| Mode | Premium | GST | Total |
|---|
Premium includes Goods and Services Tax (GST). The present GST Rate for First Policy Year is 4.5%, and second year onwards the rate becomes 2.25%.
| Sum Assured | Bonus (approx.) | FAB (approx.) | Total Maturity (approx.) |
|---|
Maturity value of LIC New Endowment Plan is available after completion of Policy Term and maturity will be equal to Basic Sum Assured + Accumulated Simple Reversionary Bonus + Final Additional Bonus (FAB) if any.
Benefit shown assumes death during year 10. Actual bonus depends on year of death.
| Year | Age | Paid Premium | Normal Life Cover | Accidental Life Cover |
|---|
• Normal Life Cover = Death SA + Term Rider SA (if opted) + Bonus + FAB (if any).
• Accidental Life Cover = Death SA + Accidental SA (if opted) + Term Rider SA (if opted) + Bonus + FAB (if any).
📜 Please Note: Bonus & FAB are illustrative, non-guaranteed, and depend on LIC’s future performance & declarations.