LIC Premium Calculator
Get an estimated monthly premium for popular LIC plans. Figures are approximate — actual premium may vary.
Estimated Premium
Monthly Premium (est.)
₹500
Annual Premium (est.)
₹6,000
Total Paid Over Term
₹1,80,000
Cover / Premium Ratio
0x
* Estimates based on IRDAI rate tables. Actual premium depends on underwriting, Riders selected, and LIC's current rates. Get exact quote from LIC.
How to use LIC Premium Calculator India
Choose your LIC plan
Select from Jeevan Anand, Tech Term, New Endowment, Jeevan Labh, Arogya Rakshak, or Jeevan Lakshya.
Enter your personal details
Provide your date of birth, gender, and smoker status — these affect your premium rate.
Set coverage parameters
Choose sum assured, policy term, and premium paying term. Higher coverage and longer terms increase the premium.
Add riders (optional)
Enhance your cover with Critical Illness, Accident Benefit, or Term Assurance riders.
Calculate and compare
See annual, half-yearly, and monthly premium options. Compare across different sum assured amounts.
Frequently Asked Questions
How accurate is the LIC premium calculator?
LIC premium calculators provide estimates based on IRDAI-approved rates. Actual premiums may vary slightly due to underwriting decisions, loading charges, and GST. For exact figures, contact a LIC agent.
Does LIC offer online premium calculation?
Yes. LIC India's official website has a premium calculator for most plans. You can also calculate premiums through LIC's mobile app or by visiting any LIC branch.
What is the minimum sum assured for LIC Jeevan Anand?
The minimum sum assured for LIC Jeevan Anand is typically ₹1,00,000. However, this varies by plan and should be confirmed with LIC's latest brochure.
Can I calculate LIC premium for a new-born baby?
Yes. LIC plans like Jeevan Anand and Jeevan Labh accept policies for minors as young as 0-1 year, with a parent or guardian as the policyholder.