LIC Withdrawn Plans Calculators
| Particular | Amount / Value | Note |
|---|
LIC Withdrawn Plans Calculators
Explore LIC Withdrawn Plans and calculate premium, maturity amount, surrender value, survival benefit, pension, or policy benefits based on the selected plan.
Plans Withdrawn During Financial Year 2026-27
Access calculator pages and policy-related details for LIC plans withdrawn during the financial year 2026-27.
View Calculator →Plans Withdrawn During Financial Year 2025-26
Find calculator information for LIC policies withdrawn during the financial year 2025-26.
View Calculator →Plans Withdrawn During Financial Year 2024-25
Explore available policy calculation pages for LIC plans withdrawn during the financial year 2024-25.
View Calculator →Plans Withdrawn During Financial Year 2023-24
Check calculator references and benefit-related information for LIC plans withdrawn during 2023-24.
View Calculator →Plans Withdrawn During Financial Year 2022-23
Review relevant calculator pages for LIC policies withdrawn during the financial year 2022-23.
View Calculator →Plans Withdrawn During Financial Year 2021-22
View calculation guidance for LIC plans that were withdrawn during the financial year 2021-22.
View Calculator →Plans Withdrawn During Financial Year 2020-21
Browse calculator-related content for LIC policies withdrawn during the financial year 2020-21.
View Calculator →Plans Withdrawn During Financial Year 2019-20
Find available policy calculations for LIC plans withdrawn during the financial year 2019-20.
View Calculator →Plans Withdrawn During Financial Year 2018-19
Access LIC policy calculator details for plans withdrawn during the financial year 2018-19.
View Calculator →Plans Withdrawn During Financial Year 2017-18
Explore calculator support and policy information for LIC plans withdrawn during 2017-18.
View Calculator →Plans Withdrawn During Financial Year 2016-17
Review calculators and related details for LIC plans withdrawn during the financial year 2016-17.
View Calculator →Plans Withdrawn During Financial Year 2015-16
Check LIC plan calculator information for policies withdrawn during the financial year 2015-16.
View Calculator →Plans Withdrawn During Financial Year 2014-15
Browse policy calculation pages for LIC plans withdrawn during the financial year 2014-15.
View Calculator →Plans Withdrawn During Financial Year 2013-14
View available calculator resources for LIC plans withdrawn during the financial year 2013-14.
View Calculator →Plans Withdrawn During Financial Year 2012-13
Explore relevant LIC policy benefit and calculator details for plans withdrawn during 2012-13.
View Calculator →Plans Withdrawn During Financial Year 2011-12
Find LIC calculator information for policies withdrawn during the financial year 2011-12.
View Calculator →Plans Withdrawn During Financial Year 2010-11
Review calculator-related policy details for LIC plans withdrawn during the financial year 2010-11.
View Calculator →Other Withdrawn Plans
Explore calculator pages and useful policy details for other LIC plans that are no longer available for sale.
View Calculator →LIC Withdrawn Plans Calculators are useful for checking estimated benefits of old LIC policies that are no longer available for new purchase. Many policyholders still hold these old policies, but calculating their maturity value, surrender value, paid-up value, pension amount, money back benefit or ULIP fund value can be confusing.
The official LIC Withdrawn Plans page lists plans withdrawn during different financial years and shows details such as product name, plan number and UIN number. It includes recent withdrawn plans like LIC’s Nav Jeevan Shree – Single Premium, Jeevan Akshay-VII, New Jeevan Shanti, New Endowment Plus, Bima Ratna and Jeevan Azad, along with older plans such as Jeevan Saral, Jeevan Anand, Jeevan Tarang, Jeevan Madhur, Jeevan Anurag, Bima Bachat, Endowment Plus, Flexi Plus and many riders.
The page was last updated on 01 April 2026, making it an important official reference for identifying withdrawn LIC plan names, plan numbers and UIN numbers.
The main highlight of this LIC Withdrawn Plans Calculator is that it includes multiple LIC withdrawn plan types in one tool. It supports maturity, surrender value, paid-up value, money back benefit, pension amount, ULIP fund value, death benefit and rider/health benefit estimates. The calculator also shows plan name, plan number and UIN, making it easier to identify the correct old LIC plan before calculation.
Key Highlights of LIC Withdrawn Plans Calculator
| Highlight | Benefit |
|---|---|
| All Withdrawn Plans in One Calculator | Includes LIC withdrawn plans from different financial years in one place. |
| Plan Number and UIN Display | Helps identify the correct LIC plan version before calculation. |
| Multiple Calculator Types | Supports Traditional, Money Back, Whole Life, Pension, ULIP, Term and Rider/Health plans. |
| Plan-Wise Input Fields | Input fields change based on selected calculator type. |
| Maturity Estimate | Calculates estimated maturity for traditional and endowment plans. |
| Money Back Benefit Estimate | Shows survival benefit, maturity benefit and total benefit separately. |
| Pension / Annuity Estimate | Calculates monthly, quarterly, half-yearly or yearly pension. |
| ULIP Fund Value Estimate | Estimates projected fund value after return, charges and withdrawals. |
| Surrender and Paid-up Value | Gives approximate surrender value and paid-up value for old traditional policies. |
| Death Benefit Estimate | Shows estimated death cover based on selected plan type. |
| Rider / Health Benefit Estimate | Useful for accident rider, critical illness, cancer cover and health benefit plans. |
| Result After Calculate Button | Result appears only after pressing Calculate, keeping the calculator clean. |
| Reset Button | Easy to clear details and calculate again. |
| Compact Plan Information Header | Shows Plan Name, Launch Date, Withdrawal Date, Plan Type, UIN and Plan No. in less space. |
| Mobile-Friendly Design | Works smoothly on mobile, tablet and desktop. |
| Simple Light-Color Layout | Easy to read, clean and user-friendly without heavy design. |
What Are LIC Withdrawn Plans?
LIC withdrawn plans are insurance products that are no longer open for new sale. This does not always mean the policy has ended for existing policyholders. If a policy was purchased before withdrawal and is still active, benefits continue as per the policy bond, premium status and LIC rules.
Withdrawn plans may include endowment plans, money back plans, whole life plans, pension plans, ULIP plans, term assurance plans, micro insurance plans, health plans and riders. This is why a single formula cannot calculate every withdrawn LIC policy correctly.
A proper LIC Withdrawn Plans Calculator should first identify the plan type and then use the correct calculation method.
Key Highlights of LIC Withdrawn Plans Calculator
| Feature | Benefit |
|---|---|
| All withdrawn LIC plans in one calculator | No need to use separate calculators for each plan |
| Plan number and UIN display | Helps identify the correct plan version |
| Multiple calculator types | Supports traditional, money back, whole life, pension, ULIP, term and rider plans |
| Plan-wise calculation | Input fields change according to the selected plan type |
| Result after Calculate button | Result appears only after pressing the Calculate button |
| Reset button | Easy to clear details and calculate again |
| Compact header | Shows Plan Name, Launch Date, Withdrawal Date, Plan Type, UIN and Plan No. |
| Mobile-friendly layout | Works on mobile, tablet and desktop |
| Detailed breakup | Shows how the estimated value is calculated |
Why Use LIC Withdrawn Plans Calculator?
Old LIC policies are often difficult to understand because many of them have different rules for maturity, bonus, survival benefit, annuity, surrender value and death benefit. A policyholder may know the plan name but may not know the exact calculation process.
This calculator helps estimate important values such as:
| Calculation Need | How Calculator Helps |
|---|---|
| Maturity amount | Estimates maturity for traditional and endowment plans |
| Money back benefit | Calculates survival benefit and final maturity separately |
| Pension amount | Estimates monthly, quarterly, half-yearly or yearly annuity |
| Surrender value | Gives an approximate surrender value based on paid premiums and factor |
| Paid-up value | Useful when premiums were not paid for the full term |
| ULIP fund value | Estimates fund value after charges, return and withdrawals |
| Death benefit | Calculates approximate death cover based on plan type |
| Rider or health benefit | Estimates claim or rider benefit |
The calculator is useful before checking the final value with LIC. It gives a quick idea of possible policy benefits, but the final amount should always be verified from LIC records.
Why This Calculator Is Different From Other LIC Calculators
Many calculators available online are made for one specific plan or one basic formula. LIC withdrawn plans are different because they include multiple product categories. A traditional endowment plan, a money back plan, a pension plan and a ULIP cannot be calculated with the same method.
This calculator is different because it works as a multi-type calculator. It includes separate calculation engines for:
| Calculator Type | Used For |
|---|---|
| Traditional / Endowment | Maturity, death benefit, surrender value and paid-up value |
| Money Back | Survival benefits, maturity benefit and total benefit |
| Whole Life | Survival income, vested bonus and final benefit |
| Immediate Annuity | Monthly, quarterly, half-yearly or yearly pension |
| Deferred Annuity | Pension after deferment period |
| ULIP | Fund value, charges, assumed return and death benefit |
| Term Plan | Death cover and total premium paid |
| Rider / Health | Claim benefit or rider benefit |
The major difference is that this calculator does not treat all LIC plans as the same. It changes the input fields and result type according to the selected plan category.
Why Plan Number and UIN Are Important
Plan name alone is not enough for old LIC policies. Many LIC plans have similar names but different versions. For example, Jeevan Akshay-VII and New Jeevan Shanti appear more than once on the official withdrawn list with different UIN versions.
The UIN helps identify the exact version of the plan. This matters because eligibility rules, benefits, annuity rates, premium structure and surrender rules may change from one version to another.
A good calculator should show:
| Detail | Purpose |
|---|---|
| Plan Name | Identifies the policy name |
| Plan No. | Helps distinguish between similar plans |
| UIN No. | Confirms the exact version |
| Withdrawal Year | Shows when the plan was withdrawn |
| Plan Type | Decides which calculation method is needed |
Main Types of LIC Withdrawn Plan Calculators
1. Traditional / Endowment Plan Calculator
Traditional or endowment plans usually provide a maturity benefit after completion of the policy term. They may also provide death benefit, surrender value and paid-up value.
Examples include New Endowment Plan, Jeevan Labh, Jeevan Lakshya, Jeevan Saral, Jeevan Madhur, Jeevan Aadhar, Jeevan Pramukh, Bima Jyoti, Jeevan Azad and similar plans.
Basic formula:
Estimated Bonus = Sum Assured × Bonus Rate / 1000 × Policy Term
Estimated Maturity = Sum Assured + Estimated Bonus + Final Additional Bonus + Loyalty Addition
Important inputs:
| Input | Use |
|---|---|
| Basic Sum Assured | Base amount for calculation |
| Policy Term | Needed for bonus and maturity |
| Premium Paying Term | Needed for paid-up calculation |
| Annual Premium | Needed for total premium paid |
| Premiums Paid | Needed for surrender and paid-up value |
| Bonus Rate | Needed for maturity estimate |
| FAB / Loyalty Addition | Needed if applicable |
| Surrender Factor | Needed for approximate surrender value |
This calculator gives an estimate only because bonus and final additions depend on LIC’s declared rates and plan-specific rules.
2. Money Back Plan Calculator
Money back plans provide survival benefits during the policy term and maturity benefit at the end. These plans need a separate calculation because part of the benefit is paid before maturity.
Examples include New Money Back Plan 20 Years, New Money Back Plan 25 Years, New Children’s Money Back Plan, Jeevan Anurag, Jeevan Tarun, Bima Gold, Bima Diamond, Bima Ratna and Dhan Rekha. LIC’s withdrawn list includes several money back products across different years.
Basic formula:
Survival Benefit = Sum Assured × Survival Benefit Percentage × Number of Payouts
Maturity Benefit = Remaining Sum Assured + Bonus + Final Additional Bonus + Loyalty Addition
Total Benefit = Survival Benefits + Maturity Benefit
Important outputs:
| Output | Meaning |
|---|---|
| Survival Benefit | Amount payable during the policy term |
| Maturity Amount | Final amount payable at maturity |
| Total Benefit | Survival benefit plus maturity amount |
| Death Benefit | Estimated death cover during the policy term |
3. Whole Life Plan Calculator
Whole life plans generally provide long-term life cover. Some whole life plans also provide survival benefit or regular income after a specific period.
Examples include Jeevan Anand, New Jeevan Anand, Jeevan Umang, Jeevan Tarang and older whole life policies. LIC’s withdrawn list includes whole life and Jeevan Anand/Tarang type plans.
Basic formula:
Vested Bonus = Sum Assured × Bonus Rate / 1000 × Accumulation Period
Annual Survival Benefit = Sum Assured × Survival Benefit Percentage
Final Benefit = Sum Assured + Loyalty Addition
This calculator is helpful for estimating annual survival income, vested bonus and final life cover benefit.
4. Immediate Annuity Calculator
Immediate annuity plans are pension-oriented plans. The policyholder pays a single purchase price and pension starts immediately based on annuity option, age, purchase price and payment mode.
Examples include Jeevan Akshay and Pradhan Mantri Vaya Vandana Yojana, which appear in LIC’s withdrawn list in different versions.
Basic formula:
Annual Pension = Purchase Price × Annuity Rate / 1000
Mode-wise calculation:
Monthly Pension = Annual Pension / 12
Quarterly Pension = Annual Pension / 4
Half-Yearly Pension = Annual Pension / 2
Yearly Pension = Annual Pension
Actual pension depends on LIC’s official annuity rate, annuity option, age and purchase price band.
5. Deferred Annuity Calculator
Deferred annuity plans start pension after a deferment period. These plans are useful for retirement planning where income is required after a waiting period.
Examples include New Jeevan Shanti, Jeevan Shanti, Jeevan Dhara, Jeevan Nidhi and pension-type plans.
Basic formula:
Vesting Value = Purchase Price + Guaranteed Addition
Annual Pension = Vesting Value × Annuity Rate / 1000
Important inputs:
| Input | Use |
|---|---|
| Purchase Price | Single premium amount |
| Deferment Period | Waiting period before pension starts |
| Guaranteed Addition | Added during deferment, if applicable |
| Annuity Rate | Used to calculate pension |
| Annuity Mode | Monthly, quarterly, half-yearly or yearly |
6. ULIP Calculator
ULIP plans are unit-linked insurance plans. Their value depends on premium allocation, fund performance, NAV and charges.
Examples include New Endowment Plus, Nivesh Plus, SIIP, New Pension Plus, Index Plus, Endowment Plus, Flexi Plus, Market Plus, Money Plus, Profit Plus and other unit-linked plans. LIC’s withdrawn page includes multiple ULIP plans with UIN numbers starting with 512L.
Basic formula:
Allocated Premium = Premium - Allocation Charge
Fund Value = Invested Amount + Growth - Charges - Partial Withdrawals
Common charges:
| Charge | Meaning |
|---|---|
| Allocation Charge | Deducted from premium before investment |
| Policy Admin Charge | Regular policy maintenance charge |
| Mortality Charge | Cost of life cover |
| Fund Management Charge | Charge for managing fund |
| Partial Withdrawal | Amount withdrawn from fund value |
ULIP calculator results are always estimated because actual value depends on NAV and fund performance.
7. Term Plan Calculator
Term plans usually provide life cover during the policy term. Most pure term plans do not provide maturity benefit.
Examples include Tech Term, New Tech Term, Jeevan Amar, New Jeevan Amar, e-Term, Amulya Jeevan, Anmol Jeevan, Digi Term and Yuva Term. LIC’s withdrawn page lists several term assurance products.
Basic formula:
Death Benefit = Sum Assured × Death Cover Multiple
Total Premium Paid = Annual Premium × Premiums Paid
This calculator is useful for checking approximate death cover and total premium paid.
8. Rider and Health Calculator
Riders and health plans are different from maturity-based plans. They usually provide additional protection or claim-based benefits.
Examples include Accident Benefit Rider, Accidental Death and Disability Benefit Rider, Premium Waiver Benefit Rider, Critical Illness Benefit Rider, Cancer Cover, Jeevan Arogya and Arogya Rakshak. These appear in LIC’s withdrawn list across different years.
Basic formula:
Payable Benefit = Base Benefit × Claim Payable Percentage - Deduction
This calculator is useful for estimating rider or health benefit payout, but final claim depends on LIC claim rules and policy conditions.
Important Details Needed Before Using the Calculator
For better results, the following details should be kept ready:
| Detail | Why It Is Needed |
|---|---|
| Plan Name | To select the correct LIC plan |
| Plan Number | To avoid confusion between similar plans |
| UIN Number | To identify the exact version |
| Sum Assured | Base amount for maturity/death calculation |
| Policy Term | Required for maturity and bonus estimate |
| Premium Paying Term | Required for paid-up value |
| Annual Premium | Required for total premium paid |
| Premiums Paid | Required for surrender and paid-up calculation |
| Bonus Rate | Required for participating plans |
| Loyalty Addition / FAB | Required where applicable |
| Purchase Price | Required for annuity plans |
| Annuity Rate | Required for pension estimate |
| Fund Return / Charges | Required for ULIP fund value |
The official LIC withdrawn page helps identify plan name, plan number and UIN, while premium rates, annuity rates, surrender factors and bonus details should be checked from the policy bond, LIC brochure or LIC branch records.
Who Can Use This Calculator?
This calculator is useful for:
| User Type | Purpose |
|---|---|
| LIC policyholders | To estimate maturity, surrender or pension value |
| Family members | To understand old policy benefits |
| Insurance advisors | To explain old LIC plan benefits |
| Financial bloggers | To create useful calculator-based content |
| Policy researchers | To study withdrawn LIC plans |
| Existing annuitants | To estimate pension amount |
| ULIP policyholders | To understand projected fund value |
The calculator is especially helpful when an old LIC plan is difficult to understand manually.
How to Use LIC Withdrawn Plans Calculator
Follow these steps:
- Select the LIC withdrawn plan from the dropdown.
- Check the plan information shown in the header.
- Verify Plan Name, Plan No., UIN, Withdrawal Date and Plan Type.
- Confirm the calculator type selected for the plan.
- Enter policy details such as sum assured, premium, term and premium paid years.
- For money back plans, enter survival benefit percentage and number of payouts.
- For pension plans, enter purchase price, annuity rate and payment mode.
- For ULIP plans, enter annual premium, assumed return, charges and withdrawals.
- Press the Calculate button.
- Check estimated maturity, surrender value, paid-up value, pension, death benefit or fund value.
- Use the Reset button to start a new calculation.
Before pressing Calculate, the plan name, plan number and UIN shown in the header should be checked carefully. Wrong policy term, bonus rate, premium amount or sum assured can change the final estimate.
Real Calculation Example for Traditional LIC Withdrawn Plan
Here is a simple example for a traditional withdrawn LIC plan.
| Input | Example Value |
|---|---|
| Plan Type | Traditional / Endowment |
| Basic Sum Assured | ₹5,00,000 |
| Policy Term | 20 years |
| Premium Paying Term | 20 years |
| Annual Premium | ₹25,000 |
| Premiums Paid | 20 years |
| Bonus Rate | ₹40 per ₹1,000 sum assured per year |
| Final Additional Bonus | ₹0 |
| Loyalty Addition | ₹0 |
Step 1: Calculate Total Premium Paid
Total Premium Paid = Annual Premium × Premiums Paid
Total Premium Paid = ₹25,000 × 20
Total Premium Paid = ₹5,00,000
Step 2: Calculate Estimated Bonus
Estimated Bonus = Sum Assured × Bonus Rate / 1000 × Policy Term
Estimated Bonus = ₹5,00,000 × 40 / 1000 × 20
Estimated Bonus = ₹4,00,000
Step 3: Calculate Estimated Maturity Amount
Estimated Maturity = Sum Assured + Estimated Bonus + FAB + Loyalty Addition
Estimated Maturity = ₹5,00,000 + ₹4,00,000 + ₹0 + ₹0
Estimated Maturity = ₹9,00,000
Result
| Result Type | Estimated Value |
|---|---|
| Total Premium Paid | ₹5,00,000 |
| Estimated Bonus | ₹4,00,000 |
| Estimated Maturity Amount | ₹9,00,000 |
This example is only for understanding. Actual maturity may change depending on LIC’s declared bonus, final additional bonus, loyalty addition and plan rules.
Real Calculation Example for Pension Plan
Suppose an immediate annuity plan is selected.
| Input | Example Value |
|---|---|
| Purchase Price | ₹10,00,000 |
| Annuity Rate | ₹60 per ₹1,000 |
| Payment Mode | Yearly |
Calculation:
Annual Pension = Purchase Price × Annuity Rate / 1000
Annual Pension = ₹10,00,000 × 60 / 1000
Annual Pension = ₹60,000
If monthly mode is selected:
Monthly Pension = Annual Pension / 12
Monthly Pension = ₹60,000 / 12
Monthly Pension = ₹5,000
So, estimated pension is ₹60,000 yearly or ₹5,000 monthly. Actual annuity depends on LIC’s official annuity rate, age, option and purchase price slab.
Real Calculation Example for Money Back Plan
Suppose a money back withdrawn plan has the following details:
| Input | Example Value |
|---|---|
| Basic Sum Assured | ₹5,00,000 |
| Survival Benefit | 20% |
| Number of Survival Payouts | 3 |
| Maturity SA | 40% |
| Bonus Rate | ₹40 per ₹1,000 |
| Policy Term | 20 years |
Survival Benefit
Survival Benefit = ₹5,00,000 × 20% × 3
Survival Benefit = ₹3,00,000
Bonus
Bonus = ₹5,00,000 × 40 / 1000 × 20
Bonus = ₹4,00,000
Maturity Benefit
Maturity SA = ₹5,00,000 × 40%
Maturity SA = ₹2,00,000
Estimated Maturity = ₹2,00,000 + ₹4,00,000
Estimated Maturity = ₹6,00,000
Total Estimated Benefit
Total Benefit = Survival Benefit + Maturity Benefit
Total Benefit = ₹3,00,000 + ₹6,00,000
Total Benefit = ₹9,00,000
Important Benefits of Using This Calculator
| Benefit | Details |
|---|---|
| Saves time | No need to calculate maturity, pension or surrender manually |
| Simple to use | Plan selection and result display are easy |
| Useful for old plans | Designed specially for LIC withdrawn plans |
| Better clarity | Shows plan number, UIN and plan type |
| Multiple outputs | Maturity, pension, surrender, paid-up, death benefit and fund value |
| Helpful before LIC verification | Gives a quick estimate before checking official records |
| Good for mobile users | Compact and responsive layout |
| Detailed result breakup | Shows how the estimate is calculated |
What This Calculator Can Estimate
| Benefit | Suitable Plan Type |
|---|---|
| Maturity Amount | Traditional and endowment plans |
| Death Benefit | Life insurance and term plans |
| Survival Benefit | Money back and child plans |
| Pension Amount | Annuity and pension plans |
| Surrender Value | Traditional regular premium plans |
| Paid-up Value | Lapsed traditional plans |
| Fund Value | ULIP plans |
| Claim Benefit | Health plans and riders |
| Total Premium Paid | All premium-paying plans |
Important Limitations
This calculator gives an estimate, not an official LIC quote. Final values may change due to:
| Factor | Impact |
|---|---|
| Bonus rate | Changes maturity estimate |
| Loyalty addition | May increase final value |
| Final additional bonus | Applies only in eligible cases |
| Premium status | Affects paid-up and surrender value |
| Policy loan | May reduce payable amount |
| GST and charges | Affect premium and ULIP value |
| NAV | Affects ULIP fund value |
| Surrender factor | Depends on plan and policy year |
| Annuity option | Changes pension amount |
| Policy bond terms | Final authority for benefits |
For exact value, LIC policy bond, LIC customer portal or nearest LIC branch should be checked.
FAQs
What is LIC Withdrawn Plans Calculator?
LIC Withdrawn Plans Calculator is a tool that estimates benefits of old LIC plans that are no longer available for new purchase. It can estimate maturity, surrender value, paid-up value, pension, money back benefit, ULIP fund value and death benefit.
Can this calculator show exact LIC maturity amount?
No. It shows an estimated maturity amount. Exact maturity depends on LIC records, declared bonus, final additional bonus, loyalty addition, premium status and plan conditions.
Why is UIN important in LIC withdrawn plans?
UIN identifies the exact plan version. Similar LIC plan names may have different UINs, and different versions may have different rules.
Can this calculator calculate Jeevan Saral, Jeevan Tarang and Jeevan Madhur?
Yes, these plans can be selected under withdrawn plans. However, exact values require plan-specific premium tables, maturity sum assured tables, bonus rates and policy details.
Can this calculator calculate pension plans like Jeevan Akshay?
Yes. For immediate annuity plans, purchase price and annuity rate can be entered to estimate yearly, half-yearly, quarterly or monthly pension.
Does this calculator work for ULIP plans?
Yes. ULIP calculation can estimate projected fund value after assumed return, charges and partial withdrawal. Actual value depends on NAV and fund performance.
Is this calculator useful for surrender value?
Yes. It can estimate surrender value using premiums paid and surrender factor. Final surrender value must be checked with LIC.
Conclusion
LIC Withdrawn Plans Calculators are useful for understanding old LIC policies in a simple way. Since LIC’s withdrawn plans include traditional plans, money back plans, pension plans, ULIPs, term plans, riders and health plans, one common formula is not enough.
This calculator is different because it uses multiple calculation types in one tool. It shows plan name, plan number, UIN, withdrawal details and plan type, then calculates benefits according to the selected category.
It can help estimate maturity amount, death benefit, surrender value, paid-up value, pension amount, survival benefit, rider benefit and ULIP fund value. The result should be treated as an estimate only, and final policy value should always be verified with LIC.