LIC Bima Jyoti (760) — Premium, Benefits & Calculator
LIC Bima Jyoti (760) is a guaranteed-return endowment: instead of variable bonuses, your policy earns a fixed Guaranteed Addition every year, so the maturity value is known in advance. See your premium below.
Calculate my premium →About LIC Bima Jyoti (760)
LIC Bima Jyoti is a non-participating, non-linked, limited-premium endowment plan. Unlike with-profits plans it does not depend on yearly bonus declarations — instead it credits a Guaranteed Addition of ₹50 for every ₹1,000 of Basic Sum Assured for each policy year. That makes the maturity figure predictable from day one.
It offers guaranteed, low-risk growth with life cover, and the premium-paying term is five years shorter than the policy term.
Key details at a glance
| Plan type | Non-Participating Guaranteed Endowment |
| Entry age | 8 to 60 years |
| Policy term | 15 to 20 years |
| Minimum sum assured | ₹ 1,50,000 |
| GST on premium | Nil (exempt from 22 Sep 2025) |
Benefits
- Guaranteed Additions: ₹50 per ₹1,000 Basic Sum Assured accrue every policy year — no dependence on bonus performance.
- Maturity benefit: Basic Sum Assured + accrued Guaranteed Additions, known in advance.
- Death benefit: Sum Assured on Death (higher of 125% of Basic Sum Assured or 7 times annualised premium) plus accrued Guaranteed Additions.
- Limited premium: pay for the policy term minus five years.
How much is the premium?
The premium depends on your age, the term or paying period you choose, and the sum assured. The figures here come from LIC’s own official rate tables, so they match LIC’s quotation to the rupee.
Frequently asked questions
How is Bima Jyoti different from an endowment with bonus?
Bima Jyoti pays a fixed Guaranteed Addition each year instead of a variable reversionary bonus, so the maturity value is guaranteed rather than estimated.
What are the term options?
Policy terms of 15 to 20 years, with premiums paid for the term minus five years.
What is the minimum sum assured?
₹1,00,000 (Bima Jyoti allows relatively low entry sums).
Is any GST added to the premium?
No — individual life-insurance premiums are exempt from GST from 22 September 2025.
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Disclaimer: BimaJaano is an independent tool and is not affiliated with the Life Insurance Corporation of India. Premium figures are based on LIC’s published tabular rates and are for guidance; benefit descriptions are summaries of the plan’s official terms. Confirm exact figures and features with LIC before buying.