Estimate your accrued simple reversionary bonus and Final Addition Bonus (FAB) for any LIC plan.
Enter your Sum Assured, term, and bonus rates.
LIC declares a Simple Reversionary Bonus every year for its participating (with-profits) insurance plans. The bonus is expressed as a rate per ₹1,000 Sum Assured per year. Once declared, it is added to your policy every year and is paid out at maturity (or on death), along with the Sum Assured and FAB.
Unlike a "compound" bonus, the simple reversionary bonus does not earn its own bonus — only the Sum Assured does.
Final Addition Bonus (FAB) is a one-time bonus that LIC pays at the time of maturity or death (whichever is earlier), provided the policy has been in force for the required minimum period (usually 14-15 years). FAB rates are typically in the range of ₹80-120 per ₹1,000 Sum Assured.
The calculator uses these formulas:
Accrued Bonus = (Sum Assured / 1,000) × Bonus Rate × Years Completed
FAB = (Sum Assured / 1,000) × FAB Rate
These are additive to the Sum Assured at maturity. So total maturity = SA + Accrued Bonus + FAB.
SA = ₹10,00,000, term = 20 years, bonus rate = ₹48 per ₹1,000 SA per year, FAB = ₹100 per ₹1,000 SA.
See our LIC Bonus Rates 2026 article for the full list of latest bonus rates by plan.
For a complete maturity estimate (including premiums, total outflows and net gain), use our LIC Maturity Calculator.
