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LIC India – Bonus Rates,Bonus History & Info


Life Insurance Corporation declares interim bonus every year and added in the account of respective policy holder.

Policies which are categorized as With Profit policy tend to get the bonus while non-profit policies like term insurance or term insurance with return of premium plans won’t get the bonus.

Bonus declared is generally depends on

  • Type of policy like Whole life,Moneyback or Endowment plan.
  • Bonus rates are better for whole life plans ,then endowment and then money back plan.
  • profits made by insurance company.
  • Interest rate scenario.
  • Duration Of Policy – generally, more duration means better better rate.

Bonus info shown below is for policy duration of 16-20 years and interim and reversionary bonus.Bonus rates are skipped in between where rates are same as preceding year & to make the list as possible short.

Bonus declared is always based on Sum assured and not premium.

Rates of bonus per 1000 Sum Assured:

Sr.No Valuation Year Whole Life Plan Endowment Plans
1. 1957 16 12.80
2 1959 16 12.80
3. 1961 16 12.80
4. 1963 17.50 14
5. 1965 20 16
6. 1967 20 16
7. 1969 22 17.60
8. 1971 22 17.60
9. 1973 22 17.60
10. 1975 22 17.60
11. 1977 25 20
12. 1979 31 24.80
13. 1981 35 28
14. 1983 42.5 34
15. 1985 55 44
16. 1986 65 52
17. 1987 72.50 58
18. 1988 77.50 62
19. 1989 80 64
20. 1990 82.50 66
21. 1991 84 67
22. 1992 84 67
23. 1993 84 67
24. 1994 84 67
25. 1995 86 69
26 1996 86 69
27. 1997 88 71
28 1998 91 71
29. 1999 91 71
30 2000 95 71
31 2001 80 71
32. 2002 80 65
33. 2003 80 58
34. 2004 80 51
35. 2005 71 45
36. 2006 66 40
37 2007 70 42
38. 2008 70 42
39 2009 70 42
40. 2010 70 42
41. 2011 70 42
42. 2012 70 42

Bonus declared for Money Back plan is always slightly lower than that for Endowment plans since money is regularly paid back to investor & sum assured remains same till the end of policy.

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7 Responses

  1. ANISH K. GARG says:

    I HAVE A CAD POLICY FROM LIC PURCHASED ON 18/09/1982 WHEN I WAS OF 5 YRS. OLD FOR A TERM OF 30 YEARS UNDER TABLE 80. IN SEP. 2012 I HAD GOT THE MATURITY OF THE SAID POLICY BY DETAILING BONUS FOR 16 YRS.982 MULITIPLIED BY 50 AMOUNTING RS.49100 PLUS ADDITIONAL BONUS RS.10 MULTIPLIED BY 50 PLUS SUM ASSURED I.E.50000, AND GOT THE TOTAL MATURITY OF RS.102000.
    MY QUERY IS AS PER LIC 12/1998 VALUATION THE POLICIES WHICH GOT VESTED UP TO 31/12/1998 THE TERM FOR CALCULATING BONUS WILL BE COUNTED FROM THE COMMENCEMENT TO THE MATURITY.AND IN MY CASE I GOT MAJOR ON 22/03/1995 MUCH BEFORE 31/12/1998. WHETHER THE LIC HAD WRONGLY CALCULATED THE BONUS RATE INSPITE FOR 30 YRS. THEY HAD COUNTED IT FOR 16 YRS? KINDLY CLARIFY THE MATTER. THANKS

  2. B Sahoo says:

    Hi,

    How can I get product specific historical bonus rates?

    Regards,
    Bedanta

    • admin says:

      Hello,
      If you know any one from LIC then they may have this data.
      By the way,bonus rate for which plan & year you are looking for?
      Regards.

      • B Sahoo says:

        Hi,

        I am looking for bonus rates for Jeevan Anand since its inception. Also I think the rates will differ based on the policy term.

        Regards.

        • admin says:

          Yes.Bonus rates depend on policy term & Above bonus rates are for policy term of 16-20 years.
          LIC Jeevan Anand is endowment – whole life insurance plan & so bonus rates may be nearer to rates indicated in the column of whole life plans.

  3. Arvind Gupta says:

    Do you have the Bonus History for the 25 years policy for the money back and anticipated policies declared from 1990 and after.

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