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. Loyalty addition in this policy would be higher when the premium amount is higher. Jeevan Saral Loyalty Addition calculation is made simple in this LIC loyalty addition calculator and it has been done based on the annual premium band.
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. Loyalty addition in this policy would be higher when the premium amount is higher. Jeevan Saral Loyalty Addition calculation is made simple in this LIC loyalty addition calculator and it has been done based on the annual premium band.
The annual premium is calculated based on the monthly premium. In the Jeevan Saral Loyalty Addition plan, the LIC loyalty addition amount for a policy holder is calculated for a duration of about 10 to 15 years.
