Contents
About LIC Bonus Rates
Here we have provided the LIC Bonus Rates of Simple Reversionary Bonus, Interim Bonus, Final Additional Bonus and Loyalty Additions. These are the LIC Bonus Rates that have been declared as a result of valuation of the Corporation’s Business as per 2015. These Bonus rates of Lic regarding Interim Bonus, FAB, Loyalty Additions and Simple Reversionary Bonus will apply to participating policies.
Lic Bonus Chart of Simple Reversionary and Interim Bonus
LIC Bonus Rates of Simple Reversionary Bonus and Interim Bonus in respect of participating policies are as given in below table.
|
Group |
Plan |
Term |
Reversionary Bonus Rate % Sum Assured (**) |
Interim Bonus Rate % Sum Assured (**) |
|
(*) |
||||
| 1 | Whole Life type (Plans 2, 5, 6, 8, 10, 28 (Before Conversion), 35, 36, 37, 38, 49,77,78, 85 & 86) | 70 | 70 |
|
Group |
Plan |
Term |
Reversionary Bonus Rate % Sum Assured (**) |
Interim Bonus Rate % Sum Assured (**) |
|
(*) |
||||
| 2 | Endowment type (Plans 14, 17, 27 (After Conversion), 28 (After Conversion), 34, 39 40, 41, 42, 50, 54, 79, 80, 81, 84, 87, 90, 91, 92, 95, 101, 102, 103, 109, 110 & 121) | < 11 | 34 | 34 |
| 11 to 15 | 38 | 38 | ||
| 16 to 20 | 42 | 42 | ||
| > 20 | 48 | 48 | ||
| 3 | New Endowment (Plan 814) | 12 to 15 | 38 | 38 |
| 16 to 20 | 42 | 42 | ||
| > 20 | 48 | 48 | ||
| 4 | Single Premium Endowment (Plan 817) | 10 to 15 | 40 | 40 |
| 16 to 20 | 45 | 45 | ||
| > 20 | 50 | 50 | ||
| 5 | Money Back Assurances (Plans 75 & 93) | 20 | 39 | 39 |
| 25 | 44 | 44 | ||
| 6 | New Money Back (Plans 820 & 821) | 20 | 39 | 39 |
| 25 | 44 | 44 | ||
| 7 | Jeevan Surabhi (Plans 106, 107 & 108) | 15 | 34 | 34 |
| 20 | 41 | 41 | ||
| 25 | 50 | 50 | ||
| 8 | Jeevan Mitra (Double Cover plan), Jeevan Saathi, Limited Premium Endowment (Plans 88, 89, 48) | <16 | 40 | 40 |
| 16 to 20 | 44 | 44 | ||
| > 20 | 48 | 48 | ||
| 9 | Jeevan Mitra (Triple Cover Plan: Plan 133) | <16 | 40 | 40 |
| 16 to 20 | 45 | 45 | ||
| > 20 | 50 | 50 | ||
| 10 | Jeevan Anand (Plan 149) | <11 | 37 | 37 |
| 11 to 15 | 40 | 40 | ||
| 16 to 20 | 44 | 44 | ||
| >20 | 48 | 48 |
|
Group |
Plan |
Term |
Reversionary Bonus Rate % Sum Assured (**) |
Interim Bonus Rate % Sum Assured (**) |
|
(*) |
||||
| 11 | New Jeevan Anand (Plan 815) | 15 | 40 | 40 |
| 16 to 20 | 44 | 44 | ||
| >20 | 48 | 48 | ||
| 12 | Jeevan Rekha (Plan 152) | <11 | 49 | 49 |
| 11 to 15 | 44 | 44 | ||
| 16 to 20 | 40 | 40 | ||
| >20 | 34 | 34 | ||
| 13 | Jeevan Anurag (Plan 168) | < 11 | 38 | 38 |
| 11 to 15 | 40 | 40 | ||
| 16 to 20 | 42 | 42 | ||
| > 20 | 44 | 44 | ||
| 14 | New Jeevan Suraksha – I (Plan 147) | < 6 | 21 | 21 |
| 6 to 10 | 27 | 27 | ||
| 11 to 15 | 31 | 31 | ||
| >15 | 35 | 35 | ||
| 15 | New Jeevan Dhara – I (Plan 148) | < 6 | 20 | 20 |
| 6 to 10 | 25 | 25 | ||
| 11 to 15 | 28 | 28 | ||
| >15 | 32 | 32 | ||
| 16 | Jeevan Tarang (Plan 178) | 10 | 47 | 47 |
| 15 | 48 | 48 | ||
| 20 | 49 | 49 | ||
| 17 | Jeevan Madhur (Plan 182) | < 11 | 21 | 21 |
| 11 – 15 | 26 | 26 |
|
Group |
Plan |
Term |
Reversionary Bonus Rate % Sum Assured (**) |
Interim Bonus Rate % Sum Assured (**) |
|
(*) |
||||
| 18 | Child Career (Plan 184) | 11 to 15 | 34 | 34 |
| 16 to 20 | 38 | 38 | ||
| >20 | 40 | 40 | ||
| 19 | Child Future (Plan 185) | 11 to 15 | 38 | 38 |
| 16 to 20 | 42 | 42 | ||
| >20 | 44 | 44 | ||
| 20 | Jeevan Bharti (Plan 160) | 15 | 38 | 38 |
| 20 | 40 | 40 | ||
| 21 | Jeevan Shree – I (Plan 162) | 10 | 43 | 43 |
| 15 | 44 | 44 | ||
| 20 | 47 | 47 | ||
| 25 | 51 | 51 | ||
| 22 | Jeevan Nidhi ( Plan 169) | <11 | 36 | 36 |
| 11 – 15 | 38 | 38 | ||
| 16 – 20 | 40 | 40 | ||
| > 20 | 42 | 42 | ||
| 23 | Jeevan Pramukh (Plan 167) | 10 | 45 | 45 |
| 15 | 46 | 46 | ||
| 20 | 49 | 49 | ||
| 25 | 53 | 53 | ||
| 24 | Jeevan Amrit (Plan 186) | 10 – 15 | 30 | 30 |
| 16 – 20 | 30 | 30 | ||
| > 20 | 30 | 30 | ||
| 25 | Jeevan Bharati I (Plan 192) | 15 | 29 | 29 |
| 20 | 31 | 31 |
(*) PPT (Premium Paying Term) in case of Jeevan Anand (Plan no. 149) and Jeevan Rekha (Plan no. 152); Accumulation period in case of Jeevan Tarang (Plan no. 178); Deferment Period in case of New Jeevan Suraksha – I (Plan no. 147), New Jeevan Dhara – I (Plan no. 148) and Jeevan Nidhi (Plan no. 169).
(**) In the case of New Jeevan Suraksha – I (Plan no. 147) and New Jeevan Dhara – I (Plan no. 148), bonus rates are per thousand Cash Option. In the case of Jeevan Madhur (Plan no. 182), bonus rates are per thousand death benefits SA (sum assured). In the case of Jeevan Amrit Plan, bonus rates are per thousand premium(s) paid.
LIC Bonus Rates of FAB (Final Additional Bonus)
Here we have provided the Lic Bonus Rates of Final Additional Bonus. Along with Simple Reversionary Bonus and Interim Bonus, LIC Bonus chart or LIC Bonus rates of FAB are also declared in respect of participating policies. Final Additional Bonus rates as per 2015 are as given in below table.
|
Terms in respect of maturities, discounted maturity claims / Number of years’ premiums paid in respect of claims by death (#) |
Amount of Final (Additional) Bonus per Rs 1000/- Sum Assured for policies with sum assured |
|||
|
Up to 25,000 |
25,001 to 50,000 |
50,001 to 1,99,999 |
2,00,000 and above |
|
| 15 | 0 | 0 | 10 | 20 |
| 16 | 0 | 0 | 15 | 25 |
| 17 | 0 | 10 | 20 | 30 |
| 18 | 10 | 15 | 25 | 35 |
| 19 | 15 | 20 | 30 | 50 |
| 20 | 20 | 25 | 40 | 70 |
| 21 | 25 | 30 | 50 | 100 |
| 22 | 30 | 50 | 80 | 150 |
| 23 | 35 | 100 | 150 | 250 |
| 24 | 70 | 150 | 230 | 350 |
| 25 | 170 | 250 | 330 | 450 |
| 26 | 270 | 350 | 430 | 550 |
| 27 | 370 | 450 | 540 | 670 |
| 28 | 470 | 550 | 650 | 790 |
| 29 | 570 | 650 | 760 | 910 |
| 30 | 670 | 750 | 900 | 1100 |
|
Terms in respect of maturities, discounted maturity claims / Number of years’ premiums paid in respect of claims by death (#) |
Amount of Final (Additional) Bonus per Rs 1000/- Sum Assured for policies with sum assured |
|||
| Up to25,000 | 25,001 to50,000 | 50,001 to1,99,999 | 2,00,000 and above | |
| 31 | 800 | 900 | 1100 | 1300 |
| 32 | 950 | 1050 | 1300 | 1550 |
| 33 | 1100 | 1200 | 1550 | 1800 |
| 34 | 1250 | 1350 | 1700 | 2050 |
| 35 | 1400 | 1500 | 1850 | 2300 |
| 36 | 1550 | 1650 | 2050 | 2550 |
| 37 | 1700 | 1800 | 2250 | 2800 |
| 38 | 1850 | 1950 | 2500 | 3050 |
| 39 | 2000 | 2100 | 2750 | 3300 |
| 40 & above | 2150 | 2500 | 3000 | 3550 |
(#) In the case of death claims under Single Premium / Fully Paid-up Limited Premium Payment policies the no. of years in the 1st column indicates the no. of policy years elapsed inclusive of the policy year in which the death takes place.
|
Terms in respect of maturities, discounted maturity claims / Number of years’ premiums paid in case of premium paying policies, Duration** elapsed in the case of fully paid up policies in respect of claims by death |
Amount of Final (Additional) Bonus Per Rs. 1000/- Sum Assured for policies with Sum Assured |
|||
| Up to25,000 | 25,001 to50,000 | 50,001 to1,99,999 | 2,00,000& above | |
| Below 15 | 0 | 0 | 0 | 0 |
| 15 – 19 | 0 | 0 | 15 | 20 |
| 20 | 0 | 10 | 30 | 40 |
| 21 – 24 | 10 | 20 | 30 | 40 |
| 25 | 40 | 150 | 175 | 225 |
** Duration = Policy anniversary following date of claim minus Date of commencement
|
Policy Term in respect of Maturities / Duration** elapsed in respect of claims by death |
Amount of Final (Additional) Bonus Per Rs. 1000/- sum assured for policies with sum assured |
|||
| Up to 25,000/- | 25,001 to 50,000 | 50,001 to 1,99,999 | 2,00,000 and above | |
| Below 15 | 0 | 0 | 0 | 0 |
| 15 – 19 | 0 | 0 | 20 | 30 |
| 20 | 40 | 50 | 75 | 100 |
| 21 – 24 | 40 | 80 | 100 | 125 |
** Duration = Policy anniversary following date of claim minus Date of commencement
We have provided the accurate information about Lic Bonus Rates.
I have insured LIC policy under plan 14/14/25 for period of 25 years on July 1993 for Rs. 1lacs which is due on 1st july 2018 without any missing premium.
Kindly inform me what addition bonus receivable and any other benifit receive on matuarity
Anil parekh
vinod kumar singh my policyn no 312302028 premium is rs 11940 complitedpolicy whou released amount additional loyality and bonus
Type of policy no.197625648
I have of policy of Jeevan mitra ending on 15,11,2019….maturity date..15,2,2020……sum assured Rs 100000 ..one laks..plz specify the amount I will get at maturity….quarterly premium Rs 1610..date of commencement 15,2,2002……
I have taken a New Endowment plan with sum assured 2450000 for 21 yrs. term plan. Please let me know how much normal -bonus & how much final additional bonus I am going to get after policy maturity in 2035. your early reply will be highly appreciated.
You will get 5164000 aprox.
I have jeevan saral of Rs 24020 sum assured 500000 seven premium is paid what is surrender value
Pls. dont surrender this policy, because Jeevan saral policy taken maturity after 10 yaer. So you take maturity after 3 year.
My policy premium completed in 2014. My policy assured amount is rs. 50000. I want surrend the policy bond now. My date of birth is 12-10-1996. Policy commencement is 1997 march. I got first instalment in 2015. Rs. 10000 as a bonus. Now I need money for my engineering study.