LIC premium calculator: 11 plans, riders and estimated maturity
This free LIC premium calculator gives you an instant, indicative premium for 11 of LIC’s current plans — New Endowment (714), Jeevan Labh (736), New Jeevan Anand, Jeevan Lakshya (733), Bima Jyoti (760), New Money-Back 20 and 25 years (720 / 721), New Children’s Money-Back (732), Jeevan Tarun (734), Jeevan Umang (745) and Jeevan Utsav (771). Enter your date of birth, sum assured and term, and it works out the yearly, half-yearly, quarterly or monthly premium.
You can also add optional riders — Accidental Death & Disability Benefit, Accident Benefit, Term Assurance and Critical Illness — and, for eligible plans, an estimated maturity value from the current bonus and Final Additional Bonus. Child plans use the child’s actual completed age, as LIC does.
Frequently asked questions
Are the premiums exact? They are close indicative figures from LIC’s published rates; confirm with LIC or an agent before buying.
Is the maturity value guaranteed? No. It assumes the current bonus continues; LIC declares bonuses yearly, so the actual figure will differ.
Is it free? Yes, and no personal details are required.