LIC Guaranteed Addition Calculator
Evaluate annual guaranteed additions added to your life insurance policy base as per contractual plan schedules.
| Year | GA Added in Year | Cumulative GA | Net Value |
|---|---|---|---|
| Year 1 | ₹50,000 | ₹50,000 | ₹10,50,000 |
| Year 2 | ₹50,000 | ₹1,00,000 | ₹11,00,000 |
| Year 3 | ₹50,000 | ₹1,50,000 | ₹11,50,000 |
| Year 4 | ₹50,000 | ₹2,00,000 | ₹12,00,000 |
| Year 5 | ₹50,000 | ₹2,50,000 | ₹12,50,000 |
| Year 6 | ₹50,000 | ₹3,00,000 | ₹13,00,000 |
| Year 7 | ₹50,000 | ₹3,50,000 | ₹13,50,000 |
| Year 8 | ₹50,000 | ₹4,00,000 | ₹14,00,000 |
| Year 9 | ₹50,000 | ₹4,50,000 | ₹14,50,000 |
| Year 10 | ₹50,000 | ₹5,00,000 | ₹15,00,000 |
| Year 11 | ₹50,000 | ₹5,50,000 | ₹15,50,000 |
| Year 12 | ₹50,000 | ₹6,00,000 | ₹16,00,000 |
| Year 13 | ₹50,000 | ₹6,50,000 | ₹16,50,000 |
| Year 14 | ₹50,000 | ₹7,00,000 | ₹17,00,000 |
| Year 15 | ₹50,000 | ₹7,50,000 | ₹17,50,000 |
| Year 16 | ₹50,000 | ₹8,00,000 | ₹18,00,000 |
| Year 17 | ₹50,000 | ₹8,50,000 | ₹18,50,000 |
| Year 18 | ₹50,000 | ₹9,00,000 | ₹19,00,000 |
| Year 19 | ₹50,000 | ₹9,50,000 | ₹19,50,000 |
| Year 20 | ₹50,000 | ₹10,00,000 | ₹20,00,000 |
₹10,00,000
Adds ₹50,000 to the policy value annually.
• Guaranteed Additions are contractually defined in the policy document and do not depend on LIC's annual profitability.
• GA values are added at the end of each policy year and paid out at maturity or death.
What are Guaranteed Additions?
Guaranteed Additions (GA) are predefined bonuses that are added contractually to your policy balance annually or at specific intervals, regardless of corporate surplus valuations.
- Fixed Rates: Specified at plan inception, e.g., ₹50 per ₹1,000 Sum Assured per year.
- No Market Volatility: GA additions are independent of LIC's annual bonus valuations, guaranteeing returns.
Compounding Impact
Guaranteed additions are typically paid out at policy maturity or upon death, significantly boosting your final proceeds over long horizons.
Frequently Asked Questions (FAQ)
Which LIC plans feature Guaranteed Additions?
Flagship savings and annuity plans like Jeevan Utsav, Bima Jyoti, or Jeevan Azad feature contractually guaranteed additions.
Are guaranteed additions paid out during the policy term?
Guaranteed Additions accumulate in the policy account and are paid out along with maturity proceeds or death claim settlements.
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