Lic New Endowment Plan 814 Review

April 1, 2016 By onlinelic

Lic New Endowment Plan 814 Review

Lic New Endowment Plan 814 was introduced on 3rd January 2014. Lic New Endowment Policy 814 is an endowment policy where sum assured along with Vested simple reversionary bonus and Final additional bonus will be paid to the policyholder, at the end of the policy term.

New Endowment plan Lic 814 provides optional benefit, Accidental Death and Disability Benefit Rider by payment of additional premium. Lic New Endowment policy also takes care of liquidity needs through its loan facility. This plan offers a combination of protection and saving features.

You can use Lic New Endowment Plan 814 Calculator to calculate premiums and benefits. We provide Lic New Endowment Plan Maturity Calculator and Premium Calculator to calculate Maturity benefits and Death benefits. Refer Lic new endowment plan 814 premium chart and Lic New Endowment Premium calculator before buying this plan.

Lic New Endowment Plan Conditions

Eligibility Conditions for basic plan are,

Entry age:	Minimum: 8 years (completed) Maximum: 55 years (nearest birthday)
Maximum Maturity age:	75 years (nearest birthday)
Policy term:	Minimum: 12 years Maximum: 35 years
Premium Payment mode:	Yearly, Half-yearly, Quarterly or Monthly mode (through ECS only or through salary deductions)
Sum Assured:	Minimum: Rs.1,00,000/- Maximum: No limit. Sum Assured shall be in multiples of Rs. 5000/-
Documents required for fresh policy:	Application form/Proposal form along with photo. Address proof Age proof Medical reports (if required)

Lic New Endowment Policy Rebates

There are two rebates for the basic Lic New Endowment plan, they are

Mode Rebate
Sum assured Rebate

Mode Rebate:

Mode	Percentage
Yearly mode	2% of tabular premium
Half-yearly mode	1% of tabular premium

Sum assured Rebate:

Basic Sum assured	Rebate
Rs. 1,00,000/- to Rs. 1,95,000/-	NIL
Rs. 2,00,000/- to Rs. 4,95,000/-	2.00 % Basic Sum Assured
Rs. 5,00,000/- and above	3.00 % Basic Sum Assured

Lic New Endowment Plan Premium and Maturity Calculator

You can calculate the premium and Maturity benefits using Lic New Endowment Policy Premium and Maturity calculator. Policy period, Age and Sum assured are required to calculate the premium and maturity benefits.

Lic New Endowment Plan 814 Benefits

Maturity Benefits:

On survival of the Life Assured to the end of policy term,

Maturity benefit (Benefits payable on maturity) = Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

Death Benefits:

On death of the Life Assured during the policy term,

Death benefit (Benefits payable on death) = ‘Sum assured on Death’ + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

‘Sum assured on Death’ is higher of basic sum assured or 10 times of annualized premium.
Death benefit shall not be less than 105% of total premiums paid as on date of death.
The premiums mentioned above exclude taxes, extra premium and rider premiums, if any.

Lic New Endowment Plan Additional Benefits

Accident death and Disability Benefit Rider:

Accidental Death and Disability Benefit Rider (AD and DB) is available as an optional benefit by payment of additional premium.
In case of accidental death, an additional amount equal to Accident Benefit Sum assured is payable along with the death benefit.
In case of accidental permanent disability (within 180 days from the date of accident), an amount equal to Accident Benefit Sum assured will be paid in equal monthly installments spread over 10 years.
Future premiums for Accident Benefit Sum Assured as well as premiums for the portion of Basic Sum Assured under the Lic New Endowment plan, shall be waived.

Eligibility conditions for Accidental Death and Disability Benefit Rider:

Entry age:	Minimum: 18 years (completed) Maximum: 55 years (nearest birthday)
Maximum Cover Ceasing age:	70 years
Minimum Accident Benefit Sum assured:	Minimum: Rs. 1,00,000/- Accident Benefit Sum assured shall be in multiples of Rs. 5000/-
Maximum Accident Benefit Sum assured:	An amount equal to the Sum Assured under the Basic Plan subject to the maximum of Rs. 50 lakh Accident Benefit Sum Assured taking all existing policies of the Life Assured under individual as well as group schemes including policies with in-built accident benefit taken with Life Insurance Corporation of India and the Accident Benefit Sum Assured under the new proposal into consideration.

Additional Information about Lic New Endowment Plan

Grace period for payment of premium:

Under Lic New Endowment plan 814, grace period of one month but not less than 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly mode.

Paid-up Value:

Paid-up Value = Basic Sum assured x (No. of premiums paid/ Total no. of premiums payable)

Example:

Suppose, if you have taken the policy of 1,00,000 basic sum assured and Total no. of premiums payable are 20, and if after 5 full years’ premium have been paid and any subsequent premiums be not duly paid, then

Paid-up value = 1,00,000 x (5/20) = 25,000

Surrender Value:

Lic New Endowment policy can be surrendered at any time during the policy term, provide at least three full years premiums have been paid.

Revival:

If premiums are not paid within the grace period then the policy will lapse. A lapsed policy may be revived during the lifetime of the life assured, but within a period of 2 consecutive years from the date of first unpaid premium and before the maturity date.

Loan:

Loan facility is available under Lic New Endowment policy.

Suicide clause:

If the life assured commits suicide before 12 months from the date of commencement of risk, he/she will be returned back with 80% of premiums paid excluding any taxes and extra premium, if any.

Taxes:

Taxes, if any, shall be as per the Tax laws and the rate of tax as applicable from time to time.

Cooling-Off Period:

If the policyholder is not satisfied with the “Terms and Conditions” of the Lic New Endowment policy, the policy may be returned to the company within 15 days from the date of receipt of the policy stating the reason of objections.

Backdating Interest:

The policies can be dated back with in the same financial year.

Policy Stamping:

Under New Endowment plan of Lic, stamping charges will be 20 paise per thousand sum assured.

Assignments/Nominations:

Assignments and Nominations is possible under this Lic New Endowment Policy plan no 814.

Lic New Endowment Plan Example

Suppose if Raju of age 20 years has opted for Lic New Endowment plan for Sum Assured of Rs. 6,00,000/- and for policy term of 15 years then,

First Year Premium
Mode of Payment	without tax	Tax	with tax
Yearly Premium	40666	1257	41922
Half-Yearly Premium	20546	635	21181
Quarterly Premium	13840	428	14268
Monthly Premium	3460	107	3567
Second Year onwards Premium
Mode of Payment	without tax	Tax	with tax
Yearly Premium	40666	628	41294
Half-Yearly Premium	20546	317	20863
Quarterly Premium	13840	214	14054
Monthly Premium	3460	53	3513

Maturity benefit will be Rs. 9,54,000/-

FAQ’s of Lic New Endowment policy

What happens if you stop paying the premium?

If the premiums are not paid within Grace Period, the policy lapses. However, if at least 3 years’ premiums have been paid, the policy acquires a Paid up Value for a Reduced Sum Assured but the policy would be eligible for any future regular additions.

Paid-up value = Basic Sum Assured x (Number of Premiums Paid / Total Number of Premiums Payable)

The policy can however be revived within 2 consecutive years from the date of first unpaid premium.

What happens if you want to surrender the policy?

Lic New Endowment policy can be surrendered at any time during the policy term, provide at least three full years premiums have been paid. This percentage will depend on the policy term and policy year in which the policy is surrendered and specified as per the table mentioned.

What happens if you want a loan against your policy?

Loan can be availed under the Lic New Endowment policy provided the policy has acquired a surrender value and subject to the terms and conditions.

For more details please refer the given below official link,

Click here for LIC New Endowment Plan details

Related Lic Endowment Plans

LIC Single premium Endowment Policy

LIC New Jeevan Anand Policy

LIC Jeevan Rakshak Policy

LIC Limited Premium Endowment Policy

LIC Jeevan Sangam Policy

LIC Jeevan Lakshya Policy

Comments

jaspal singh says
May 8, 2015 at 5:55 am

my age is 28 years old, i want to information about new endowment plan table no. 814 that if i paid 300000 sum assured for 12 years. after 12 years total how much amount paid to me.

Reply
- Manoj Sharma says
  September 23, 2015 at 1:45 am
  
  Sum Assured. – 300000
  Maturity amount – 436800
  Yearly premium. – 26603
  Term. – 12 years
  Age. – 28
  
  More information :
  Manoj sharma (Lic of India)
  9911335083
  
  Reply
  - Arun Kumar sarkar says
    January 28, 2016 at 6:45 am
    
    my age is 33 years old, i want to information about new endowment plan table no. 814 that if i paid 200000 sum assured for 16 years. after 16 years total how much amount paid to me.
    
    Reply
- RAM says
  September 19, 2016 at 9:10 am
  
  7 LAKS
  
  Reply
- Tanu sharma says
  December 1, 2016 at 6:36 am
  
  Sir do you have any policy if you want please contact me I m fresher agent advisor
  
  Reply
Jahanara Ahmed says
May 15, 2015 at 2:10 am

My age is 47 years . If I paid sum assured 59519 ; new endowment plan 814 single premium. What benefit I will get after 12 years ??? & what benefit it will be if I dead…???
Reply

Reply
- Manoj Sharma says
  September 23, 2015 at 1:40 am
  
  Clear your doubt / query about Lic plan and policy….in GURGAON and delhi……NCR….
  भारतीय जीवन बीमा निगम…
  Manoj Sharma
  Lic Life Insurance Advicer
  mnjshrm638@gmail.com
  9911335083.
  
  Reply
  - Gopal says
    May 7, 2016 at 7:09 am
    
    my age is 34yrs I want a information about new endowment plan table no. 814 I paid sum assured rs 200000 for 15yrs what will I got on maturity of 15yrs
    
    Reply
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Reply
gangadharan.mv says
June 27, 2015 at 10:35 am

sir

Reply
jayashree says
July 4, 2015 at 10:38 am

for New endowment policy what document is required for the age of 55. If there is no Schoole leaving then Pan card is sufficient for age proof or not please reply

Reply
- sagar says
  July 29, 2015 at 9:05 am
  
  hi my name is sagar dhumal insurance advisior so pls send ur cell no.on my email id then i will call u
  
  my cell no.is 9167378026
  
  Reply
PALLAVI KAUL says
July 8, 2015 at 11:35 am

sir,

I want to surrender my Lic New Endowment Plan 814 purchased on May 15, 2014. All premiums have been regularly
paid. Reason urgent money requirement.

Pallavi

Reply
- Manoj Sharma says
  September 23, 2015 at 1:37 am
  
  U have one more options, u can take loan.
  
  Reply
- sagar dhumal says
  November 26, 2015 at 5:28 am
  
  hi i am insurance advisor
  i help u so pls i want cell no pls send ur no i will contact u
  my cell no 9167378026
  Sagar Dhumal
  
  Reply
sudhir kumar says
August 3, 2015 at 3:56 pm

महाशय,मुझे यह जानकारी चाहीये कि maturity 100000 का कितना होगा २१ year मे
thanks
sudhir kumar

Reply
k.senthilkumar says
August 9, 2015 at 12:55 pm

i am 38 years old ,i have best policy

Reply
- panneer says
  August 24, 2016 at 5:37 am
  
  pension policy is best
  
  Reply
GOGI THOMAS says
August 19, 2015 at 3:58 am

My age is 43. .If I take LIfe Endowment Policy for 800000/- for 12 years what we will be the sum assured on maturity.

Reply
- Manoj Sharma says
  September 23, 2015 at 1:33 am
  
  You will get 11,64,800 after 12 years and ur Yearly premium is 71642
  
  Reply
- Anirudh Prasad Sinha says
  December 4, 2015 at 1:39 pm
  
  My age is 44. .If I take New Endowment Plan -814 for 300000/- for 16 years what we will be the sum assured on maturity.
  
  Reply
hafiz ahmed says
September 6, 2015 at 10:09 am

My age is 53 yrs nowif i paid sum assured of 125000 for 12 yrs. What final amount do i get after 12 yrs plz reply

Reply
- Manoj Sharma says
  September 23, 2015 at 1:35 am
  
  You will get maturity amount is 182000 after 12 years. And ur Yearly premium is 12143.
  
  Reply
  - Anil Nayak says
    May 1, 2016 at 8:05 am
    
    My age is 29 years old, i want to information about new endowment plan table no. 814 that if i paid 15 lacs sum assured for 35 years. after 35 years total how much amount paid to me.
    
    Reply
SUDHIR RANJAN PUROHIT says
September 26, 2015 at 4:46 am

My age is 30 i would like to take new endowment policy of 21 years with sum assured 900000 what will be my premium and maturity value

Reply
nirmalya das says
October 2, 2015 at 10:17 am

my age is 30 if take lic new endowment of rs 1500000 for 31 years thean what is maturity amount

Reply
jagadish says
October 4, 2015 at 3:28 pm

I want new Schme im ready to pay 25000 per yr which plan I should take … Some agent told that endowment plan is good .. I want good return police for 12 to 20 yr

Reply
LAXMI says
October 9, 2015 at 9:39 am

my age is 28 years old, i want to information about new endowment plan table no. 814 that if i paid 200000 sum assured for 15 years. after 15 years total how much amount paid to me.

Reply
Vasim K says
October 9, 2015 at 11:12 am

If i had a sum assurred of 200000 for 15 yrs , what will be the maturity amount after 15 years. My age is 31.

Reply
Parvej khan says
October 12, 2015 at 6:14 pm

Dear all please confirm I have purchase new endowment plan 814 Rs.365000.00 for 15 year after maturity. What final amount I will get.

Reply
M.BALAJI says
October 13, 2015 at 11:12 am

Kindly note Lic agent advised me if we take policy new endowment plan 814, Lic will give us life time free credit card, It is true???

Reply
Shailee Gupta says
October 14, 2015 at 6:35 am

Hello Sir, I have taken an endowment policy in 2011 of sum assured 6,25,000 for 20 years with an annual premium of Rs 30,000. Please tell me how much will I be paid back at the time of maturity? Also if there is any option of withdrawing money after 10 years (in 2022), then how much will be paid back?

Reply
VINAY BHARADWAJ N A says
October 19, 2015 at 5:42 am

HI SIR MY AGE IS 25 YEARS NOW, AND IF MY SUM ASSURED IS Rs. 15,00,000.00, SO HOW MUCH WILL I GET IN NEXT 25 YEARS. AND WHAT WILL BE MY YEARLY, HALF YEARY, QUARTERLY AND MOTHLY PREMIUM

Reply
jitendra kumar says
October 19, 2015 at 12:45 pm

My age is 25 yrs nowif i paid sum assured of 500000 for 25 yrs. What final amount do i get after 25 yrs plz reply
mo.9199922304

Reply
rinku yadav says
October 23, 2015 at 7:40 am

Rinku yadav lic of india araria bihar plan for new endoment 814 maturity benefit verry nice

Reply
MAHESWAR MUDULI says
October 25, 2015 at 6:58 am

My age is 28years if I paid sum assured 100000yr 15 yesin new jivan Ananda .what is the matured amt

Reply
Debankur Dutta says
October 29, 2015 at 5:45 pm

What is this vested Simple Reversionary Bonuses + Final Additional Bonus??Actually I want to know the calculation that you do and give back the maturity sum…

Reply
Gowtham Reddy says
November 2, 2015 at 11:36 am

my age is 22 years old. If I take Life Endowment Policy 814 for 300000/- for 21 years and i can pay half-yearly payments. What benefit I will get after 21 years ??? How much amount do I need to pay as a premium??

Reply
Ashish Mohan says
November 4, 2015 at 6:09 am

my age is 28 years old, i want to information about new endowment plan table no. 814 that if i paid 60000 as yearly premium for 35 years. total how much amount paid to me

Reply
Ashish Mohan says
November 4, 2015 at 6:13 am

u/s 80C ka relief milega?

Reply
Vipin Sharma says
November 4, 2015 at 9:03 am

Lic New Endowment Plan 814
Sum Assured. – 800000
Maturity amount – ???
Yearly premium. – ???
Term. – 12 years
Age. – 13

Reply
ajaz ahmad says
November 7, 2015 at 10:11 am

if i am taking 100000 S.a value insurance for 18 years
how much i will get after maturity under new endowment plan 814.
i am 29 years old.

thanks & reagards.

ajaz ahmad

Reply
Baikuntha meher says
November 7, 2015 at 11:21 am

premium calculation

Reply
SaNjAy says
November 11, 2015 at 2:52 pm

My sum assured 100000, term 15 year what will amount I get after maturity & how much loan will I get on above policy
Reply

Reply
Ajay choudhary says
November 12, 2015 at 1:32 pm

My age 26 years…10 july 1989
If i want a sum asuured of 1200000..
For 15 years..then how much i have paid for anual primium..n how much i can get

Reply
rasi says
November 26, 2015 at 3:10 am

My age is 23. .If I take LIfe Endowment Policy
for 250000/- for 35 years what we will be the
sum assured on maturity.

Reply
Ashwani Kumar Srivastava says
November 29, 2015 at 6:07 pm

My age is 28 years I am interested in endowment plan which will give a good rate interest, could u suggest me one with the percentage.
Till date I don’t have any.

Reply
Manikandan says
December 2, 2015 at 1:57 pm

Hello Manoj Sharma,

My age is 24, If I take Endowment Policy 9,00,000/- for 35 years, what will be the final amount. and my age is below 25 is thr any spl benefit ?

Reply
sanjay kumar says
December 2, 2015 at 3:27 pm

My age is 29.if I take endowment plan if 600000 what maturity money I get and what is that annual premium I paid pls suggest me

Reply
Firoj Khan says
December 3, 2015 at 9:32 am

I want To Purchege One Polcy For My Father Age 41 Year Best Polcy Tell Me 8558849228

Reply
soumya says
December 12, 2015 at 6:43 am

D.O.B-01/06/1990
ENDOWMENT PLAN WITH PREMIUM OF YEARLY APPROX RS.36,000
WHAT IS THE MATURITY BENEFIT

Reply
ashim kr das says
December 15, 2015 at 5:16 pm

AGE 40 814/16 SUM 300000 YEARLY PREMIUM

Reply
Amit Kumar Sharma says
December 15, 2015 at 5:26 pm

Sir, my age is 34 years and I my sum assured is Rs. 5,00,000/- for 20 years and the premium of the same is Rs. 26,000/- per annum approximately. What will be the final full and final maturity amount includes all other benefits.

Reply
Rajesh Kumar says
December 18, 2015 at 12:26 pm

Hi, i am Rajesh , and My age is 27 , and i paid per month amount rs. 27000/- for 35 years , for endorsement plan , how much amount will receive after maturity , and Bima Amount Rs. 1000000/-

Reply
Antony says
December 20, 2015 at 1:31 pm

I am 31 years. If I pay 69000 per half year after 16 years how much i can get.

Reply
Ajay Singh says
December 24, 2015 at 11:30 am

Sir my age is 32 …I want 500000 rs for 12 year in plan 814…..what is my maturity benifit and yearly premium

Reply
p.t. purohit says
December 26, 2015 at 8:21 am

DEAR SIR
SIR MERA POLICY 100000 KA HAI. MERA age 45 year hai. term 20 year hai muje last mea total kitna milega bonus ke sath
please help me …….

Reply
Madhu sudan dasgupta says
December 27, 2015 at 12:40 pm

my age is 47 y rs now if i paid sum assured of 1000000 for 28 yrs What final amount do i get after 28 yrs plz reply

Reply
Madhu sudan dasgupta says
December 27, 2015 at 12:46 pm

my age is 47 y rs now if i paid sum assured of 1000000 for 28 yrs What final amount do i get after 28 yrs plz reply

Reply
Sarika Chopra says
December 28, 2015 at 4:43 pm

can I see my policy papers online

Reply
Gurtej Singh Cheema says
December 30, 2015 at 4:51 am

Sir ,my age is 26 years ,i am giving 500000 for 15 years ,what amount wil i get after 15 years ,pls tell me.

Reply
savitha says
December 31, 2015 at 5:25 am

my age is 46 yr , now I want to take policy now. which policy is better in all aspects. ALso let me know is there policy that after my death , not that will get lumpsum amount but any benefit to the nonimee yearly or monthly.

Reply
Devesh Sheth says
January 1, 2016 at 4:04 pm

Hi,
I want to know how much amount I get back, if I pay Rs. 4500 per auuam in LIC new eendowment plan 814 for sum assured Rs. 1 lac for 25 years…

Thanks,
Devesh Sheth

Reply
pracely says
January 4, 2016 at 5:31 pm

Hello, I am precilla. I m 51 years old . if I take new endowment plan 814 of 200000 SA for 16 yrs. Wht wl be the yearly premium & the Maturity value. Plz do inform me

Reply
Ajay Singh says
January 14, 2016 at 7:54 am

What is contact number

Reply
SANJAY says
January 14, 2016 at 8:39 am

IF I WANT TO BUY ENDOWMENT PLOCY OF 5000 PM THEN WHAT WILL BE MATURITY AMOUNT AFTER 12 & 15 YRS.

PLS CONFIRM

Reply
nitin says
January 15, 2016 at 5:52 am

mera plan 814 new endowment .tell me about mini serenader rule.

Reply
R.C.KAPOOR says
January 16, 2016 at 7:57 am

my wife age is 49 years. now she wants to invest Rs. 80000/per year in lic endowment policy
f0r 10 years

what is benefits & MATURITY VALUE & P.A. YEARLY YIELD.

Reply
R. Bhagya Laxmi says
January 19, 2016 at 1:47 pm

My age is 36 yrs now if i paid sum assured of 7,00,000 for 22 yrs. What final amount do i get after 22 yrs plz reply

Reply
ANIRBAN DAS says
January 21, 2016 at 7:04 pm

MY AGE 31. .IF I PAID SUM ASSURED OF 2200000 FOR 21 YRS.WHAT FINAL AMOUNT DO I GET AFTER 21 YRS. PLS RPLY.

Reply
chandan kumar says
January 22, 2016 at 10:13 am

I have taken policy for 500000 for 30 years , how much i get at maturity

Reply
Gulshan Mishra says
January 23, 2016 at 12:40 pm

I want to know premium and amount i will get suppose my sum assured is Rs 600000 and policy term is 12 yrs. i want to surrender policy after 5 years. In this lic-new-endowment-plan-814.

Reply
Manmeet says
February 6, 2016 at 6:35 am

My age is 26 years, if I want to take a policy for 20 years with a sum assured of 20lakhs.. Then would be my yearly premium. What is the amount that I would receive after this period ?

Reply
ashwani says
February 6, 2016 at 11:09 am

i purchased lic endowment policy of rs 50000

can u suggest me ..if i close this policy ..what benefit i will get ?

Reply
Sathish Kumar. M says
February 9, 2016 at 10:10 am

My age is 29 and would like to go for better policy with good returns, which policy should I take.

Reply
Gajender says
February 10, 2016 at 8:11 am

I have this policy, sum assured in 500000 and annual premium is 22961 for 21 years, how much i will get at the time of maturity. Please help.

Reply
Ajaz Ahmad says
February 10, 2016 at 9:36 am

In the year 2001 , I had taken one policy called Jeevan shree with the premium of 25878 /- per annum . I had been told by the agent that at the time of maturity I may get Rs.18 lacs. Please tell me the fact whether i will get this quoted amount or not ?

I came to know that the LIC had stopped enrolling new members under this scheme in the year 2001 itself due to its less feasibility .

Please respond against my query.

Regards

Reply
sudhakar says
February 11, 2016 at 11:54 am

i m a 35 year old male. we want a New Endowment Plan 814, please clear my following doubts.

1 -premium will be monthly basis.
2- how much sum assured can be take –my salary is 22000 PM (my requirement above 20 lacs)
3- in cash suddenly after my death ? (nominee will be receipt SA + paid premium +bonus +additional bonus ??)
4- which condition will be requirement medical test ????
5-additional rider including premium or take separately ????
6- if we want surrender my policy after 5 year how much will be take amount .
7- risk cover time period ???

Reply
Ganesh says
February 13, 2016 at 9:03 am

My age is 42 now if i paid 100000 sum assured for 16years. Quarterly i paid 1776. Yearly 7084.What maturity amount i get after 16years please reply sir

Reply
SJ says
February 13, 2016 at 9:11 pm

hi i am 22 years old. if my sum assured is 900000 for 16 years how much amount will i get?

Reply
R. Bhagya Laxmi says
February 17, 2016 at 2:33 pm

My age is 36 yrs now if i paid sum assured of 7,00,000 for 22 yrs. What final amount do i get after 22 yrs plz reply

Reply

Reply
P ganguly says
February 26, 2016 at 5:31 pm

P Ganguly. 29 years.

New endowment plan.
Table no. 814.
Sum Rs 300000.
Year- 20
Tell me the total money back at the end of 20 years.

If I deposite my amount directly, would I pay service tax! Please reply.

Reply
jhasa ketan sahu says
February 28, 2016 at 4:57 am

Sir,
I hv taken this policy and paying 6900 ₹quarterly.my age is 25 now and i hv taken it in january2014.could u plz tell me what will be the maturity amount,death benifit on this plan

Reply
GunJan bhasin says
March 1, 2016 at 11:08 am

my age is 28 years old, i want to information about new endowment plan table no. 814 that if i paid 2000000 sum assured for 21years. after 21 years total how much amount paid to me.

Reply
Arpita says
March 2, 2016 at 12:22 pm

My age is 26 yrs nowif i paid sum assured of 378000 for 30 yrs. What final amount do i get after 30 yrs plz reply,annual premium i paid 12600.

Reply
Sanjay Singh Rawat says
March 2, 2016 at 2:58 pm

Good Day,
If i pay 950000 assured sum for 16 yrs, what final amount i will get. Kindly advice.

Reply
SURJIT SINGH says
March 4, 2016 at 8:13 am

my age is 40 years old, i want to information about new endowment plan table no. 814 that if i paid 700000 sum assured for 12 years. after 12 years total how much amount paid to me.

Reply
Ashish says
March 6, 2016 at 2:21 pm

Please content me 9971208975

Reply
Akbar says
March 10, 2016 at 7:47 am

I have taken lic new endowment plan in sep 2015 for 17 years. Sum assured is 100000.
Maturity year 2032.
How much total money i will get on maturity
Half yearly premium 6108

Reply
shailesh says
March 12, 2016 at 9:15 am

i am 32 years old.400000 is sum assured.what will maturity amount

Reply
shailesh says
March 12, 2016 at 9:20 am

i am 32 years .sumassured is 400000 for 15 year what will maturity amount

Reply
Siva says
March 14, 2016 at 9:17 am

I’ve taken endowment policy for 21 years and the sum assured is 8,00,000/-. Caould please tell me what would my maturity amount ?

Reply
Raja says
March 16, 2016 at 10:13 am

I want to opt for a single premium payment. Which policy is suitable such that i get the returns within a 5 years or less? Does such a policy can be used for tax saving.

Thanks in advance

Reply
Nidhi Raina says
March 23, 2016 at 10:22 am

Hello , i registered for the Endowment Plan ( 814) in 2015 , what will be the surrender value after 3 years ( 2018). My premium is 15,266 quaterly

Reply
srinivasa says
March 29, 2016 at 7:04 am

my age is 46 i am planning to take the policy for 15 years for 300000 how much amount will get at the end muturity

Reply
santhosh kumar says
April 3, 2016 at 9:31 am

Hi

i have taken a policy 9335 for 21 years what will be my maturity amount if i alive till maturity

other scenario like what amount my family get in case of dearth

Thanks in advance

Reply
Shailendra says
April 3, 2016 at 10:17 pm

My age is 23 years, How much can i expect (including all benefits and bonus amount) at the time of maturity under this new endowment plan no. 814 if i take this policy for 35 years with sum assured of 9,00,000?

Reply
mani says
April 4, 2016 at 4:56 pm

My age 28 years .I choose endowment plan table no 814 for 200000 for 16 years.how much total I will get on maturity.

Reply
NAGARJUNA says
April 7, 2016 at 7:39 am

My age is 22years .If i take LIC endowment -814 policy for 18years and sum assured is 200000 then, how much will i get at maturity time?
and also
if i discontinue paying after 5 years ..what will be the amount i get back

Reply
Jebastin says
April 13, 2016 at 12:16 pm

Dear Well Wisher,
I received the below content as a mail. Kindly confirm whether it is true.

Warm Greetings from LIC Of India
Geta life tie PENSION i.e., 100 years by taking LIC New Endowment Assurance plan Ones.

The Payment Structure goes like this for 5000 slot of tenure 16 years

Step 1:The customer has to pay only Rs 5,000/- Per Month for just 16 years.( The first payment can be done Quarterly,Half yearly,Yearly).

Step 2:After 16 years the client will get Rs 23,01,300/- as maturity amount or he/she can convert this policy into pension policy where he/she will get Rs 18,698/- Per Month for 100 years and the maturity amount will be given to your nominee.

And also

Benefits of this Policy:

1.)High Returns

2.)Free ridder’s like normal and accidental risk coverage from the first day (Normal risk coverage 900000/- and accidental risk coverage 1800000/- and it will be keep on increasing till sixteen years).

3.)helpful as supporting document to take a home/site/flat Loan or car loan by keeping this document as supporting document.

4.)This policy is 100% Tax free under both the section 80 C and 10(10D).

5.)This policy can be converted into a Pension plan after maturity Period .

6.)This plan is purely traditional plan so your money will not linked to any share market.

Brief about the quotation according to your age with maturity period 16 years :

Monthly premium :Rs 5,000/-
Sum Insured :Rs 9,00,000/-
Total investment :Rs 9,60,000/-
Returns :Rs 2301300/-
Pension :Rs 18,698/- P.M till 100 years

If your planning to go with this plan you can revert me back with your appointment details

Reply
bhaskar says
April 14, 2016 at 12:55 pm

If my age is 45 yrs. I want to take 1lakh policy. how much ill get after maturity. what is the premium amount and suggest me which policy is better to my age ?

Reply
sagar says
April 15, 2016 at 12:05 pm

If i go with online & buy policy instead of approching to the LIC agents,
Can i get benefit discount in each year premium, because agent commission will remove from my premium.

Regards,
Sagar Jagtap

Reply
vinod says
April 18, 2016 at 2:32 pm

Vind yadav
sir i am 27 years old i get lic policy plan no 814 on 31 Mar2016 ‘bima amout is 10 lak for25 year Yearly premium is 19500

i want to no total amout maturty after 25 year plz

Reply
paramasivam says
April 28, 2016 at 5:02 am

Sir, I have send my accounts no. 51025661191 (State Bank of Bikaner & Jaipur). Please joint my LIC Policy No. 113874275. reg.

Reply
Rajan says
April 29, 2016 at 1:01 am

Hi, I am holding citizen of Indian origin , is the above policy valid for us? If valid what are the document to be submitted? IRegards

Reply
Saanvi says
May 2, 2016 at 4:23 pm

I want to go for 16yrs endowment policy with sum assured 20,00000. What’s gonna be my yearly premium and maturity amount?

Reply
arun says
May 10, 2016 at 4:28 pm

Hello sir , I have taken new endowment plan 814 , this is showing that they are sum assured 15 lakh but in sum assured collam ,they are showing they will give 10 times of annual premium . just I want to know ,if suppose , any casualty happen ,then how much nominee will get ?

Reply
Raeesuddin Qureshi says
May 11, 2016 at 2:46 am

daughter born24/3/1992 show me best single premium plan for 10 or 15 year

Reply
Jitendra Lacharwar says
May 11, 2016 at 7:08 am

My age is 31 yrs now if I paid sum assured of 300000 for 22 yrs. When I get my final Maturity amount do I get same year of my policy matured or next year plz reply

Reply
Jitendra Lacharwar says
May 11, 2016 at 7:09 am

When I get my final Maturity amount do I get same year of my policy matured or next year plz reply????

Reply
Jitendra Lacharwar says
May 11, 2016 at 7:10 am

LIC Plan no. 814 Endowment plan

Reply
Davinder Singh says
May 11, 2016 at 11:46 am

Davinder Singh

what will be the maturity value for the Policy I have taken for Sum Assured Rs.500000/- (814-23-23) taken in Feb, 2015

Prabal Raizada

what will be the maturity value for the Policy I have taken for Sum Assured Rs.500000/- (814-18-18) Taken in Mar,2015.

Reply
ronak says
May 11, 2016 at 5:19 pm

if I have opened an new endowment plan 814 for 16 year sum assuned of 500000 and after 3 year if I don’t want to continue my plan what will get

the amount
if I have paid full 3 years premium and I want close this plan what amount I get

Reply
Debsankar Bera says
May 22, 2016 at 6:11 pm

Am Debsankar Bera. Am 39years old. I want to take 5lac sum assured. Policy term will 15years. How much I have to pay annually and how much amount will I get in maturity?

Reply
md ehtesham khan says
May 23, 2016 at 11:57 am

hi I am 36 years old new endowment plan 814.
Sum Assured Rs: 10,00,000
plan: 16 premium
premium rs: 63,807

please tell me if i surrender after 3 full year premium paid. how much i will get back

reply please

Reply
Amit Upadhyay says
May 26, 2016 at 4:09 pm

Age-31
Sum Assured_ 500000
Policy Term_ 18 years
Premium paying term_ 18 years
Maturity Amount ???

Reply
Justin says
May 27, 2016 at 7:14 am

My age is 37.yrs.This month I take Endowment Policy for 500000/- for 16 years what we will be the sum assured on maturity.

Reply
arun pandit says
June 17, 2016 at 8:39 am

Dear sri endowment plan 25/year 300000 ka policy kitana milega

Reply
Naresh says
June 20, 2016 at 9:03 am

Hi there,

Just wanted a clarification, 2 months back my fund value showed up approx 235000. I took a loan of 70,000. After which still I noticed the fund value getting calculated to close to 235000. However, now when I check my fund value it shows as 179000 and the allocated units decreased. I dont know what the reason is but the fund value is coming to 179000.

Kindly revert back if there are specific reasons for this.

Policy is 814 endowment plus
Yearly premium of 30000
Paid for 5 years till date.

Thanks,
Naresh.

Reply
RAM CHANDRA YADAV says
June 22, 2016 at 10:17 am

I am 34 years old ,i have best policy.
Please give Me a best policy in LIC

Reply
Dipak Maity says
June 27, 2016 at 8:34 am

i m 39 years old, as per new endowment plan table no. 814 that pls let me know if i paid for 500000 sum assured for 12 years, then what wl b the annual premium and on maturity (after 12 years) how much I’wl get return?

Reply
sitaramayya says
June 27, 2016 at 1:27 pm

whetherthis 814 policy is availablenow? Whether male children also can be covered to take the policy?

Reply
bhaskar chakraborty says
June 28, 2016 at 5:40 am

My age is 33 and I want to get maturity amount rs 1000000 after 20 years. Premium amount is?

Reply
Mohini Bhaisare says
July 7, 2016 at 4:16 am

My age is 24 (DOB: 10/06/1992) and if I pay sum assured of 10,00000 for period of 20 years, what will be the sum assured after maturity and what will be the yearly premium? Also, can I purchase this policy online and what are the essential document required?

Reply
sandhya says
July 15, 2016 at 11:13 am

my age is 35years old, i want to information about new endowment plan table no. 814 that if i paid 150000 sum assured for 15 years. after 15 years total how much amount paid to me.

Reply
Sreeraj says
July 16, 2016 at 5:01 pm

Hi,

For 814 endowment plan, the total sum assured is 20,00000 for 20 years. I want to surrender my plan after 3 years of payment. May I know how much i will get if i surrender after 3 years.

Reply
God says
July 24, 2016 at 7:51 pm

Useless investment. Please do not get fooled by LIC . There is no clear mention of any amount after 15 years. Agents and officers just make you believe by showing a printed table. Better surrender and do something else.

Reply
Pooja says
July 25, 2016 at 8:47 am

I am 54 year old. I want to take endowment plan with
Sum insured 100000 Rs (1 lakh) for 20 years. Please tell me my monthly premium?

Reply
jagannath garai says
July 28, 2016 at 9:37 am

My age is 27 yrs .if I take a lic for 700000 for 18 yrs . Then after 18 yrs ,what amount do I get ? Plz Reply

Reply
Sukant Kumar Das says
August 1, 2016 at 11:06 am

My age is 37 yrs. sum assured amount is 200000/ for 17 yrs. D.O.C is 28.03.2014. Premium amount is Rs 3138/ including taxes. What will be the final amount i got after 17 yrs Plz reply

Reply
ASHOK KUIMAR THAKUR says
August 2, 2016 at 4:43 pm

Sir, My age is 46 and i want to purchase Lic New Endowment Plan 814 with sum assured of Rs/- 25,00,000 for 15 years then kindly let me know what will be the annual premium and how much i will get after completion of the policy . Further in case of accidental or natural death what will be the benefits

Reply
Amrit says
August 4, 2016 at 2:01 am

Sir
My age is 29 yrs. I want lic new endowment policy (table no 814) of 500000 for 25 yrs premium yeary. What will be maturity amount and yearly policy amount to be paid ?

Reply
sujay says
August 20, 2016 at 6:49 am

my age is 24 years old, i want to information about new endowment plan with benifit that if i paid 300000 sum assured for 17 years. after 17 years total how much amount paid to me

Reply
Sneha says
August 21, 2016 at 5:36 am

My age is 28.If i take endowment policy for 400000 for 15 years.what will be the sum assured on maturity Reply

Reply
mahendra says
August 23, 2016 at 11:28 am

My age is 26 i want to information of endowment plan 814 if I invest 1000000 in 20 years by yearly installment

Reply
SUSHIL says
August 26, 2016 at 10:24 am

My age is 32. .If I take Life Endowment Policy for 1000000/- for 12 years what we will be the sum assured on maturity.

Reply
Aathira says
August 27, 2016 at 4:56 am

Hi, my age is 23, i would like to know about my new endowment plan table no. 814, that if i paid Rs.3262 quarterly for 16 years. after 16 years in total how much amount .

Reply
Aathira says
August 27, 2016 at 5:02 am

Hi, my age is 23, i would like to know about my new endowment plan table no. 814, that if i paid Rs.3262 quarterly for 16 years. after 16 years in total how much amount can i receive

Reply
Manas Roy says
August 27, 2016 at 9:16 am

if i had sum assured value of 100000 for 21 years…how much will i get after maturity

Reply
sikandar kumar pandit says
September 1, 2016 at 9:33 am

lic agent giridih

Reply
shweta says
September 4, 2016 at 3:37 pm

My endowment plan is of 21 year and sum assured is 250000 and premium.. around 5k half yearly.. my agent said I vil be getting 1500000 (15 lac) at the end of maturity after 21 year… Is it true.. please guide

Reply
pardeepbansal says
September 7, 2016 at 9:42 am

my age was 26 years when in 2014 i started this policy with 1300000(13 lakhs) sum assured for 20 years .
What final amount do i get after 20 yrs plz reply

Reply
rakesh sanghi says
September 7, 2016 at 12:02 pm

my son is 25 years old and my daughter is 20 years old and if I take policy of Rs. 25,00,000/- each for each of them, what would be the annual premium for an endowments policy for each of them and what is the maturity period

Reply
Rakesh Kumar Mishra says
September 10, 2016 at 2:05 pm

Dear Sir/Madam

Policy no.165184529 please provide the maturity date & amount.
by mail.

Rakesh Mishra

Reply
Ashraful Islam says
September 11, 2016 at 7:12 am

Maturity value policy no 447433329

Reply
sunil says
September 14, 2016 at 3:50 pm

my age is 43 if I take new endowment policy rs.600000 for 10 years. what installment for quarterly & how many benefits I will get.

Reply
sunil Darshan says
September 14, 2016 at 3:55 pm

my age is 34 if I take new
endowment policy rs.600000
for 12 years. what
installment for quarterly &
how many benefits I will get.

Reply
RAM says
September 19, 2016 at 9:06 am

THIS A SUPER PLAN. I HAD 4 PLANS. BEST PLAN IN INDIA.

Reply
hiren says
September 21, 2016 at 2:14 am

My age is 36. .If I take LIfe Endowment Policy for 800000/- for 12 years what we will be the sum assured on maturity. and please say , i am not given on maturity time in full amount, and i given the pension benifit. possible this policy is convert to pension plan in maturity date. please calculation given me

Reply
Subhas Chandra Mukherjee says
September 28, 2016 at 4:55 pm

I have lic new endowment plan 814 for 2000000 SA, for 31 years starting at 24 years old (2014).

Don’t want to continue this policy only because of the long term. ( 31 years term is a mistake from my side ).
I would like to continue only if it is possible for 21 years for less SA ( for ex: 1500000 SA).

So what all possible options are there for me?

1. Should I completely stop paying premiums after 5 years and take back whole money?
2. Should I stop paying premiums after 5 years and keep it as it is for whole 31 years?
3. Can I modify SA and years of terms for same policy?
Or any other better option if I have please let me know.

Thanks.

Reply
sajith says
October 7, 2016 at 3:22 pm

i would like to buy Jeevan Lakshya OR New Endowment, looking for 16 years term (814) and lakshya 15 years (total 18years, 15+3=18 years)
sum assured: 40 Lakhs
age 43 years
DOB 25-05-1973

which is better, plz send a letter

Reply
Mohamed Jahubar Sathik Mohamed abdul salam says
October 10, 2016 at 9:20 am

Sum Assured. – 300000
Qtly premium. – 4901
Term. – 16
Age. – 27

Please advice about the maturity amount ?

Reply
Shahid says
October 11, 2016 at 6:05 pm

I want 500000 rs. In 10 years. Which plan is best for my investment. & how much amount i will pay for this monthly premium

Reply
Rajesh Dubey says
October 14, 2016 at 7:16 am

I choose new endow polici (814) for 200000 for 20 years at the age of 24 in 2015 . What will be the maturity ammount.

Reply
Avinash Singh says
October 18, 2016 at 3:44 pm

Hi,

Under Sum assured rebate: there is mention-

Rs. 5,00,000/- and above 3.00 % Basic Sum Assured

Does this mean that the premium will be discounted by 3% or 3% of premium value will be returned after payment on each yearly payment?

Reply
arun says
October 31, 2016 at 2:53 am

Sir meri new adowment policy 40000 per year v Jisme main 12000 pay kar chuka hu 15 year ke liye half yearly policy ki thi par sir main ab kisi reasan se ye policy surrendra karna chahta hu to sir muje kitna rupees refund milega please tell me sir

Reply
Gowtham says
November 11, 2016 at 1:01 am

I’ve purchased 100000 policy for 12 years (814 plan).
How much did I get after 12 years.
I’ve completed 2 years of premium.
Can I take loan now.
Plz inform me to my email ID.

Reply
Balvinder Singh Bhatia says
November 16, 2016 at 11:26 am

I have Jeewan saral bought in 28 Dec 2013, premium is 18195 half yearly, may i know how much i will on maturity

Kindly provide the information.

Reply
Balvinder Singh Bhatia says
November 16, 2016 at 11:27 am

policy term is 16years

Reply
Mohideen says
December 4, 2016 at 9:59 am

Hi, i am planning to take a policy. I need your suggestion which is good policy #814 or 836.thank you

Reply
Deena says
December 16, 2016 at 10:42 am

Hi, This is Deena from Chennai. Any one want poicy details / planning to take policy in around Tamil Nadu please / Send sms / whats up 9944273217. / call 9884946099

Reply
SUMAN says
December 25, 2016 at 8:10 pm

I have purchased a new endowment policy of basic s.a. 6,50,000 for 21 yrs what amount will I get in maturity.? And what amount in accident/disability/death..?

Reply
SUMAN says
December 25, 2016 at 8:11 pm

My age is 28..

Reply
Abani Kumar Dey says
January 8, 2017 at 1:40 pm

my age is 23 years old, i want to know about new endowment plan table no. 814 that if i paid 200000 sum assured for 16 years. after 16 years total how much amount will be payable by me

Reply
manjumol.c says
January 27, 2017 at 3:59 pm

i am 38yrs old and i take enendowment new plan 814 for 20yrs ,the sum assured is 250000 what will be the benefit after 20yrs

Reply
Harshad says
February 14, 2017 at 2:14 pm

My age is 31 years and my sum assured of 1600000 for 16 years .What final amount I will get after 16 years? plz reply

Reply
Rahul Giri says
March 14, 2017 at 3:54 am

Plan no 814…sum assured 100000/- and premium is 7136/-. 15 year. What’s amount when policy matured?

Reply
- onlinelic says
  March 20, 2017 at 7:46 am
  
  Mr. Rahul Giri, you can calculate the maturity benefit using LIC New Endowment Plan Calculator.
  
  Reply
Jay Prakash says
March 27, 2017 at 12:18 pm

I have taken endowment plan 814 for my daughter anupma amount is 500000. It is for 12year. My daughter’s age is 13year. what would be total amount on maturity&half yearly payment?

Reply
mr.anil kumar says
April 3, 2017 at 3:22 pm

Best plan from LIC

Reply
mr.anil kumar says
April 3, 2017 at 3:24 pm

How to import data from lic

Reply
Vipin says
June 16, 2017 at 6:44 am

I got a call from lic office and she offered me new endowment table no 814 policy. Under this I will pay 36000 annually for 16 year and after that I will get 14 lack assured amount if I do not take that amount LIC will pay me 1lack 27thousand anually. I have not found this information anywhere in internet. I qurious to buy lic policy but confused to buy policy can u help me to understand this.

Thanks
Vipin
9871509254

Reply
Saleem says
July 1, 2017 at 9:38 am

I have taken New Endowment Plan (T.No. 814) on 2014. Sum assured is 330000 and annual premium is 19688. I have paid premium for 2 years. But my agent didn’t paid my premium for year 2016.
Now the policy status is showing as LAPSED WITHOUT SURRENDER VALUE. Can I revive the policy or surrender?
If I surrender now, what is the benefit?

Thanks

Reply
Sandip mukherjee says
August 5, 2017 at 7:42 pm

My age is 26 years old, i want to get information about new endowment plan table no. 814 that if i paid 500000 sum assured for 21 years. After 21 years total how much amount paid to me.

Reply
Pushpa Oza says
January 17, 2018 at 7:06 am

I am an LIC Agent: 00537888, My client needs an endowment for a period of 10 Years Policy and wishes to pay 20,000 per year. Please suggest

Pushpa Oza
09322274180

Reply

Lic New Endowment Plan 814 Review

Lic New Endowment Plan Conditions

Lic New Endowment Policy Rebates

Mode Rebate:

Sum assured Rebate:

Lic New Endowment Plan Premium and Maturity Calculator

Lic New Endowment Plan 814 Benefits

Maturity Benefits:

Death Benefits:

Lic New Endowment Plan Additional Benefits

Accident death and Disability Benefit Rider:

Eligibility conditions for Accidental Death and Disability Benefit Rider:

Additional Information about Lic New Endowment Plan

Grace period for payment of premium:

Paid-up Value:

Surrender Value:

Revival:

Loan:

Suicide clause:

Taxes:

Cooling-Off Period:

Backdating Interest:

Policy Stamping:

Assignments/Nominations:

Lic New Endowment Plan Example

FAQ’s of Lic New Endowment policy

Related Lic Endowment Plans

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