

22-01-2024 13:52:01

You may consider stopping premium payment and your policy will become paid up. Your effective sum assured will be 2,50,000 (10,00,000 x 5/20). Which means your minimum life cover will be 2,50,000. on completion of 20 years, you will get 2,50,000 and bonus accumulated for 5 years (when policy was in full force).

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Wrote :

12-10-2023 19:37:51

Post Maturity Cover will receive after death? and how much I get?

Wrote :

13-10-2023 11:54:05

Yes, it will be paid to nominee in case of death of the policyholder and amount will be equal to basic sum assured.

Wrote :

04-10-2024 09:52:21

what if policy holder is not dead? He is still alive after the maturity date. he wont get that post maturity cover.

Wrote :

06-10-2024 10:25:42

Post maturity cover is only available on death of the policy holder. However you can surrender the post maturity life cover.

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Wrote :

12-10-2023 17:36:01

Jeevan Anand 815 sum assured = 100000 for 15 years.
quarterly premium = 2039*4*15=122340 in total paid my maturity amount is 160000.
what is this plz explain my insured in 1 lakh but i am paying 1.23 lakh. my bonus in 40k. what is the use of setting insured amount as 1 lakh why i need to pay 1.23 lakh if anyone knows plz explain this.

Wrote :

13-10-2023 11:22:16

Please go through following link.https://www.insurance21.in/faq/premium-paid-vs-sum-assured-in-lic-plans.html

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Wrote :

16-12-2022 22:43:25

Can we take home loan on my lic policy? 6 years complete jivan Anand 815.

Wrote :

26-12-2022 12:38:20

Home loan is not available again jeevan anand policy. You can take loan against your policy.

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Wrote :

15-11-2022 12:22:36

Policy started on 28-12-2018 , maturity on after 15 years if a failed to pay premium after 2022 will I lose my entire payment?

Wrote :

30-11-2022 17:09:42

If you have paid premium for at least 3 years and not paying further premium, then your policy will become paid which means your policy benefit will be reduced by a factor of total number of premium paid/ total number of premium to be paid.

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Wrote :

09-06-2022 05:15:43

So on maturity the entire amount with bonus can be withdrawn, correct?

Wrote :

10-06-2022 17:05:15

Yes, Maturity is basic sum assured + Bonus + FAB.

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Wrote :

30-04-2022 15:21:20

How to update the nominee? I took the plan in 2015 with nominee as my mother. Now, I want to update the nominee, please advise.

Wrote :

04-05-2022 09:25:11

Visit your branch with original policy document, ID and Address proof.

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Wrote :

30-04-2022 11:54:30

I have taken a new jeevan anand policy (815) with rider at my age of 25 on 2019 bearing premium amount 15688( Yearly paying) for 15 years. What will be maturity amount? Can i get my maturity full amount at the time of policy maturity time ? Then what all the benefits i get after that?? Please explain me!!!

Wrote :

04-05-2022 09:40:52

For approx. maturity amount, please use calculator on this page. After maturity, you will have life cover equal to sum assured which means, in case of unfortunate death at anytime after maturity, your nominee will get claim amount equal to sum assured.

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Wrote :

29-04-2022 19:31:06

Is there any money back policy on Anand jeevan plan - 815?

Wrote :

04-05-2022 09:29:17

Jeevan Anand 815 is not a moneyback policy. In Jeevan Anand Maturity is paid in one single amount at the time of completion of policy term (Maturity).

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Wrote :

26-04-2022 16:42:53

In post maturity cover, if the person death is natural (e.g old age) and not by accident or any disease; weather nominee will get sum assured or not?

Wrote :

28-04-2022 15:23:46

It covers normal as well accidental death.

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Wrote :

25-03-2022 10:17:21

How to know our policy benefits.

Wrote :

25-03-2022 12:54:19

Approx. policy benefit can be calculated using available calculator on this site. It requires plan number, sum assured, age and policy term. Please find these details on your policy document.

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Wrote :

11-10-2021 01:53:56

I want to change my last name and nominee in my policy , how can I do that?

Wrote :

18-10-2021 06:29:21

Please visit your LIC branch.

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Wrote :

19-09-2021 12:23:58

In 2016, I started Jeevan Anand - 815 plan of sum assured 10 lacs (with Accidental death & Disability rider ) for 21 years. I would like to cancel the Accidental death & Disability rider. Immediately advise me.

Wrote :

21-09-2021 23:24:40

You can contact your branch to cancel it.

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Wrote :

18-03-2021 22:57:41

That means after maturity , and after the death of the policy holder, the nominee will get the sum assured money.

Wrote :

21-03-2021 23:44:31

Yes, provided all due premiums are paid.

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Wrote :

02-10-2020 19:01:59

Suppose I did a Jeevan Anand - 815 plan of sum assured 5 lacs for 35 years. So, according to the above calculator, total maturity, I will get around 25 lacs (both sum assured + bonus), and after maturity, it will give another 5 lacs (the sum assured) as yearly installments. rnSo, if I withdraw that 25 lacs at the time of maturity, even after that will I get the 5 lacs extra as yearly installments after maturity? So, in total, it will be around 30 lacs. right?

Wrote :

03-10-2020 12:18:35

After maturity, you will have life cover of Rs. 5 Lakh (Basic Sum Assured), which means, anytime after death post maturity, your nominee will get one time death claim equal to 5 lakh. For Example, if the Rs. policy is taken in 2020, so it will avail maturity of approx 25 Lakh in year 2055 (2020+35) and if unfortunate death happens in year 2060, your nominee will get another 5 Lakh.

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Wrote :

26-08-2020 09:57:04

Unable to make LIC premium payment through online. Showing AS WEBPAGE errors.. do you know what is the issue??

Wrote :

01-09-2020 12:24:49

You can try after sometimes.

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Wrote :

20-07-2020 12:29:58

Great work in LIC related queries.

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Wrote :

18-07-2020 00:27:42

Sir, I have taken this policy in this year, where SA is 500000 for 30 years policy term. My concern is if I die today then my nominee will get death benefits as usual (SA+Bonus+Final additional Bonus). Is she will get extra 500000 as normal life risk which has mentioned as whole life risk cover???

Wrote :

18-07-2020 23:56:49

In Jeevan Anand (815), death claim amount is 125% of Basic Sum Assured + Bonus + FAB, so, in your case, it is 6,25,000 + Accrued Bonus till the time of death + FAB (if any) and policy terminates. Whole life cover is not applicable if death happens during premium payment term.

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Wrote :

13-07-2020 19:44:19

Hi Sir,rnmy question is i took policy for "New Jeevan Anand (Plan-815)" and sum assured is 10 lakhs for 25 years. when i did calculation the yearly premium should be 40k, why i am paying installment premium 43,227.00 (excluding tax). rnkindly reply with details.

Wrote :

14-07-2020 00:47:09

Your age has been calculated as 28 years, in LIC, 27 years and 7 months is considered as 28 years as per LIC nearest birthday concept. Apart from this, your policy includes Accidental Death and Disability benefit rider, that why premium is 43,227.

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Wrote :

23-06-2020 12:14:11

My premium paying term is 15 years from 2010 started but maturity date showing 2085 so i need clearance when is my premium will get maturity ?

Wrote :

23-06-2020 16:42:37

It seems that you plan is Jeevan Anand 149, in that plan your maturity will happen after premium paying term.

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Wrote :

09-06-2020 13:10:49

The closest one could get to the estimated maturity amount is through your calculator. Thank you.

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Wrote :

04-06-2020 17:23:13

How to Check That i opt for accidental Rider Or Not in Plan No. 815...

Wrote :

05-06-2020 20:57:13

You can find it on policy document. Otherwise you can use premium calculator to calculate with and without rider and find it yourself. Premium calculator is available on thus site.

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Wrote :

18-05-2020 15:15:15

Will I get risk cover amount with maturity amount.

Wrote :

19-05-2020 20:07:31

Maturity will be your basic sum assured + Bonus + FAB and after this, your lifetime risk cover will be equal to basic sum assured.

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Wrote :

10-05-2020 09:50:13

After policy maturity complete and person death after 2 year from maturity. What amount will be received by LIC?

Wrote :

10-05-2020 23:47:14

Nominee will get death claim amount which will be equal to Basic Sum Assured.

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