LIC PREMIUM CALCULATOR

By | October 11, 2017

LIC PREMIUM CALCULATOR

“LIC Premium Calculator” -You can use this calculator for all LIC’s plans premium calculations, Premium according to Sum Assured, Term and Age. Goods and Service Tax (GST) are applicable on LIC insurance premium, Premium calculators display applicable GST separately. for yearly,half yearly,quarterly and monthly mode with service tax (GST).

Please follow these steps to calculate premium.

Please select plan,your age,term,sum assured,and accident benefit (if your age above 18.)

2 thoughts on “LIC PREMIUM CALCULATOR

  1. Om Prakash Yadav

    Please email ke premium details. My DOB is 1st July 1972. Premium paying terms is 13 years and assured amunt is 500000.

    Reply
    1. B.N.PANCHOLI

      To,
      Mr/Mrs/Ms : om prakash
      Plan : Jeevan Lakshya (833)
      Age :46
      Term :13
      PPT :10
      D.A.B. : 500000
      Death Sum Assured :550000
      Basic Sum Assured :500000

      1st year Premium With TAX 4.5% :
      Yearly : 53670 (51359 + 2311)
      Halfly : 27114 (25946 + 1168)
      Quarterly : 13696 (13106 + 590)
      Monthly(ECS) : 4566 (4369 + 197)
      YLY Mode Average Prem/Day : 147

      After 1st year Premium With TAX 2.25% :
      Yearly : 52515 (51359 + 1156)

      Total Approximate Paid Premium : 526305

      Approximate Return at Maturity Time :

      S.A. : 500000
      Bonus : 266500
      F.A.B. : 0
      Total Approximate Return at Maturity Time : 766500

      Reply

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