Bonus rates for LIC Child Future Plan – Table No. 185
The table below shows the Bonus rates declared for LIC Child Future Plan – 185 Policy from inception. You can use this to calculate the LIC Child Future Plan – 185 Maturity Value. The vested simple reversionary bonus rates are per 1,000 Sum Assured.
In case you have a plan with Sum Assured of Rs. 5,00,000 – Use the values in the table as following:
Bonus Value = Sum Assured / 1000 x Bonus Rate = 5,00,000 / 1,000 x Bonus Rate
Simple Reversionary Bonus
Year
Policy Term(Years)
Bonus Rate
2016-2017
11 to 15
38
16 to 20
42
> 20
44
2015-2016
11 to 15
38
16 to 20
42
> 20
44
2014-2015
11 to 15
38
16 to 20
42
> 20
44
2013-2014
11 to 15
38
16 to 20
42
> 20
44
2012-2013
11 to 15
38
16 to 20
42
> 20
44
2011-2012
11 to 15
38
16 to 20
42
> 20
44
2010-2011
11 to 15
38
16 to 20
42
> 20
44
2009-2010
11 to 15
36
16 to 20
40
> 20
42
2008-2009
11 to 15
36
16 to 20
40
> 20
42
2007-2008
11 to 15
36
16 to 20
40
> 20
42
2006-2007
11 to 15
36
16 to 20
40
> 20
42
1st September, 2016
Special Diamond Jubilee Bonus – Details as below
One-time Diamond Jubilee Bonus
1st September is the Founding Day or LIC. So on 01-September-2016, when LIC celebrated its 60th birthday, the company declared a special bonus for all it’s participating plans. To be eligible for this bonus, all premiums should have been paid till 31st March 2016 and should be active as on 1st September 2016. The one-time Diamond Jubilee Bonus Rates for LIC Child Future Plan are as shown below.
Policy Start Date
Bonus Rate
April 2011 to March 2016
5
April 2006 to March 2011
10
Final Addition Bonus
This is a bonus which is paid at the time of maturity or death. It is a reward for continuing with the policy for a certain number of years. It is a one-time bonus which you get at the end of the policy. We do not have any information on a Final Addition Bonus being declared in this plan.
Maturity Value
So to get to the LIC Child Future Plan-185, you have to add all of the following – Sum Assured + Simple Reversionary Bonus + Any special bonus + Final Addition Bonus
Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your LIC Child Future Policy-185.
Click here to check Bonus Rates of all LIC Policies
Please contact the LIC office for exact details of the bonus which has accrued in your plan.
You can read know more about the plan and it’s working here – LIC Child Future Plan-185 Review.