Endowment Policy Maturity Calculator

Work out endowment policy maturity instantly with clear inputs, formula shown and shareable results.

About Endowment Policy Maturity Calculator

A traditional endowment pays the sum assured plus accumulated reversionary bonuses at maturity. Bonuses are declared per thousand of sum assured each year and are not guaranteed, so the maturity value is an illustration rather than a promise — and the implied return is usually modest.

Formulas

Accumulated bonus

Bonus = Sum assured / 1,000 x Bonus per 1,000 per year x Term

Maturity value

Maturity = Sum assured + Accumulated bonus

Worked example

With the default values below, Endowment Policy Maturity Calculator returns Estimated maturity value of $1,840,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Sum assured: 1,000,000
Annual premium: 48,000
Policy term: 20 years
Reversionary bonus per 1,000 sum assured per year: 42

Results

Estimated maturity value: $1,840,000.00
Accumulated reversionary bonus: $840,000.00
Total premiums paid: $960,000.00
Maturity value per unit of premium paid: 1.917

Step by step

1Values used
2Accumulated bonus
3Maturity value
4Estimated maturity value= 1,840,000.00
5Accumulated reversionary bonus= 840,000.00
6Total premiums paid= 960,000.00
7Maturity value per unit of premium paid= 1.917

Assumptions and limits

The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax or fees or charges into account.
Figures are rounded for display to 3 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
Illustrative projection only. Bonus rates are not guaranteed and actual maturity values depend on insurer performance, charges and taxation. Not investment or insurance advice.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Illustrative projection only. Bonus rates are not guaranteed and actual maturity values depend on insurer performance, charges and taxation. Not investment or insurance advice.

Frequently Asked Questions

Are reversionary bonuses guaranteed?

No. They depend on the insurer's investment performance and are declared annually. Once declared, they attach to the policy.

Is an endowment a good investment?

It bundles modest protection with low-return savings. Separating term cover from a market-linked investment usually produces a better outcome for the same outlay.