LIC premium calculator
One calculator, every LIC plan. Pick a plan, set your age, sum assured, term and premium mode, and see an estimated premium alongside the projected maturity and surrender value. The same engine powers the calculator embedded on each plan page and the revival cost estimator in the Servicing Hub.
LIC Premium & Maturity Calculator
Estimates from publicly published LIC rate tables. Not a quotation.
- Yearly premium
- ₹28,884
- First instalment
- ₹28,884
- Renewal instalment
- ₹28,884
- Total outgo over the term
- ₹6,06,564
- Estimated maturity value
- ₹10,53,500
- Indicative surrender value (mid-term)
- ₹1,24,820
Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.
How to read these numbers
Premiums are derived from LIC's publicly published tabular rates for a standard, healthy life. Your final premium can differ because of mode and high sum assured rebates, and any extra loading applied after underwriting.
For participating plans, the maturity figure includes an assumed bonus accrual. Bonus rates are declared annually by LIC and are not guaranteed. Non-participating plans such as Bima Jyoti and Jeevan Azad have a contractually fixed maturity amount, so those projections are far more precise.
Want the official figure? Send your details and you will receive LIC's own quotation, usually the same day.