LIC SIIP 852 (UIN 512L334V01) is LIC's original Systematic Investment Insurance Plan, a regular-premium ULIP now replaced by SIIP 752. Existing policies continue: premiums buy fund units, cover is 10 times the annual premium and guaranteed additions arrive from year 6. For ₹1 lakh a year from age 35 over 21 years, our calculator estimates about ₹43.96 lakh at an 8% gross return.
SIIP 852 Fund Value Calculator
Your estimate
fund value at 8% gross return, after charges
- Premium per instalment
- ₹5,000
- Total premium paid
- ₹12,00,000
- Estimated returns
- ₹12,21,252
- Guaranteed additions
- ₹30,000
- Basic sum assured10× annualised premium
- ₹6,00,000
- Total charges (allocation, mortality, FMC)
- ₹3,24,984
- Death benefitminimum in the final year: higher of sum assured or 105% of premiums (fund value if higher)
- ₹12,60,000
- Age at maturity
- 50 years
- Total premium paid₹12,00,00050%
- Estimated returns₹12,21,25250%
Year-wise fund value and death benefit
| Year | Age | Premiums paid so far | Guaranteed addition | Fund value (year end) | Death benefit |
|---|---|---|---|---|---|
| 1 | 31 | ₹60,000 | ₹0 | ₹57,999 | ₹6,00,000 |
| 2 | 32 | ₹1,20,000 | ₹0 | ₹1,21,458 | ₹6,00,000 |
| 3 | 33 | ₹1,80,000 | ₹0 | ₹1,89,147 | ₹6,00,000 |
| 4 | 34 | ₹2,40,000 | ₹0 | ₹2,61,357 | ₹6,00,000 |
| 5 | 35 | ₹3,00,000 | ₹0 | ₹3,38,396 | ₹6,00,000 |
| 6 | 36 | ₹3,60,000 | ₹3,000 | ₹4,25,195 | ₹6,00,000 |
| 7 | 37 | ₹4,20,000 | ₹0 | ₹5,14,797 | ₹6,00,000 |
| 8 | 38 | ₹4,80,000 | ₹0 | ₹6,10,426 | ₹6,10,426 |
| 9 | 39 | ₹5,40,000 | ₹0 | ₹7,12,368 | ₹7,12,368 |
| 10 | 40 | ₹6,00,000 | ₹6,000 | ₹8,26,978 | ₹8,26,978 |
| 11 | 41 | ₹6,60,000 | ₹0 | ₹9,43,087 | ₹9,43,087 |
| 12 | 42 | ₹7,20,000 | ₹0 | ₹10,66,791 | ₹10,66,791 |
| 13 | 43 | ₹7,80,000 | ₹0 | ₹11,98,588 | ₹11,98,588 |
| 14 | 44 | ₹8,40,000 | ₹0 | ₹13,39,007 | ₹13,39,007 |
| 15 | 45 | ₹9,00,000 | ₹9,000 | ₹14,97,612 | ₹14,97,612 |
| 16 | 46 | ₹9,60,000 | ₹0 | ₹16,57,593 | ₹16,57,593 |
| 17 | 47 | ₹10,20,000 | ₹0 | ₹18,28,040 | ₹18,28,040 |
| 18 | 48 | ₹10,80,000 | ₹0 | ₹20,09,638 | ₹20,09,638 |
| 19 | 49 | ₹11,40,000 | ₹0 | ₹22,03,116 | ₹22,03,116 |
| 20 | 50 | ₹12,00,000 | ₹12,000 | ₹24,21,252 | ₹24,21,252 |
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 SIIP Plan 852?
LIC SIIP 852 (UIN 512L334V01) was the first version of LIC’s Systematic Investment Insurance Plan, a unit-linked, non-participating, regular-premium life insurance policy launched around 2020. LIC has since replaced it with SIIP 752, available from 1 November 2024 under a new UIN. The design did not change much, so what you read here also explains how the new version works.
This page is for people who already hold an 852 policy. The calculator projects your fund to maturity so you can compare it with your LIC statement and decide whether to keep paying, switch funds or plan a withdrawal.
SIIP 852 at a glance
| Feature | Details |
|---|---|
| Plan number / UIN | 852 / 512L334V01 |
| Plan type | Regular premium, unit-linked, non-participating |
| Minimum premium | ₹42,000 a year (₹3,500 a month) |
| Entry age | 90 days to 65 years |
| Policy term | 10 to 25 years (premiums for the full term) |
| Maturity age | 18 to 85 years |
| Sum assured | 10 × annualised premium (7 × from age 55) |
| Funds | Bond, Secured, Balanced, Growth |
| Guaranteed additions | 5–25% of one annual premium at end of years 6, 10, 15, 20, 25 |
| Status | Replaced by SIIP 752 |
How your fund value is estimated
For each year, the calculator deducts an assumed premium allocation charge (highest in year 1, lower later, and lower for online policies), deducts a mortality charge on the sum at risk, grows the fund at your chosen return, takes out the 1.35% fund management charge and adds guaranteed additions on schedule. There is no GST line, as individual life insurance is exempt from 22 September 2025. Before that, 18% GST applied to ULIP charges.
Example. A policyholder who joined at 35 paying ₹1,00,000 a year for 21 years has ₹10,00,000 of cover and pays ₹21,00,000 in total.
| Gross return | Estimated maturity value | Net yield |
|---|---|---|
| 4% | ₹27,52,280 | 2.39% |
| 8% | ₹43,96,294 | 6.29% |
| 8% (bought online) | ₹44,90,153 | 6.46% |
The 8% figure includes ₹50,000 of guaranteed additions.
Tip: look at your latest unit statement. Multiply units by today’s NAV and compare it with the table for your current policy year. It tells you quickly whether your fund choice is keeping up.
Maturity and death benefit
- Maturity: the fund value is paid on the maturity date, in one go or in instalments over up to five years through the settlement option.
- Death: the nominee gets the highest of the sum assured, the fund value or 105% of premiums paid. In our example, that is at least ₹22,05,000 by year 21.
Managing an existing 852 policy
- Keep paying if you can. Charges fall after the early years, and guaranteed additions need premiums to be up to date.
- Switch as maturity nears. Four free switches a year let you move from the Growth fund to Bond or Secured in the last few years to protect gains.
- Partial withdrawals are allowed after five years, within limits, if the life assured is 18 or older.
- Tax: premiums qualify under Section 123 of the Income-tax Act, 2025 (earlier Section 80C) (old regime). Maturity is usually exempt under Section 11 read with Schedule II of the Income-tax Act, 2025 (earlier Section 10(10D)) when cover is 10 times the premium and your total ULIP premiums are within ₹2.5 lakh a year. Death benefit is tax-free.
Thinking of stopping? Estimate the exit value with our surrender value calculator first.
SIIP 852 vs SIIP 752
| SIIP 852 | SIIP 752 | |
|---|---|---|
| UIN | 512L334V01 | 512L334V02 |
| Status | Replaced | Available from 1 Nov 2024 |
| Minimum premium | ₹3,500 a month | ₹3,500 a month |
| Cover | 10 × AP (7 × from 55) | 10 × AP (7 × from 55) |
| Guaranteed additions | 5–25% of one AP | 5–25% of one AP |
New buyers should use the SIIP 752 calculator. Anyone with a lump sum instead of a monthly budget can look at the single-premium sibling, Nivesh Plus 849 and its successor 749.
How to use this calculator
Enter the premium, mode, entry age and term from your policy bond, choose agent or online, and set an expected return. You get the estimated fund value, net yield, guaranteed additions, total charges and death benefit, plus a year-by-year table. All numbers are estimates, not LIC’s official values.
Frequently asked questions
Is LIC SIIP 852 still sold?
No. LIC has replaced it with SIIP 752 (UIN 512L334V02), available from 1 November 2024. Policies already issued under 852 continue on their original terms, so you keep paying premiums and your units stay invested.
Does SIIP 852 have a guaranteed maturity amount?
No. SIIP is a ULIP, so the maturity benefit is the fund value on the maturity date. Only the guaranteed additions (5% to 25% of one annual premium at fixed years) are fixed. Some calculators online wrongly treat 852 as a traditional plan with a guaranteed maturity.
What are the guaranteed additions in SIIP 852?
5%, 10%, 15%, 20% and 25% of one annualised premium at the end of policy years 6, 10, 15, 20 and 25. On ₹1 lakh a year over 21 years, that adds ₹50,000, credited as extra units, provided all premiums have been paid.
What happens if I stop paying SIIP 852 premiums?
If you stop within the first five years, the fund moves to a discontinued policy fund and is paid after the lock-in unless you revive the policy. After five years, you can revive, continue on reduced terms or surrender for the fund value, as the policy allows.
What does the nominee receive under SIIP 852?
The highest of the basic sum assured (10 times the annual premium, or 7 times if you joined at 55 or later), the fund value, or 105% of all premiums paid, less any partial withdrawals in the last two years.
Should I switch from SIIP 852 to SIIP 752?
There is little reason to. Both have the same core benefits, and surrendering one to start another restarts the heavy early-year charges and a new lock-in. Continuing the 852 policy is usually better if you still need it.
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.