LIC Calculator Jeevan Labh in 2023

Welcome to our blog, where we unravel the mysteries of insurance and help you make informed decisions. Today, we’re diving into the world of LIC (Life Insurance Corporation) and introducing you to an invaluable tool – the LIC Calculator Jeevan Labh. Whether you’re new to LIC or a seasoned policyholder looking for ways to maximize your benefits, this article will guide you through everything you need to know about Jeevan Labh and how to use LIC’s calculator effectively. So, let’s get started on this exciting journey!

LIC Calculator Jeevan Labh

Also Read : LIC Table No 102 Maturity Plan

What is lic?

LIC, short for Life Insurance Corporation, is a renowned insurance provider in India. Established in 1956, LIC has been serving millions of policyholders for over six decades. As a state-owned insurance company, LIC offers various life insurance plans to cater to the different needs and requirements of individuals.

What sets LIC apart from other insurance providers is its commitment to customer satisfaction and trustworthiness. With a wide range of policies covering everything from term insurance to endowment plans, ULIPs (Unit Linked Insurance Plans) to pension schemes, LIC ensures that there is something for everyone.

LIC’s primary objective is to provide financial security and protection against unforeseen circumstances such as death or disability. By offering comprehensive coverage at affordable premiums, they aim to create peace of mind for policyholders and their families.

Moreover, LIC boasts an extensive network across the country with numerous branches and agents who are readily available to assist customers. Their strong presence ensures that you can access their services conveniently wherever you are located.

LIC stands tall as a trusted insurer with years of experience in safeguarding lives and securing futures. Whether you’re looking for income replacement or long-term wealth creation, LIC has the expertise and variety of plans necessary to meet your unique needs effectively.

How to use lic calculator?

The LIC calculator is a valuable tool that helps you determine the amount of premium you need to pay for your insurance policy. It takes into account various factors such as age, gender, sum assured, policy term, and premium payment frequency. Using the LIC calculator is easy and straightforward.

To begin with, you need to visit the official website of LIC India. Look for the ‘Premium Calculator’ option on their homepage. Click on it to access the calculator tool.

Once you are on the LIC Premium Calculator page, enter all the relevant details asked for in the form. This includes your age, gender, sum assured amount, policy term (number of years), and premium payment frequency (monthly/quarterly/half-yearly/yearly).

After entering all these details accurately, click on ‘Calculate’. The LIC calculator will process your information and provide you with an estimate of your premium amount.

You can also experiment with different variations by changing some inputs like sum assured or policy term to see how it affects your premium amount.

Using an LIC calculator is a convenient way to get an idea about how much premium you would be required to pay before actually purchasing a policy. It allows you to make informed decisions based on your budget and financial goals.

So why wait? Try out the LIC calculator today and take control of planning for a secure future!

What is Jeevan Labh?

Jeevan Labh is a popular life insurance policy offered by LIC (Life Insurance Corporation of India). It is a non-linked, limited premium paying plan that provides both protection and savings. This policy offers guaranteed additions as well as bonuses to enhance the maturity benefit.

One of the key features of Jeevan Labh is its flexibility in terms of choosing the policy term. Policyholders can opt for a term between 16 to 25 years, depending on their financial goals and requirements. The minimum sum assured under this plan starts at Rs. 2 lakh, making it accessible to a wide range of individuals.

The maturity benefit in Jeevan Labh includes the basic sum assured along with accrued guaranteed additions and vested reversionary bonuses. Additionally, there is also an optional rider available for accidental death and disability coverage.

To calculate the premium and other details related to Jeevan Labh, you can use LIC’s online calculator specifically designed for this purpose. This user-friendly tool takes into account various factors like age, sum assured, policy term, etc., to provide accurate results instantly.

In conclusion, Jeevan Labh from LIC offers dual benefits of insurance coverage and savings accumulation over a specified period. Its flexibility in terms of policy duration makes it suitable for different financial objectives. By using LIC’s jeevan labh calculator, you can easily determine the premium amount as well as understand how your investment will grow over time!

Also Read : LIC Jeevan Labh Agent Commission

How to calculate jeevan labh?

Calculating Jeevan Labh, one of the popular insurance plans offered by LIC, is a simple process that can be done using LIC calculator. It allows individuals to determine the premium amount and maturity benefits based on their requirements.

To calculate Jeevan Labh, you need to consider certain factors such as age, policy term, sum assured and premium payment frequency. The LIC calculator takes these inputs into account and provides an estimate of the premium amount payable for the chosen plan.

Enter your age at the time of taking the policy. Then select the policy term from available options provided by LIC. Next, choose your desired sum assured which indicates the amount that will be paid to your beneficiaries in case of unfortunate events.

Select your preferred premium payment frequency – monthly/quarterly/half-yearly/yearly. Once all these details are entered accurately into the LIC jeevan labh calculator software or app, it will provide you with a calculation summary showing various scenarios like premiums payable per year/month/quarter etc., maturity benefits under different conditions and other relevant information.

Using this information obtained from lic jeevan labh calculator helps you make informed decisions regarding insurance coverage while ensuring financial security for yourself and your loved ones in times of need.

How to use lic jeevan labh calculator?

The LIC Jeevan Labh calculator is a valuable tool that can help you determine the premium amount and maturity benefits of your policy. It provides a quick and accurate way to calculate these figures, saving you time and effort.

To use the LIC Jeevan Labh calculator, simply visit the LIC website or download their mobile app. Then enter some basic details about yourself, such as your age, gender, desired sum assured, policy term, and premium payment frequency.

Once you have entered all the necessary information into the calculator, it will generate instant results showing you various options for premium amounts and corresponding maturity benefits. This allows you to compare different scenarios and choose the one that suits your needs best.

The calculator takes into account factors like inflation rates, interest rates on investments, mortality rates among others to provide accurate estimates. It also considers any additional riders or add-ons that you may opt for with your policy.

Using this tool gives you a clear picture of what to expect from your LIC Jeevan Labh policy in terms of premiums and returns. It helps in making informed decisions regarding your financial planning while ensuring maximum benefits from your investment.

In conclusion, the LIC Jeevan Labh calculator is an excellent resource for individuals looking to evaluate their life insurance options effectively. By using this tool before purchasing a policy, they can make well-informed decisions based on accurate calculations tailored to their specific needs


LIC Calculator is a valuable tool that allows individuals to estimate the premiums and benefits of various LIC insurance plans. It helps in making informed decisions about which plan suits their needs and budget best.

Specifically, the LIC Jeevan Labh calculator is designed for calculating returns from the Jeevan Labh policy. This policy offers both protection and savings, making it an attractive choice for individuals looking for long-term financial security.

By using the LIC Jeevan Labh calculator, one can easily determine the premium amount based on their age, desired sum assured, and policy term. The calculator also provides detailed information about maturity benefits and annual cash flow projections.

Whether you are planning for your child’s education or saving up for a comfortable retirement, understanding the potential returns from an insurance plan like Jeevan Labh can help you make better financial decisions.

So why not take advantage of this user-friendly tool offered by LIC? With just a few clicks, you can calculate your premiums and expected returns without any hassle. Remember to consider your specific financial goals and consult with professionals if needed before making any investment decision.

So go ahead, try out the LIC Calculator today! Take control of your finances and secure a brighter future for yourself and your loved ones with ease.

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