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 www.licindia.in 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. pls tell me how much my policy cash value today.
    My policy no is 176893518 ,growth fund,i invest 10000 per year from 3 years.
    Pls send me mail at
    skumarsunil5680@gmail.com

  2. My Policy Name: Market Plus 1,
    Plan No. :181
    My policy no-776523320
    Date of commencement-10/03/2008
    plan of term-10 Years
    Mode of primum: Single (yearly 10,000)
    Total investment: 40,000/-
    Questions-Current cash value of my policy .
    kindly answer.
    Thank you

  3. Sharmarket invest 2007year se annual rs 20
    000 invest kiya ab tak 100000 rs invest ho chuka hai return kitana milega

  4. my ulip policy no.is 264723115.plan-188. i want to know the current cash value of my policy

  5. Hi. WHAT IS THE CURRENT VALUE OF ONE UNIT IN MARKET PLUS 1,GROWTH FUND,PLEASE INFORM ME VIA E-MAIL IN EVERY MONTH

  6. I have by Geevan saral with monthly premium 5000 for 10 years please tell me what is the maturiaty after 10years

  7. Is there any Interface / option / tool on website where we can come to know the unit linked with our policy if we provide a policy number?????

    Please suggest

  8. mohd naseemansari July 26, 2011 at 1:21 pm

    Sir,

    May i request to ask about bond.
    1-I have taken Rs.5000/-LIC bond and deposited 5×5000/-
    as on surrender value Rs.23715/- is it correct.
    Yours Faithfully,
    Mohd Naseem Ansari,Field Inspector,UPNEDA,Lucknow

  9. homnarayan pradhan April 7, 2011 at 8:19 pm

    let me know the web site addresses of the sources so that I can obtain the uptodate current value of units of Market Plus…

  10. Nand Lal Thakur March 15, 2011 at 2:22 pm

    My Policy Name: Market Plus 1,
    Plan No. :191
    My policy no-153179569,
    Date of commencement-15/11/2008.
    plan of term-15 Years
    Mode of primum: Single
    Total investment: 40,000/-
    Questions-Current cash value of my policy .
    kindly answer.
    Thank you

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