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.
LIC Jeevan Labh Tool
Plan No. 936 • 2026 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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