LIC Jeevan Rakshak Plan 827 Maturity Calculator [Updated]

LIC Jeevan Rakshak Plan 827 – Maturity Calculator

Participating, non-linked plan • Maturity = Basic Sum Assured + Loyalty Addition (if any)

Annual Premium (approx.)

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Computed from brochure’s sample tabular rates & rebates.

Maturity (BSA + LA)

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LA = input × (BSA/₹1,000). Non-guaranteed.

Sum Assured on Death (rule)

Higher of BSA / 10×AP / 105% premiums

As per brochure; live table below shows year-wise min value.

Maturity = Basic Sum Assured + Loyalty Addition (if any). Loyalty Addition is non-guaranteed and payable as declared by LIC (eligible on maturity or death after 5th policy year). Eligibility, rebates, and rules per LIC Jeevan Rakshak brochure (Plan 827). Taxes, extra premiums, and riders are excluded. This is an educational calculator.

When we invest in a life insurance policy, we want two things. We want protection and returns.
The LIC Jeevan Rakshak Plan 827 gives both. It is a simple, low-premium endowment plan by the Life Insurance Corporation of India (LIC).

This post will help you understand everything about it. We will also learn how to use the LIC Jeevan Rakshak Plan 827 Maturity Calculator step by step.

What Is LIC Jeevan Rakshak Plan 827?

The LIC Jeevan Rakshak (Plan 827) is a non-linked, with-profits endowment plan.
It means your money is not linked to the stock market. You get a fixed sum assured plus loyalty addition at the end of the policy term.

It is ideal for people who want life cover, savings, and a lump sum maturity amount after a fixed term.

Key Features of LIC Jeevan Rakshak

Feature	Details
Plan Type	Endowment Plan (with profit)
Plan Number	827
Minimum Sum Assured	₹75,000
Maximum Sum Assured	₹2,00,000
Policy Term	10 to 20 years
Premium Payment Term	Equal to policy term
Eligibility Age	8 to 55 years
Maximum Maturity Age	70 years
Loyalty Addition	Payable after 5 years (if declared)
Loan Facility	Available after 3 years
Surrender Value	Available after 3 years
Death Benefit	Sum Assured + Loyalty Addition (if any)

What Is LIC Jeevan Rakshak Plan 827 Maturity Calculator?

A maturity calculator helps you estimate how much you will get at the end of your policy.
It shows the total maturity benefit — the sum assured plus loyalty addition (bonus).

You need to enter:

Your age
Your policy term
Your sum assured
Your premium amount

Then the LIC Jeevan Rakshak maturity calculator shows your final maturity value.

How Maturity Value Is Calculated

LIC Plan 827 maturity calculator calculated very simple way. The maturity value under the LIC Jeevan Rakshak Plan 827 is:

Maturity Value = Basic Sum Assured + Loyalty Addition

Let’s understand with an example.

Example Table

Particular	Amount
Sum Assured	₹2,00,000
Policy Term	20 years
Loyalty Addition (say ₹50 per ₹1,000 SA)	₹10,000
Total Maturity Value	₹2,10,000

💡 Note: The loyalty addition depends on LIC’s performance and is declared at the end of the term.

Benefits of LIC Jeevan Rakshak Plan 827

1. Maturity Benefit

You get the sum assured plus loyalty addition on completion of the policy term.

2. Death Benefit

If the policyholder dies during the policy term:

The nominee receives the Sum Assured on Death, and
Loyalty Addition, if applicable.

The Sum Assured on Death is the higher of:

10 × Annual Premium
Basic Sum Assured
105% of total premiums paid till death

3. Tax Benefits

You can claim deductions under Section 80C and Section 10(10D) of the Income Tax Act.

4. Loan Facility

You can take a loan after three full years of premium payment.

5. Surrender Value

If you surrender the policy after three years, you will get the Guaranteed Surrender Value or Special Surrender Value, whichever is higher.

Loyalty Addition and Bonus Details

The loyalty addition is LIC’s reward to policyholders.
It is not declared every year. It is added only once — at maturity or on death (after 5 years of full premiums).

So, your LIC Jeevan Rakshak bonus calculation depends on how LIC performs in that period.
Higher profits mean a higher loyalty addition.

LIC Jeevan Rakshak Plan 827 Details at a Glance

Parameter	Details
Plan Type	Endowment (with Profit)
Minimum Age	8 years
Maximum Entry Age	55 years
Maximum Maturity Age	70 years
Minimum Sum Assured	₹75,000
Maximum Sum Assured	₹2,00,000
Policy Term	10–20 years
Premium Payment Mode	Yearly, Half-yearly, Quarterly, Monthly
Death Benefit	Higher of 10× Annual Premium or Basic Sum Assured
Maturity Benefit	Sum Assured + Loyalty Addition
Surrender Value	Available after 3 years
Loan Facility	Yes

How to Use LIC Jeevan Rakshak Plan 827 Maturity Calculator

Visit the official LIC website or a reliable insurance portal.
Select “LIC Jeevan Rakshak Plan 827 Maturity Calculator.”
Enter your age, sum assured, policy term, and premium mode.
Click “Calculate.”
The calculator will show your estimated maturity value and premium details.

👉 This tool helps you plan better. You can compare different policy terms and choose what suits your budget.

💡 Why You Should Use the Maturity Calculator

Helps you plan future savings.
Shows expected maturity benefit in seconds.
Easy to use — no manual math needed.
Helps in comparing policies before buying.
100% free and accurate.

🧾 Final Thoughts

The LIC Jeevan Rakshak Plan 827 is a perfect mix of protection and savings.
It is designed for those who want life cover and a guaranteed lump sum without any market risk.
If you use the LIC Jeevan Rakshak Plan 827 maturity calculator, you can easily know your return before buying.

This makes your decision smarter and safer.

Source: https://licindia.in/lic-s-jeevan-rakshak-plan-no.-827-uin-512n289v01-

Other Related LIC Plan Calculators:

FAQs on LIC Jeevan Rakshak Plan 827 Maturity Calculator

1. What is the minimum and maximum sum assured in LIC Jeevan Rakshak Plan 827?

The minimum is ₹75,000, and the maximum is ₹2,00,000.

2. How is maturity calculated in LIC Jeevan Rakshak Plan 827?

It is calculated as Sum Assured + Loyalty Addition.

3. When does the loyalty addition apply?

It applies after 5 years of policy and is paid at maturity or on death.

4. Can I use an online maturity calculator for free?

Yes, most LIC maturity calculators are free and easy to use.

5. What is the surrender value in LIC Jeevan Rakshak Plan 827?

If you surrender after 3 years, you get the Guaranteed Surrender Value or Special Surrender Value, whichever is higher.

LIC Jeevan Rakshak Plan 827 Maturity Calculator – Simple Guide for Everyone