Need A Financial Product Forums Insurance Calculate sum assured value and ROI for LIC money back

This topic contains 1 reply, has 2 voices, and was last updated by  Neil Shah 2 years, 3 months ago.

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    Neil Shah
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    When I was of the age of 24 years, I purchased a LIC money back product for 20 years. For me the annual premium was Rs. 20,972. Is there any way through which I can calculate the sum assured value and ROI at the time of maturity. And what will be the return at the end of every 5 year?

    #46954

    If you look at your policy bond, you will find the amount of sum assured. It will definitely be mentioned there. And as regards ROI, since the return is not guaranteed, I cannot really comment on your future returns.

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