Easily estimate your LIC premium for 2025 with our free online calculator, with simple, fast, and accurate!
LIC Premium Calculator
Estimate your LIC policy premium by entering your age, policy type, sum assured, and more.
Disclaimer: Any private or personal information entered into the LIC Premium Calculator and other essential LIC calculators is not collected, saved, or shared by us.
First example: User Information
User Information:
Type of Policy: Endowment Plan
₹5,00,000 is the sum assured.
Term of Policy: 20 Years
30 years old
Frequency of Payment: Annual
✅ Approximate Premium: ₹24,500 annually
Example 2: User Information
Type of Policy: Term Insurance
₹1,00,00,000 is the total amount guaranteed.
Duration of Policy: 30 Years
28 years old
Frequency of Payment: Monthly
✅ Approximate Monthly Premium: ₹850
Example 3: User Information
Type of Policy: Child Plan;
Total Assured: ₹10,000,000
Term of Policy: 15 Years
35 years old
Payment Period: Quarterly
✅ Approximate Premium: ₹8,200 per quarter
Example 4: User Information
Type of Policy: Money Back ₹3,00,000 is the policy sum assured.
Term of Policy: 25 Years
40 years old
Frequency of Payment: Half-Yearly
✅ The estimated premium is ₹9,500 every six months.
Users can easily relate to and comprehend these examples by using them to illustrate their needs.
Thank You.
👉 Read More: What is LIC Premium Calculator Online (2025) and How It Works?
FAQs About LIC Premium Calculator
1. What motivated you to develop the LIC Premium Calculator tool?
To make it simple for consumers to calculate their LIC policy premiums without doing so by hand.
2. Is it free to use the LIC Premium Calculator?
Yes, everyone can use it for free.
3. Do I have to sign up or log in to use it?
No, you don’t need to register to use it.
4. How precise is the estimate of the premium?
Although the final premium may differ slightly, it provides a close estimate based on standard LIC rates.
5. Will my private information be shared or saved?
No, we don’t store or share any information because we value your privacy.
6. Can I use my phone to access the premium calculator?
Yes, it functions flawlessly on desktops, tablets, and smartphones.
7. What is the LIC 70,000 per year plan?
A LIC plan where you pay ₹70,000 per year is typically a premium-based investment policy. Depending on the chosen plan (like LIC Jeevan Labh or LIC New Endowment Plan), this yearly premium builds up a maturity value or life cover.
8. What is the LIC policy 7.5 lakh?
A LIC policy of ₹7.5 lakh usually refers to the sum assured—the guaranteed amount your nominee gets if something happens to you. At maturity, the payout can be higher due to bonuses. You can choose a plan (like Jeevan Anand or Jeevan Labh) where ₹7.5 lakh is the coverage or target maturity amount.
9. Which LIC plan is best for 5 years?
LIC Single Premium Endowment Plan
LIC Bima Bachat
are good options. They offer quick returns, insurance cover, and maturity benefits within 5 years.
10. What is LIC 2000 per month?
A ₹2,000 per month LIC plan means you’re paying ₹24,000 per year. Based on your age and policy type, you could get life cover plus investment returns. This can suit plans like:
LIC New Jeevan Anand
LIC Jeevan Labh
They offer long-term savings with insurance protection.
