LIC Jeevan Labh
Calculator Pro
LIC Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. Use our LIC Calculator below to get instant premium and maturity estimates for 2026.
IMPORTANT YMYL DISCLAIMER
The calculations provided below are estimates generated for educational purposes only. They are based on historical data and publicly available actuarial formulas. We are NOT affiliated with LIC of India. Actual maturity amounts, premiums, and surrender values will vary. Please consult a registered financial advisor before making any investment decisions.
LIC Jeevan Labh Tool
Plan No. 936 • 2026 Rates
Understanding Your Calculation
The LIC Jeevan Labh calculator utilizes the standard base rates and actuarial modifiers applied by LIC. By entering your entry age, sum assured, policy term, and premium paying term, the engine generates an estimated yearly premium and maturity value.
These projections include assumed Simple Reversionary Bonuses and Final Additional Bonuses based on historical performance trends. Please Note: This is a supplementary tool intended strictly for informational and educational use. Actual LIC policies are subject to underwriting guidelines, service taxes, and periodically updated bonus rates.
Key Features of
LIC Jeevan Labh
Limited Premium Payment: Pay for 10, 13, or 16 years for terms of 16, 21, or 25 years.
High Bonus Rates: Participating plan with high reversal bonus.
Loan Facility: Available after 2 years.
Riders: Accidental Death and Disability, Term Assurance, Critical Illness.
Eligibility Criteria
Why choose LIC Jeevan Labh?
Maturity Benefit
Sum Assured on Maturity + Vested Simple Reversionary Bonuses + Final Additional Bonus.
Death Benefit
Sum Assured on Death + Vested Simple Reversionary Bonuses + Final Additional Bonus.
Tax Savings
Premiums paid are tax-exempt under Section 80C and Maturity is tax-free under Section 10(10D).
Example Calculation
Let's see how LIC Jeevan Labh works for a 30-year old individual choosing a Sum Assured of ₹5,00,000 for 25 years.
Annual Premium
₹23,450 (Approx)
Total Premium Paid
₹3,75,200
Accrued Bonus
₹5,25,000
Total Maturity
₹10,50,000*
*Values are estimates based on current bonus rates and vary by plan details.
Plan Advantages
- Guaranteed returns in some variants
- High life cover with low premiums
- Tax benefits under 80C and 10(10D)
- Loan facility for emergencies
Things to Consider
- -Long lock-in period for maximum returns
- -Lower liquidity compared to mutual funds
- -Early surrender may lead to losses
- -Returns depend on LIC's yearly performance
Frequently Asked Questions
What is the minimum age for LIC Jeevan Labh?
The minimum age to enter LIC Jeevan Labh is 8 Years.
Can I take a loan against this policy?
Yes, you can take a loan after 2 years of premium payment.
Is the maturity amount tax-free?
Yes, maturity is generally tax-free under Section 10(10D) if premiums are within limits.
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