LIC Nivesh Plus Plan 749 Calculator
Unit Linked · Non-Participating · Single Premium · Individual Life Insurance Plan
ULIP — Market-Linked Plan: LIC Nivesh Plus is a Unit Linked Insurance Plan. You pay a one-time single premium; the fund value depends on market performance of the chosen fund. Projected values at 4% and 8% gross returns are illustrative only as per IRDAI guidelines — actual fund value may be higher or lower. Investment risk is borne by the policyholder.
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Single Premium, Age, Term, Fund & BSA Option
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Minimum ₹1,25,000. Payable in multiples of ₹5,000. One-time lump sum only.
Single Premium must be at least ₹1,25,000 and in multiples of ₹5,000.
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Option 1: 0–70 years | Option 2: 0–35 years
Age out of range for selected BSA option.
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Option 1: 10–25 years | Option 2: depends on age at entry
Term out of range for the selected BSA option and age.
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Maturity Projection Summary
Illustrative projections at 4% & 8% assumed gross returns (as per IRDAI guidelines)
Single Premium Paid (One-Time)
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Allocated Amount (after PAC + GST)
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Basic Sum Assured (Death Cover)
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Total Guaranteed Additions
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Projected Maturity @4% Gross
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Projected Maturity @8% Gross
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Net Yield @8% (Annualized Return on SP)
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Key Metrics
At-a-glance snapshot for this policy
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Single 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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Fund Growth (@8% vs SP)
Guaranteed Additions & Policy Charges
Additions credited to Unit Fund at milestone years; charges as per plan terms
Fund Value Growth Projection
Projected Fund Value @4% and @8% vs Single Premium invested
Year-wise Benefit Illustration
Projected fund value and death benefit at 4% and 8% gross returns — both scenarios identical for Guaranteed Additions
| Year | Age | GA (₹) | @ 4% Gross Return | @ 8% Gross Return | ||
|---|---|---|---|---|---|---|
| Fund Value (₹) | Death Benefit (₹) | Fund Value (₹) | Death Benefit (₹) | |||
Disclaimer: This calculator is for illustration purposes only. LIC Nivesh Plus Plan 749 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 (PAC: 3.30% offline / 1.50% online, with 18% GST), Fund Management Charge of 1.35% p.a. (embedded in daily NAV), and Mortality Charge (with 18% GST, deducted only when BSA > Fund Value). Guaranteed Additions (% of Single Premium) are credited only if policy is in-force at milestone year-end. Death Benefit = higher of BSA (less PW in last 2 yrs) or Fund Value. Maturity Benefit = Fund Value only. No Loan. No Top-up. Partial withdrawal allowed after 5-year lock-in; minimum balance = Single Premium paid. 5-year discontinuance charge applies if surrendered early. Rider: LIC Linked Accidental Death Benefit Rider (UIN: 512A211V02). Investment in securities market is subject to market risks. Please read all policy documents carefully. Consult LIC or visit licindia.in. LIC Nivesh Plus — Plan No. 749 (UIN: 512L317V02).
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 »