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LIC Financial Tools & Policy Utilities

Essential calculators for policyholders and agents: surrender value, loan eligibility, side-by-side plan comparisons, HLV, and revival penalties.

5
Power Tools
Liquidity Essential

LIC Surrender Value Calculator

Calculate Guaranteed Surrender Value (GSV) vs Special Surrender Value (SSV) if discontinued after 2 full years.

Open Surrender Calculator →
Loan Facility 90% Limit

LIC Policy Loan Calculator

Check maximum sanctionable loan amount (up to 90% of surrender value) at current 9.5% p.a. interest.

Open Policy Loan Tool →
Decision Tool Comparison

Compare Top LIC Plans

Compare Jeevan Labh, Jeevan Umang, New Endowment, and Jeevan Lakshya side-by-side on premium, yield, and death benefits.

Open Comparison Tool →
Financial Planning Protection

Human Life Value (HLV) Calculator

Accurately determine how much life insurance coverage your family needs based on expenses, inflation, and liabilities.

Calculate My HLV Cover →
Policy Revival Penalty Check

Late Fee & Policy Revival Calculator

Calculate penal interest and grace period status (30-day grace) to revive lapsed LIC policies.

Calculate Late Fee →

Other Useful Policy Utilities

Explore our other specialized financial tools for LIC policyholders.

🔄 Utility
Surrender Value Calculator
Calculate cash value if discontinued after 2 years
Launch Tool →
💳 Utility
LIC Policy Loan Calculator
Check eligible loan amount up to 90% of surrender value
Launch Tool →
⚖️ Utility
Compare Top LIC Plans
Side-by-side comparison of 936, 945, 914, 933
Launch Tool →
🎯 Utility
Human Life Value (HLV)
Family financial protection gap analysis
Launch Tool →
⏱️ Utility
Late Fee & Revival Tool
30-day grace period & penal interest check
Launch Tool →

Calculate Top LIC Policies

Directly evaluate premiums and maturity returns for popular plans.

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Jeevan Labh (Table 936)

Limited pay, high bonus endowment
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Jeevan Umang (Table 945)

8% guaranteed annual income till 99
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New Endowment (Table 914)

Traditional savings & protection
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Tech Term (Table 854)

Pure life cover up to ₹1 Crore+

Frequently Asked Questions about LIC Tools

Everything you need to know about policy surrender calculations, loans, and revival rules.

Q1: How does the LIC Surrender Value Calculator determine the payout? ⌄
The calculator evaluates both the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) based on completed policy years and premiums paid. LIC always pays the higher of the two values.
Q2: What is the maximum loan I can get against an LIC policy? ⌄
For in-force policies that have completed at least 2 full years, you can borrow up to 90% of the surrender value. For paid-up policies, the limit is 80%. Current LIC interest is approximately 9.5% p.a.
Q3: How does the Human Life Value (HLV) calculator calculate my protection need? ⌄
It replaces your economic value to your family by estimating future living expenses, retirement timeline, inflation adjustments, and outstanding liabilities like home loans, minus existing life insurance.
Q4: What is the grace period before an LIC policy lapses? ⌄
LIC allows a 30-day grace period for yearly, half-yearly, and quarterly payment modes, and a 15-day grace period for monthly mode. No late fee is charged during the grace period.