The maturity amount of LIC New Jeevan Anand policy 915 depends on various factors such as the length of policy tenure, the number of premiums paid, the sum assured and the bonus. At the end of the policy, a fixed maturity amount will be paid to the policyholder, which is a combination of the accumulated bonus, terminal bonus and the sum assured value. The accumulated bonus is determined after the policy completes a full policy term. The terminal bonus is an additional bonus, which increases the maturity amount. In addition, other bonuses depending on the policies like loyalty bonuse may also be added to the final maturity amount.
Generally, the maturity amount of LIC New Jeevan Anand Plan 915 will be equal to the sum assured plus all bonuses declared by the insurer. However, it is important to note that the actual maturity amount may vary as the bonuses declared by the insurer at the time of maturity may depend on the financial performance of the insurer during the period of the policy.
