How To Check The Cash Value Of Your LIC ULIP Policy in Just 60 Seconds!

ULIP Policy NAV: If you ever asked yourself, How do you check the current cash value of your ULIP policy? Then keep reading. Most of us don’t know how to calculate the maturity value or current cash value. You just guess the value, right? or maybe calling your LIC agent every month to check the value.

Calculating the ULIP Policy NAV is not as difficult as you may think. In this article, we will show you how to do it in a few simple steps. By understanding how to calculate the current cash value of your policy, you can be better prepared for the future.

The first step is to find the current value of your investment. This can be found on your most recent statement from the insurance company. The second step is to calculate the fees that have been charged by the insurance company. These fees can be found in the policy contract. The third step is to subtract the fees from the current value of your investment. This will give you the current cash value of your ULIP policy.

In this Digital India, you can get all the information about your policy anytime from your smartphone itself. Now, no need to call your agent or visit the branch.

To know the current cash value of your ULIP policy, you need to know the number of units you have. I hope you already know how many units you have in your policy.

LIC sends a separate letter to your postal address with the unit allotment details after bond papers are issued. If you are unable to find the allotted units, you can register on LIC Website. Once you have your account registered, you can enroll all your policies in your account to have a glance at all your policy in one place. To Enroll, you must have all your policy details handy. ie. Policy Number.

Also Read  What is NAV And How It Is Important?

Once you know the units, visit the LIC NAV page at and locate the policy NAV.

For example:

Let’s assume you have 50,000 units of Market Plus 1 Growth fund.

  • Now we need to check today’s NAV.
  • At the time of writing Market Plus, 1’s NAV was Rs.23/unit (As of 8th August 2017)
  • Hence Current Cash value: 50000 x 23= 1150000

Your current Cash value will be Rs.1150000/-

As you know, NAV may go up or may go down as per the market condition. It’s good to keep checking the cash value of your investment once in six months.

Other ways to check your policy NAV

Your Branch: Your Branch will be able to tell you the exact value of your policy. Please contact your nearest LIC Branch.

Your Agent: Your agent has all the information about your policy, consider contacting them.

Customer Care: Call LIC Customer care and ask about your policy NAV and current value.

If you are looking for Traditional Policy status, you can check it here.

  1. let me know cash value of my policy no. 923599901

  2. I have LIC Money Plus policy with Growth Fund. As of today Bond fund is having high NAV values. Can i switch from Growth Fund to Bond Fund and then surrender the policy just after switching?.

  3. I want to withdraw all policies from below mentioned policies taken from LIC of India

    please help me current market value of each policy so that I will surrender:

    Waiting for your prompt and favorable reply

    LIC – Plan 180 Money 20000
    Policy No 923994288
    Date of commencement 14.08.07
    Policy Term

    LIC – Plan Market Plus plan 191 30000
    Policy No 903565432
    Date of commencement 7.01.2010
    Policy Term

    LIC – Future Plus plan 172 10000
    Policy No 923203087
    Date of commencement 31.03.05
    Policy Term

    LIC – Growth plan 180 10000
    Policy No 923993084
    Date of commencement 11.08.07
    Policy Term

  4. Dear

    Sir / Madam
    My policy no is 123336016 Please send me my
    policy detail on my email id .
    I want to see my policy . please sir reply .

    Thanku you

    Radha devi

  5. my policy 472894822.i know about my cash value of ulip policy my email address is

  6. market plus-1. tablet no-191.policy no-439564892/ of starting-12-08-2008 to 12-08-2033. please give surrender value & current amount

  7. i have invested rs 25000 in marketplus on 27.03.2008 what is the current growth value

  8. Christopher Castelino November 1, 2012 at 4:12 pm

    I have an amount of Rs. 1000/- p.m going as an ECS from my Bank towards Market Plus 1 scheme from Aug-2009 onwards. It is now more than 3 years & would like to discontinue the ECS. How do i go about doing it. Please send reply by email. Thank you

  9. dear sir
    i invest 30000 in ulip policy my policy no is 516774242.i want to know about my current value of policy.ple send my current value on my mob no is 9431079368.

  10. LIC is a Govt Body with a lot of fund because Educated & less educated Indians believe that their future savings are secured with Government.

    It is time to rethink all of us.
    The agents are cultivated by the Government who are actually sharks and are willing to suck your money after you pay them the premium.

    I have invested in Table 180, Policy No 425837944 fr a sum of Rs 5 Lakhs and the entire amount is paid. But till date i do npt know the units allotted to me.

    LIC Portaals are confusing and useless.
    Agents do not help you but keep asking you to make more policies. LIC offices through out Kolkata is a chaos, no different then other Govt offices. Babus behavious are like IAS officers till you are not opening a new policy. They forget, its our Money invested.

    Unfortunately this will not change for next 100 years if the officers and clerks attitude do not change.

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