OnlineLIC Jeevan Labh Plan (936) Premium Calculator

Online LIC Jeevan Labh Plan (936) Calculator

Premium Calculation Results

Year Premium Paid Survival Benefit Death Benefit Maturity Benefit

Note: This calculator provides an estimate based on standard premium rates. Actual premiums may vary based on LIC's underwriting decisions and other factors. The calculator assumes annual premium payment mode.

Guaranteed additions are calculated at ₹50 per ₹1,000 sum assured for first 5 years and ₹55 per ₹1,000 sum assured thereafter.



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Key Features of the Calculator

  1. Plan Options:

  2. Input Fields:

  3. Benefit Calculations:

  4. Output Display:

Notes

  1. The premium rates used in this calculator are illustrative examples. Actual LIC premium rates may differ based on their current pricing.

  2. This calculator assumes annual premium payment mode. Premiums may vary for other payment modes (monthly, quarterly, half-yearly).

  3. The calculator doesn't account for rebates that may apply for high sum assured amounts.

  4. For exact premium calculations, please consult with an LIC agent or use LIC's official premium calculator.



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Beginner's Guide to LIC Jeevan Labh Plan

Beginner's Guide to LIC Jeevan Labh Plan (Table 936)

What is Jeevan Labh Plan?

LIC Jeevan Labh is a limited premium payment money-back plan that combines savings with life insurance protection. It offers:

Key Features

Benefits You Receive

Death Benefit

If the policyholder passes away during the policy term:

Survival Benefits (Money-Back)

Policy Term Payment Years Benefit Amount Total Survival Benefit
16 years 15th year 15% of Sum Assured 15%
21 years 18th & 20th year 15% each time 30%
25 years 20th, 22nd & 24th year 15% each time 45%

Maturity Benefit

At the end of the policy term, you receive:

Who Can Buy This Plan?

How the Plan Works

Example: 25-Year Policy

  1. You pay premiums for 16 years
  2. Receive 15% of Sum Assured at end of 20th, 22nd, and 24th years (total 45%)
  3. At maturity (25 years), receive remaining 55% of Sum Assured + Guaranteed Additions
  4. Throughout the policy, you have full life cover

Guaranteed Additions

These are fixed amounts added to your policy each year:

Example: For ₹1,000,000 Sum Assured, you get ₹5,000/year for first 5 years, then ₹5,500/year after.

Tips for Beginners