Sum Assured: It is the basic insurance amount to select, In LIC new Jeevan Anand Risk Cover of Individual is 125% of Basic Insurance Amount (Basic Sum assure).

Suppose if a person opt Rs 1 lakh as Basic sum assure and dies in policy term, he is liable to get Rs 125,000 plus bonus.

Bonus : LIC declares Bonus every years  .It depend on Policy term (years) . Suppose ,if a person took LIC New Jeevan Anand from 20 years back but policy is going to mature this year. LIC will calculate todays  bonus rate to return as maturity.

Example , Let todays Bonus rate is 48 per thousand ,has been declare .One person had LIC New Jeevan Anand policy from 20years back with Basic Sum assure of Rs 10 lack .

then Bonus will as 

48/1000 X 100,000 X 10 = Rs 48000

FAB (Final Addition Bonus) : It will be calculated for last years only. In this LIC New Jeevan Anand Maturity Calculator ,we had taken present FAB rate s per chart of year 2020-21.