Insurance Return Calculator

For LIC-style endowment / money-back plans — enter your premium, sum assured and bonus rate to see the maturity value, annualised return (IRR) and the full year-by-year cashflow.

🔒 Runs entirely in your browser — nothing is sent anywhere

Policy details

The basic sum assured on your policy — not your premium.

Years until maturity.

Years you pay premium — can be less than the policy term (limited pay). Capped to the policy term.

Premium

How should we get your annual premium?

The level annual premium from your policy or quotation, excluding GST.

Bonus

Simple reversionary bonus your insurer declares each year. Check your policy's recent bonus notice for the actual rate.

One-time, paid only at maturity. Leave at 0 if your plan doesn't have one.

Leave blank if it keeps accruing all the way to maturity (most endowment plans). Set this if it stops earlier — e.g. at the end of the premium term, or a separate "guaranteed addition period" some whole-life plans define.

Income / money-back benefit

For whole-life or money-back style plans that pay a regular yearly amount on top of (or instead of) a maturity lump sum. Leave the rate at 0 for a plain endowment plan.

Leave blank to pay through the final policy year.

Frequently Asked Questions

What kind of insurance plans does this work for? ▼
This is built for traditional participating plans — endowment and money-back plans like LIC's, where you pay a level annual premium and the insurer adds a bonus (declared yearly, per ₹1,000 of sum assured) on top of the sum assured at maturity. It is not designed for ULIPs (market-linked, no fixed bonus) or pure term insurance (no maturity payout).
What is a simple reversionary bonus? ▼
It's the amount your insurer declares each year, per ₹1,000 of your sum assured, and adds to your policy. Once declared it's guaranteed — but each year's rate is set by the insurer and isn't promised in advance, so bonuses from 15–20 years ago don't guarantee the same rate going forward.
What's a Final Additional Bonus (FAB)? ▼
A one-time, extra bonus some plans pay only if the policy runs its full term (i.e. matures rather than being surrendered early), on top of the regular yearly bonus. Not every plan has one — leave it at 0 if yours doesn't.
Why is the annualised return (IRR) so much lower than the absolute return? ▼
Absolute return compares only the final maturity value to what you paid in total, ignoring when you paid it. IRR accounts for time — money paid in year 1 has been locked up far longer than money paid in year 14 — so it's the more honest "return per year" figure to compare against an FD, PPF or SIP.
How does the 'estimate from my age' mode work? ▼
It applies a sample, illustrative rate table (premium per ₹1,000 sum assured, by age) to estimate a plausible annual premium — it is not sourced from any specific insurer's actual premium chart. For an accurate result, switch to "I know my premium" and enter the exact premium from your policy or quotation.
Is my maturity amount tax-free? ▼
Usually yes, under Section 10(10D) — but only if your annual premium is ₹5,00,000 or less, for policies issued on or after 1 April 2023 (older policies follow the pre-2023 rules). Above that, a portion of the maturity proceeds becomes taxable. This calculator flags it, but always confirm with your policy document.
Does this replace my insurer's official benefit illustration? ▼
No. Bonus rates change year to year and this tool uses whatever rate you enter — it doesn't know your actual insurer's current declared rate unless you look it up and type it in. Treat this as a way to understand and compare cashflows, not as a substitute for your insurer's signed benefit illustration.
Is my data private? ▼
Yes — everything runs in your browser. Your premium, sum assured and personal figures are never uploaded, stored or seen by anyone.

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