LIC Money Plus (Plan 180) is a unit-linked endowment plan launched on 20 December 2006 and no longer sold. Premiums buy fund units, and the fund value is paid at maturity after 5 to 20 years. By our calculator, a 35-year-old paying ₹30,000 a year for 15 years at an assumed 8% gross return would have about ₹7.80 lakh at maturity, against ₹4.5 lakh paid.
Money Plus 180 Fund Value Calculator
Your estimate
fund value at maturity
- Basic sum assured
- ₹2,25,000
- Premium per instalment
- ₹30,000
- Total charges deducted
- ₹57,325
- Net gain
- ₹3,30,345
- Death benefithigher of sum assured or fund value
- ₹2,25,000
- Approx. return (IRR)
- 6.62%
- Age at maturity
- 50 years
- Total premium paid₹4,50,00058%
- Net gain₹3,30,34542%
Year-wise fund value projection
| Year | Age | Premium paid | Estimated fund value | Death benefit |
|---|---|---|---|---|
| 1 | 36 | ₹30,000 | ₹25,771 | ₹2,25,000 |
| 2 | 37 | ₹30,000 | ₹58,457 | ₹2,25,000 |
| 3 | 38 | ₹30,000 | ₹93,553 | ₹2,25,000 |
| 4 | 39 | ₹30,000 | ₹1,31,245 | ₹2,25,000 |
| 5 | 40 | ₹30,000 | ₹1,71,732 | ₹2,25,000 |
| 6 | 41 | ₹30,000 | ₹2,15,232 | ₹2,25,000 |
| 7 | 42 | ₹30,000 | ₹2,61,935 | ₹2,61,935 |
| 8 | 43 | ₹30,000 | ₹3,12,021 | ₹3,12,021 |
| 9 | 44 | ₹30,000 | ₹3,65,735 | ₹3,65,735 |
| 10 | 45 | ₹30,000 | ₹4,23,341 | ₹4,23,341 |
| 11 | 46 | ₹30,000 | ₹4,85,119 | ₹4,85,119 |
| 12 | 47 | ₹30,000 | ₹5,51,373 | ₹5,51,373 |
| 13 | 48 | ₹30,000 | ₹6,22,425 | ₹6,22,425 |
| 14 | 49 | ₹30,000 | ₹6,98,625 | ₹6,98,625 |
| 15 | 50 | ₹30,000 | ₹7,80,345 | ₹7,80,345 |
Individual life insurance premiums are exempt from GST from 22 September 2025. Figures are estimates based on typical rates and may differ from LIC’s official quote.
What is LIC Money Plus Plan 180?
LIC Money Plus (Plan 180) is a unit-linked endowment plan (ULIP). It combines life cover with investment in market-linked funds. Your premium buys units in the fund you choose, and at maturity you receive the fund value: the number of units multiplied by the NAV on that date.
LIC launched Money Plus on 20 December 2006. It was later replaced by Money Plus I (Plan 193), launched in May 2008, and it is no longer sold. Existing policies continue normally. This calculator projects the fund value for your premium, term and assumed return.
Money Plus 180 at a glance
| Feature | Details |
|---|---|
| Plan number | 180 |
| Plan type | Unit-linked endowment plan |
| Entry age | 0 to 65 years (age nearest birthday) |
| Maturity age | 18 to 75 years |
| Policy term | 5 to 20 years |
| Premium | Regular (yearly, half-yearly, quarterly) or single |
| Minimum premium | About ₹5,000 a year; ₹10,000 single |
| Funds | Bond, Secured, Balanced, Growth |
| Partial withdrawal | After 3 policy years |
| Loan | Not available |
| Status | Withdrawn |
Sum assured rules
- Regular premium: minimum is the higher of 5× the annual premium or (term ÷ 2) × annual premium. Maximum is 20× (entry age up to 55) or 10× (56 and above).
- Single premium: 1.25× to 5× the single premium.
The calculator’s “minimum cover” choice applies these rules. For ₹30,000 a year over 15 years, the minimum is 7.5 × ₹30,000 = ₹2,25,000.
How the fund value is projected
The original charge schedule of Plan 180 is not in our source, so the calculator uses charges typical of LIC ULIPs from 2006: a 16.5% allocation charge in year 1 and 2.5% after (3.3% on a single premium), an admin charge of ₹60 a month in year 1 and ₹20 after, a fund management charge of 0.5% to 0.8%, and mortality on the sum at risk (sum assured minus fund value).
Example 1. A 35-year-old pays ₹30,000 a year for 15 years into the Balanced fund with minimum cover of ₹2,25,000. At an assumed 8% gross return, the maturity value is about ₹7,80,345. Premiums total ₹4,50,000 and charges about ₹57,325, a return of roughly 6.62% a year.
Example 2. A 40-year-old pays a single premium of ₹1 lakh for 10 years with cover of ₹1,25,000. The fund grows to about ₹1,94,321, roughly 6.87% a year.
Tip: compare your latest LIC unit statement with the year-wise table. If your actual fund is well below the projection, the fund’s real returns were lower than the rate you assumed.
Death benefit
The calculator assumes the nominee receives the higher of the sum assured or the fund value, the rule used in its successor Money Plus I. Check the benefit clause in your policy bond, as it decides the exact payout. After a partial withdrawal, the sum assured is reduced by the amount withdrawn for two years.
Withdrawals and surrender
- Partial withdrawal is allowed after three policy years. For minors it starts from the policy anniversary on or after age 18.
- Minimum balance after withdrawal: two annual premiums (regular) or ₹5,000 (single).
- Surrender pays the fund value. If you surrender in the first three years, payment waits until the third anniversary.
Our surrender value calculator explains how exit values work for traditional plans, which differ from ULIPs.
Tax
Premiums qualified for deduction under Section 123 of the Income-tax Act, 2025 (earlier Section 80C) in the old tax regime. Maturity proceeds are generally exempt under Section 11 read with Schedule II of the Income-tax Act, 2025 (earlier Section 10(10D)), subject to the sum assured conditions for the policy’s issue date. Our projection adds no GST on charges, because individual life policies have been GST-exempt since 22 September 2025.
Money Plus 180 vs Money Plus I 193
Money Plus I kept the same endowment ULIP design but introduced a tiered first-year allocation charge, monthly ECS premiums, a sum assured of up to 30× the premium and optional critical illness cover. For a ULIP sold today, see LIC Index Plus (Plan 873) or compare returns with the LIC ULIP calculator.
How to use this calculator
- Choose regular or single premium and enter the age.
- Set the policy term and premium.
- Choose the sum assured level, fund and assumed return.
- Read the maturity fund value, total charges, life cover and year-wise table. These are illustrations, not guaranteed values.
Frequently asked questions
Is LIC Money Plus 180 still available?
No. Money Plus 180 is closed to new buyers and was later replaced by Money Plus I (Plan 193), launched in May 2008. Existing policies continue under their original terms until maturity or claim.
What is the minimum sum assured in Money Plus 180?
For regular premium, it is the higher of 5 times the annual premium or half the term multiplied by the annual premium. The maximum is 20 times the annual premium up to age 55 and 10 times above that. Single premium cover ranges from 1.25 to 5 times the premium.
When can I make partial withdrawals from Money Plus 180?
After three policy years are complete. For a minor, only after the policy anniversary on or after age 18. The fund must keep at least two annual premiums (regular) or ₹5,000 (single), and the sum assured is reduced by the amount withdrawn for two years.
How much will Money Plus 180 pay at maturity?
The fund value on the maturity date. In our calculator, ₹30,000 a year for 15 years from age 35 grows to about ₹7,80,345 at an assumed 8% gross return, after estimated charges of about ₹57,325. Actual value depends on the fund's NAV.
Can I take a loan against Money Plus 180?
No. The plan has no loan facility. You can use partial withdrawals or surrender the policy after three years to access money.
What happens if I surrender Money Plus 180?
You receive the fund value on the surrender date. If you surrender within the first three years, the amount is paid only after the third policy anniversary.
Disclaimer: LIC Premium Calculators is an independent website. We are not affiliated with, endorsed by or connected to Life Insurance Corporation of India. All figures are estimates for illustration; confirm exact premiums and benefits with LIC or a licensed agent before buying.