LIC Index Plus Plan 873 Calculator
Unit Linked · Non-Participating · Regular Premium · Individual Life Insurance Plan
ULIP — Market-Linked Plan: LIC Index Plus is a Unit Linked Insurance Plan. Returns depend on market performance of NIFTY 100 / NIFTY 50 index. The projected values at 4% and 8% are illustrative only as per IRDAI guidelines — actual fund value may be higher or lower. This calculator is for illustration and comparison only. Past performance is not a guarantee of future results.
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Premium, Age, Term, Fund Type & Channel
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Min: ₹30,000 (Yearly) / ₹15,000 (Half-Yearly) / ₹7,500 (Quarterly) / ₹2,500 (Monthly)
Enter a valid premium instalment for the selected mode.
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Completed age: 0 to 50 years (10x BSA) or 0 to 60 years (7x BSA)
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Min 15 years (AP < ₹48,000) or 10 years (AP ≥ ₹48,000). Max 25 years.
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Maturity Projection Summary
Illustrative projections at 4% & 8% assumed gross returns (as per IRDAI guidelines)
Total Premiums to be Paid
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Basic Sum Assured (Death Cover)
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Total Guaranteed Additions
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Maturity Benefit @4% Gross
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Maturity Benefit @8% Gross (incl. Mortality Refund)
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Net Yield @8% (Customer IRR)
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Key Metrics
At-a-glance snapshot for this policy
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Annualized Premium
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Basic Sum Assured
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Total Guaranteed Additions
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Projected Maturity @8%
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Net Yield @8%
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Mortality Charge Refund
Guaranteed Additions & Policy Charges
Milestone additions credited to Unit Fund; charges as per policy terms
Fund Value Growth Projection
Projected Fund Value @4% and @8% vs Cumulative Premium Paid
Year-wise Benefit Illustration
Projected fund value and death benefit at 4% and 8% assumed gross returns
| Year | Age | Cum. Premium (₹) | Guaranteed Addition (₹) | @ 4% Gross Return | @ 8% Gross Return | ||
|---|---|---|---|---|---|---|---|
| Fund Value (₹) | Death Benefit (₹) | Fund Value (₹) | Death Benefit (₹) | ||||
Disclaimer: This calculator is for illustration purposes only. LIC Index Plus Plan 873 is a Unit Linked Insurance Plan (ULIP) — returns are market-linked and not guaranteed. The projected values at 4% p.a. and 8% p.a. gross returns are illustrative as mandated by IRDAI and do not represent minimum or maximum returns. Charges include: Premium Allocation Charge (with 18% GST), Fund Management Charge of 1.35% p.a. (embedded in NAV), Policy Administration Charge from Year 6, and Mortality Charge (with 18% GST). Guaranteed Additions are credited only if the policy is in-force and all due premiums have been paid. Refund of Mortality Charges is payable on maturity if policy is in-force with all premiums paid — excludes extra charges and GST. Partial withdrawal allowed after 5-year lock-in. 5-year discontinuance charge applies if policy lapses. Riders available: LIC Linked Accidental Death Benefit Rider (UIN: 512A211V02). Investment in securities market is subject to market risks. Read all scheme related documents carefully. Consult LIC or visit licindia.in for personalised projections. LIC Index Plus — Plan No. 873 (UIN: 512L354V01).
Mohibul Islam
LIC Agent & Web DeveloperMohibul Islam is an LIC agent with 7+ years of experience. He also works in web development and blogging. He creates simple tools on LIC Plan Calculator to help people understand LIC plans, calculate benefits, and make better financial decisions easily. Read More About »