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LIC paid-up value

Stop paying premiums but keep the policy. The sum assured shrinks pro-rata to premiums paid; vested bonuses stay attached and pay out at the original maturity. The mechanic is uniform across the LIC endowment family.

Asymmetrica · Paid-up value report

LIC policy paid-up value

Generated 28 April 2026

Paid-up value calculator

Enter your policy details to see what your reduced sum assured and maturity payout would be if you stopped paying today.

Illustrative. Uses the standard IRDAI-regulated shape. Your plan's exact factor table may vary by ±5%. Per-plan overrides will land here once we extract brochure facts.

Your policy

₹
₹
yrs
yrs
yrs
Paid-up value at maturity
₹2,84,167
Paid-up SA ₹1,66,667 + vested bonuses ₹1,17,500

Total premiums paid

₹1,32,500

Vested bonuses (so far)

₹1,17,500

Reduced (paid-up) SA

₹1,66,667

SA × (yrs paid / PPT)

Maturity year

Year 21

Original term — no further premium

How it works

  • Reduced (paid-up) SA = Original SA × (premiums paid / total premiums payable).
  • All bonuses vested up to the date you stopped paying remain attached and are paid at the original maturity date.
  • No future bonuses accrue after the policy becomes paid-up.
  • You can still take a policy loan against a paid-up policy, capped at ~80% of its surrender value.

Watch-outs

  • The policy must have crossed its paid-up threshold first — usually 2 or 3 full years of premiums paid. Below that the policy lapses with no value.
  • Paid-up almost always beats surrender for medium-term policies (5–10 years in) because you keep the deferred bonus payout.
  • Once paid-up, a policy cannot usually be revived after a long gap without underwriting.
  • Doesn't apply to: term plans, single-premium plans, immediate-annuity plans.

Source: IRDAI regulations and LIC product brochures available at licindia.in.

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