Table No. 888Joint Life Single PremiumUIN: 512N393V01
LIC New Jeevan Sathi (Plan 888) Calculator
Single premium joint life endowment covering husband and wife under a single unified policy with guaranteed additions of ₹70 per ₹1,000 SA accrued every year.
Policy Parameters
0% GST ModeYrs
18 Yrs60 Yrs
Yrs
18 Yrs60 Yrs
₹5 Lakh
₹
100% Tax-Free Sec 10(10D)
Total Approximate Return at Maturity
₹13,75,000
Basic Sum Assured + Guaranteed Additions (₹70/₹1k SA/yr)
Single Premium (One-Time)
0% GST • Direct Rate
Guaranteed Additions (G.A.)
₹8,75,000
₹70/1k SA × 25 Yrs
Estimated Net Profit
+₹10,04,400
~5.38% IRR Est.
Death Sum Assured
₹5,00,000
+ Accrued G.A.
Year-by-Year Growth & Joint Cover Schedule
| Yr | Ages (P/S) | Premium | Accrued GA | Life Cover | Surrender Value | Maturity |
|---|---|---|---|---|---|---|
| 1 | 35 / 27 | ₹3,70,600 | ₹35,000 | ₹5,35,000 | ₹2,89,220 | - |
| 2 | 36 / 28 | - | ₹70,000 | ₹5,70,000 | ₹3,00,490 | - |
| 3 | 37 / 29 | - | ₹1,05,000 | ₹6,05,000 | ₹3,11,760 | - |
| 4 | 38 / 30 | - | ₹1,40,000 | ₹6,40,000 | ₹3,23,030 | - |
| 5 | 39 / 31 | - | ₹1,75,000 | ₹6,75,000 | ₹3,34,300 | - |
| 6 | 40 / 32 | - | ₹2,10,000 | ₹7,10,000 | ₹3,45,570 | - |
| 7 | 41 / 33 | - | ₹2,45,000 | ₹7,45,000 | ₹3,56,841 | - |
| 8 | 42 / 34 | - | ₹2,80,000 | ₹7,80,000 | ₹3,68,111 | - |
| 9 | 43 / 35 | - | ₹3,15,000 | ₹8,15,000 | ₹3,79,381 | - |
| 10 | 44 / 36 | - | ₹3,50,000 | ₹8,50,000 | ₹3,90,651 | - |