Calculate Complete premium of LIC New Endowment Plan [Modified, Table No. 914] as per your age, term and Sum Assured.

Maturity calculator for new endowment plan (914) is a simple tool to learn about the plan by calculating premium, year-wise life cover and maturity as per individual’s details. This plan is available for individuals who are aged between 8- 55 years and they can choose a policy term between 12-35 years.

Maturity: After completion of policy term, this policy provides maturity which is equal to Basic Sum Assured + Simple Revisionary Bonus (Bonus) added during policy term + Final Additional Bonus, provided all due premiums are paid.

Death Benefit (Life Cover):  In case of death of the policyholder during policy term, death claim is available to nominee. Death Claim amount will be Death Sum Assured + Simple Revisionary Bonus (Bonus) added till the time of death + Final Additional Bonus (if any). Death Sum Assured is higher of Basic Sum Assured or 7 times of annualized premium.

Accidental Death & Disability Benefit (AD & DB) Rider: On payment of additional premium, AD & DB rider can be opted if policy holders age 18 years or above. It provides additional death claim amount in case of accidental death. In case of permanent disability due to accident, all further premiums of this rider and base plan are waived off and sum assured amount is paid in monthly installments spread over next 10 years.

Term Rider: On payment of additional premium, Term Assurance rider can be opted if policy holders age 18 years or above. It provides additional death claim amount equal Term Rider Sum Assured to Nominee in of case Death of Policyholder. There will not be any maturity value if policyholder survives policy term.