LIC Jeevan Utsav Calculator
LIC Jeevan Utsav Calculator helps you estimate premium, bonus, and maturity value instantly. It is designed to help users understand how LIC plans grow over time.
How LIC Jeevan Utsav Calculator Works
This calculator uses a simple LIC bonus-based formula combining sum assured and expected bonus rates to give you realistic maturity estimates.
Benefits of LIC Jeevan Utsav Plan
Guaranteed returns, life coverage, bonus additions, tax benefits under 80C, and long-term savings.
Understanding the Calculator Outputs
Total Premium Paid, Bonus Earned, and Final Maturity Value.
Eligibility
Minimum age 18 years, maximum 65 years.
Calculation Formula
Bonus = Sum Assured × Bonus Rate × Term
Why Use LIC Calculator
To compare policies, understand returns, and make informed financial decisions.
Types of LIC Calculators
- Premium Calculator
- Maturity Calculator
- Surrender Value Calculator
Example
If Sum Assured is ₹10,00,000 and Bonus is ₹50 per 1000, maturity value increases significantly.
Benefits of Using LIC Calculator
Accuracy, instant results, financial planning.
Important Tips
Always verify with LIC agent before final purchase.
FAQs
1. What is LIC Jeevan Utsav?
A savings and insurance plan.
2. How maturity is calculated?
Based on sum assured + bonus.
3. Is bonus guaranteed?
No.
4. Can I surrender policy?
Yes after minimum period.
5. Tax benefits?
Under 80C.
Disclaimer
This website is not an official LIC (Life Insurance Corporation) Website. The information provided here is for general guidance and educational purposes only. It is intended to help users Explore Ideas and Understand Lic Plans Before or after Purchasing Them. We do not provide professional financial or insurance advice. For Official Details, Benefits, Or Policies, Please Consult Lic Directly or a Licensed Financial Advisor.