When it comes to long-term life insurance policies in India, few plans have stood the test of time like the LIC Jeevan Anand Plan 149. Known for its unique blend of life coverage and wealth accumulation, this policy is one of LIC’s most trusted offerings. However, for many policyholders and new buyers, estimating the actual maturity value of this plan can be confusing. That’s where the Jeevan Anand Plan 149 Maturity Calculator becomes an essential tool.

In this blog, we’ll explain everything you need to know about the calculator, including how it works, why you should use it, and a full breakdown of Jeevan Anand Plan 149. Whether you are planning your finances, verifying returns, or simply exploring investment options, this detailed guide is tailored for you.

What is LIC Jeevan Anand Plan 149?

LIC’s Jeevan Anand Plan 149 is a traditional endowment policy with the added benefit of whole life coverage. Introduced years ago, this plan became one of LIC’s best-selling policies due to its dual benefit structure:

1. Maturity Benefit at the end of the policy term (Sum Assured + Bonus + Final Additional Bonus).

2. Life Coverage for the entire life of the policyholder, even after policy maturity.

This means you get a guaranteed lump sum at the end of your policy, and you still remain insured for the rest of your life. It is ideal for individuals seeking both savings and insurance protection.

What is the Jeevan Anand Plan 149 Maturity Calculator?

The Jeevan Anand Plan 149 Maturity Calculator is a digital tool designed to help policyholders or potential buyers estimate the maturity amount they will receive at the end of the policy term.

It calculates the total expected payout, which includes:

• Sum Assured

• Reversionary Bonus (estimated annually)

• Final Additional Bonus (FAB) – one-time payment

This calculator removes the guesswork and helps you make informed financial decisions.

Who Should Use This Calculator?

• Existing policyholders of LIC Jeevan Anand Plan 149

• Prospective buyers comparing LIC plans

• Insurance advisors and agents

• Financial planners and investment consultants

• Anyone looking for long-term, guaranteed returns with insurance benefits

✨ Key Features of Jeevan Anand Plan 149

Let’s break down why this plan is so popular:

⚙️ How Does the Calculator Work?

The Jeevan Anand Plan 149 Maturity Calculator uses the following logic:

1. Sum Assured (SA): The fixed amount you choose while buying the policy.

2. Bonus Rate: Estimated per ₹1,000 SA per year. LIC declares bonuses every financial year.

3. Policy Term: The number of years you’ll pay premiums.

4. Final Additional Bonus (FAB): A one-time bonus added at maturity, applicable for policies with longer durations and higher SA.

🧠 Formula:

Example Calculation:

Let’s say:

• Sum Assured = ₹5,00,000

• Policy Term = 20 years

• Bonus Rate = ₹48 per ₹1,000

• FAB = ₹20,000

Bonus = (500000 / 1000) × 48 × 20 = ₹4,80,000
Maturity = 500000 + 480000 + 20000 = ₹10,00,000

📋 Benefits of Using the Maturity Calculator

✅ 1. Financial Planning

By knowing your policy’s maturity value, you can plan your investments, savings goals, and retirement more efficiently.

✅ 2. Policy Comparison

Compare Jeevan Anand’s maturity value with other LIC or private insurer policies to make informed choices.

✅ 3. Advisor Tool

LIC agents and advisors can use this to demonstrate realistic returns to customers.

✅ 4. Transparency

No need to rely on approximate figures. Get a near-accurate projection based on current bonus rates.

✅ 5. Fast and Easy

Enter just four details — Sum Assured, Term, Bonus Rate, and FAB — and get your result instantly.

💸 Understanding LIC Bonus Terms

Before using the calculator, you need to understand these key terms:

➤ Reversionary Bonus

Declared annually by LIC and added to your policy. It accumulates every year and is paid out on maturity.

➤ Final Additional Bonus (FAB)

A one-time terminal bonus given for long-term, high-Sum Assured policies. It depends on the policy term and is not guaranteed every year.

✅ Step-by-Step Guide to Using the Calculator

1. Enter your Sum Assured – e.g., ₹500000

2. Enter the Policy Term – e.g., 20 years

3. Set the Bonus Rate – e.g., ₹48 per ₹1000

4. Enter the Final Additional Bonus (FAB) – e.g., ₹20000

5. Click Calculate

6. Instantly view:

   • Your Total Bonus

   • Final Maturity Value

   • Breakdown of each component

📈 Bonus Rate Trends – Jeevan Anand 149

These rates are estimates. Actual declared bonus may vary depending on LIC’s surplus and policy performance.

🔐 What Happens After Maturity?

The unique feature of Jeevan Anand Plan 149 is that even after the maturity payout, life insurance coverage continues. This means if the policyholder passes away years later, the Sum Assured is paid again to the nominee.

It’s like getting paid twice:

• Once on maturity

• Again on death (after maturity)

This makes the plan both a savings and legacy tool.

❓Frequently Asked Questions (FAQs)

Q1. Is this calculator accurate?

Yes, it provides near-accurate estimates based on inputs. Actual returns depend on LIC’s annual bonus declarations.

Q2. Can I use this calculator for Plan 915?

No, this is specifically for Plan 149. Plan 915 is a different product with different bonus rates.

Q3. Is there any mobile app for this calculator?

You can use the web version on mobile, or request a downloadable Excel or Android version.

Q4. Is FAB always applicable?

FAB is applicable only for policies with longer terms (15+ years) and higher Sum Assured (₹1L+).

Q5. Is maturity amount taxable?

Maturity amount from LIC is tax-free under Section 10(10D) if premiums do not exceed 10% of SA annually.

🧾 Summary – Why Use Jeevan Anand 149 Calculator?

LIC’s Jeevan Anand Plan 149 remains one of the most powerful traditional insurance products in India. But to truly understand its worth, using the Jeevan Anand Plan 149 Maturity Calculator is essential. It brings clarity, transparency, and financial confidence to your insurance journey.

Whether you’re an existing policyholder or a new investor exploring LIC plans, this calculator is your go-to tool for making smart, informed decisions.