LIC Vested Bonus Calculator
Evaluate simple and compounded reversionary bonus additions accrued annually on traditional life insurance policies.
₹4,50,000
Based on a rate of ₹45 per ₹1,000 Sum Assured over 20 years.
• Vested Reversionary Bonuses are declared annually and accumulate inside the policy, payable only at maturity or death claim.
• Once declared, these bonuses are guaranteed/vested and cannot be revoked by the insurer.
Reversionary Bonus Slabs
Reversionary bonuses are declared by LIC annually per ₹1,000 Sum Assured based on policy type and duration.
- Simple Reversionary: Added annually based on the basic Sum Assured alone.
- Compounded Reversionary: Added annually based on the basic Sum Assured plus all bonuses previously accrued in the account.
Surplus Sharing
LIC shares 90% to 95% of its actuarial valuation surplus with policyholders under participating life insurance plans, guaranteeing safe long-term wealth growth.
Frequently Asked Questions (FAQ)
When does the reversionary bonus vest in a policy?
The bonus is declared after LIC's annual audit valuation (usually in August or September) and vests in your active policy immediately, payable on maturity or death claims.
What is the typical bonus rate for Jeevan Labh or New Endowment?
Reversionary bonus rates typically range between ₹38 to ₹48 per ₹1,000 Sum Assured per year depending on the policy term.
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