Are you planning to purchase the LIC Premium plan? You might want to know its premium amounts certainly. The LIC single premium endowment plan 917 maturity calculator is an online tool provided to the LIC plan user to calculate the premium details by giving some details. You can learn about maturity benefits, death benefits, riders benefits, and tax benefits through it. If you want to secure your family in the future financially then you must go through the LIC plans.
You can use the LIC 917 maturity calculator to know all the amounts regarding the plan on the official website of LIC. In case of your unfortunate demise, your family who is the nominee will get all the secured amount of the premiums. They can live a peaceful life in terms of finances.
What is the LIC Single Premium Endowment Plan 917 Maturity Calculator?
LIC single premium endowment plan is a policy plan provided by LIC to protect your family’s future. It is a participating non-linked saving plan which acts as a protection plan. This plan is a combination that is a protection against death during the policy term duration. The tenure is beneficial to secure the financial needs of the family after the policyholder’s death. It is a good plan for the survival and future education of your children. The nominee gets the amount after the maturity tenure of the policy. This plan takes care of the liquidity needs through its loan facility.
You can use the LIC single endowment plan 917 maturity calculator to calculate all the premium details. Death benefits, maturity benefits, and participation benefits are included in the endowment plan 917. It guarantees a lot of cash in the event of sudden passing or when the strategy arrives at development. As a participating policy, it shares in the Corporation’s profits and receives bonuses throughout the policy term. Together with the Sum Assured at maturity, these bonuses are paid to the insured.
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Parameter of LIC Single Endowment Plan 917 Maturity Calculator
Let’s look at the parameter of the LIC plan 917 maturity calculator. LIC single premium endowment plan 917 maturity calculator will let you know about the amounts of plans and premiums.
Age | 90 days -65 years |
Policy term | 10 years – 25 years |
Sum assured | Minimum amount – Rs . 50,000
Maximum amount- No limit |
Premium payment | On-time |
How are the Premium and the Amount Guaranteed to Mature Determined?
The Total guaranteed amount on maturity relies upon many variables. It is presumed that a customer has specific requirements in mind when looking for an insurance plan. These typically include the number of years they want to spend protecting their family’s finances after they pass away. They could likewise have a specific sum they would want at maturity in return for an investment. This can be known with the help of the LIC single premium endowment plan 917 maturity calculator.
According to your budget, you can calculate the amount in the LIC 917 maturity calculator. The higher the amount guaranteed on maturity, the higher would be the premium. The insured’s age, the length of the policy, and any additional benefits are all factors in determining the premium. A client will pay a higher premium, he/she can raise the maturity amount. This will guarantee a greater return on investment.
How to use the LIC Single Endowment Plan 917 Maturity Calculator?
LIC provides this wonderful LIC 917 maturity calculator for its valuable customers to calculate the maturity amount and all the details in a single LIC 917 premium calculator. You can use LIC 917 Maturity Calculator on the official website of LIC. LIC is a trusted website for millions of investors so it never lacks anything to make its customer work easy and hassle-free.
So, the LIC 917 premium calculator is the best thing to find before investing in the LIC plan. Its accuracy will not lead to any mistakes or losses. Instead, the LIC plan 917 premium calculator helps you to understand how much you have to invest to get the maturity amount you want.
You will find the LIC 917 maturity calculator on the official website of LIC. Then you will have to enter all the details asked there. You will have to put the details and values without a mistake and submit it. That’s it! LIC single endowment plan 917 maturity calculator will come up with an accurate result.
Understanding LIC Single Premium Endowment Plan 917 Maturity Calculator
LIC single endowment plan 917 maturity calculator is a tool that calculates all the amount details of the policy. After the maturity of the policy nominee receives the amount. The maturity amount can be easily calculated by this LIC single premium endowment plan 917 maturity calculator. It is equal to the basic sum assured and a simple revisionary bonus. It is easily accessible on the official website of LIC.
This helps an investor to calculate all the details regarding the premium like how much he/she will get after the maturity, and bonus value by giving the amount and all the personal details. LIC 917 Maturity Calculator helps to arrange the financial budget and plan for the future. It is accurate and shows exact the true amount regarding premium.
LIC plan 917 maturity calculator makes things easy for the customer to calculate their premium amounts so that they can easily know how much investment would profit them. So, you can know all about the plans by calculating the sum using the LIC Single Premium Endowment Plan 917 Maturity Calculator.
What are the Required Details?
Details required to calculate the maturity amount in the LIC 917 maturity calculator are given below
- Name
- Gender
- Date of Birth
- Mobile Number
Policy details are required to use the LIC 917 maturity calculator which is given below
- Date of Policy Commencement.
- Date of Premium Payment.
- Mode of Payment.
- Assured Amount.
- Policy Term
Advantages of Using LIC Single Premium Endowment Plan 917 Maturity Calculator
As we have discussed above how LIC 917 maturity calculator works. Let’s look at the advantages of using the LIC single endowment plan 917 maturity calculator.
1. Easy to Use
LIC single endowment plan 917 maturity calculator is an online tool. It is very easy to use. You just need to go to the LIC official website to use it.
2. Online Process
LIC single premium endowment plan 917 maturity calculator is available online on the LIC official website. So you can use it there. You can buy this LIC plan through the online process.
3. Reliable
You can check various premium plans according to your budget. You can easily calculate the plans in the LIC single premium endowment plan 917 maturity calculator and decide what suits your budget. It is reliable in all ways.
4. Accurate Result
LIC plan 917 maturity calculator calculates the accurate result. You might make a mistake while calculating the plans manually. So, use the LIC plan 917 maturity calculator to get the accurate result of the premium amount. It also provides information about the bonus amount of the policy.
5. Less Time
As we know the LIC plan 917 maturity calculator is an online process. It takes a few seconds to calculate all the premium amounts.
6. User Friendly
The LIC plan 917 maturity calculator is a user-friendly tool. Anybody who wants to know about the policy. You can use it as many times as you want to calculate.
Conclusion
LIC offers various policies to its users. We have had such policies to protect our family’s future for a long time. India is one of the most populated countries that needs such types of policy. The concept of a life insurance policy is very famous.
As we have known about the LIC single premium endowment plan 917 maturity calculator and its benefits, you easily avail of it now. The LIC 917 maturity calculator is also provided by LIC to know before deciding to buy this plan. You can easily calculate all the premium amounts according to your budget.
The LIC 917 premium calculator is very easy to use and accurate. So, you won’t get any confusion regarding the plans. So, it’s very useful to calculate all the amounts by LIC 917 premium calculator before you decide to go for it.
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FAQs
What is the LIC 917 premium calculator?
Ans. The LIC 917 maturity calculator is a user-friendly tool that calculates all the amount details of the premiums. The LIC plan 917 maturity calculator helps you to know the investment amount before you buy.
Does the LIC plan 917 maturity calculator give a true result?
Ans. The LIC 917 premium calculator gives accurate results of the LIC plans. You can trust this to get an accurate result.
What is a LIC single premium investment policy?
Ans. The LIC single premium investment policy is a one-time investment policy to cover family protection in the future. It provides the amount and the bonus to the nominees.
What are the benefits of using the LIC single endowment plan 917 maturity calculator?
Ans. There are many benefits of using the LIC single endowment plan 917 maturity calculator like its user-friendly, easy to use, reliable, and accurate.
How can I use the LIC single premium endowment plan 917 maturity calculator?
Ans. You can use the LIC single endowment plan 917 maturity calculator on the official website of LIC. By filling in the details in the LIC single premium endowment plan 917 maturity calculator you can get all the details.