# How To Calculate Loyalty Addition In Lic

How to calculate loyalty addition in licHow to Calculate Loyalty addition and Maturity in LIC Jeevan Saral Plan no 165: 1 M.S.A = Maturity Sum assured printed on the LIC Jeevan Saral Policy bond. 2 L.A = Loyalty Addition as per charts below 3 Total Loyalty Addition = Maturity Sum Assured (M.S.A) × Loyalty Addition per 1000 MSA (as per the chart below) ÷ 1000

## How To Calculate Loyalty Addition In Lic – Related Questions

### How To Calculate Loyalty Addition In Lic

How to Calculate Loyalty addition and Maturity in LIC Jeevan Saral Plan no 165:

• M.S.A = Maturity Sum assured printed on the LIC Jeevan Saral Policy bond.
• L.A = Loyalty Addition as per charts below
• Total Loyalty Addition = Maturity Sum Assured (M.S.A) × Loyalty Addition per 1000 MSA (as per the chart below) ÷ 1000

### What Is Lic Loyalty Addition?

LIC Loyalty Addition Calculator LIC loyalty addition is a non-guaranteed bonus amount provided by LIC for long term loyal customers. In LIC Jeevan Saral Loyalty Addition plan, a policy holder can determine the premium amount and one gets 250 times the monthly premium as sum assured.

### How To Calculate Loyalty Addition?

Formula to calculate loyalty addition: (Maturity Sum Assured/1000)* Rate of Loyalty Addition as per annual premium band Note: Maturity Sum Assured on policy bond is written according to the term you have chosen at proposal stage. It will not be used to calculate loyalty addition while surrendering the policy before term.

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### How To Calculate Loyalty Addition And Maturity In Lic Jeevan Saral Plan 165?

How to Calculate Loyalty addition and Maturity in LIC Jeevan Saral Plan no 165: 1 M.S.A = Maturity Sum assured printed on the LIC Jeevan Saral Policy bond. 2 L.A = Loyalty Addition as per charts below 3 Total Loyalty Addition = Maturity Sum Assured (M.S.A) × Loyalty Addition per 1000 MSA (as per the chart below) ÷ 1000

### How To Calculate Loyalty Addition Rate For Life Insurance Policy?

Now, suppose there is a policy with maturity sum assured of 1,00,000 and policy term as 16 years. So loyalty addition will be 100000 x 640/1000= 64,000. If death of the policy holder happens in 10th policy year then applicable Loyalty Addition rate will be 425 and total loyalty addition will be 1,00,000 x 425/1000= 42,500.