LIC policy planning becomes easier when the premium, maturity amount, surrender value, return, and policy benefits are understood before making a decision. LICPolicyCalculator.com provides simple online calculators for LIC policyholders and buyers who want to estimate important policy values without doing complex manual calculations.
Use the calculator placed above to estimate LIC premium, maturity value, policy return, surrender value, bonus, loan eligibility, paid-up value, and term insurance premium. Enter the available policy details such as age, sum assured, policy term, premium paying term, premium mode, and plan number to view an estimated result.
The calculations are useful for planning, comparison, and understanding policy commitments. However, the final premium, maturity amount, bonus, surrender value, and other benefits depend on the exact LIC policy conditions, underwriting, taxes, applicable riders, and official declarations.
Calculate Your LIC Policy Details Online
An LIC policy calculator helps estimate key policy details in a few simple steps. Instead of manually checking premium tables, bonus assumptions, survival benefits, or surrender rules, users can enter policy information and receive an instant estimate.
The calculator can be used before buying a policy, while reviewing an existing policy, or when planning financial goals. It is useful for understanding how much premium may be payable, how long premiums must be paid, what amount may be received at maturity, and how much value may be available if a policy is surrendered or made paid-up.
Different LIC policies have different benefit structures. A term plan is mainly meant for life protection, while endowment, money-back, child, pension, and ULIP plans may have different premium, maturity, return, and surrender rules. Therefore, selecting the correct calculator and policy plan is important.
Find the Right LIC Calculator
Choose the calculator according to the result required.
| Requirement | Recommended Calculator |
|---|---|
| Want to estimate policy premium | LIC Premium Calculator |
| Want to check the expected maturity amount | LIC Maturity Calculator |
| Want to know surrender value | LIC Surrender Value Calculator |
| Want to calculate total return from policy | LIC Return Calculator |
| Want to estimate life cover premium | LIC Term Insurance Calculator |
| Want to estimate declared bonus impact | LIC Bonus Calculator |
| Want to check loan eligibility | LIC Policy Loan Calculator |
| Want to estimate reduced policy benefit | LIC Paid-Up Value Calculator |
Use the LIC Premium Calculator before purchasing or renewing a policy. Use the LIC Maturity Calculator when planning for a future financial goal. Existing policyholders can use the LIC Surrender Value Calculator, LIC Policy Loan Calculator, or LIC Paid-Up Value Calculator to understand available policy options.
LIC Calculator Tools Available on Our Website
LIC Premium Calculator
The LIC Premium Calculator estimates the amount payable for a selected LIC policy. Users can choose policy term, premium paying term, sum assured, age, premium mode, and plan type to get an approximate premium estimate.
It helps compare yearly, half-yearly, quarterly, and monthly payment options. Premiums can vary according to policy type, age at entry, health condition, underwriting decision, rider selection, and applicable taxes.
Use the LIC Premium Calculator to estimate premium payments before selecting a policy.
LIC Maturity Calculator
The LIC Maturity Calculator estimates the possible amount receivable at the end of the policy term. Depending on the policy, the result may include sum assured, survival benefit, loyalty addition, reversionary bonus, final additional bonus, or other applicable benefits.
Traditional LIC policies may include bonuses, but bonus rates are not fixed in advance. LIC declares bonuses according to the policy rules and applicable valuation process. Therefore, maturity results should be treated as estimated planning figures rather than guaranteed values. LIC’s customer services also allow eligible policyholders to view accumulated bonus details in their policy information.
LIC Surrender Value Calculator
The LIC Surrender Value Calculator estimates the value that may be available if a policy is discontinued after it has acquired surrender value. Not every LIC policy receives surrender value immediately. Eligibility, guaranteed surrender value, special surrender value, and paid-up rules depend on the specific plan and completed premiums.
Some policy documents specify that regular premium policies may require a minimum number of completed policy years and premiums before the surrender value becomes available. The exact conditions can differ from one LIC plan to another.
LIC Return Calculator
The LIC Return Calculator helps estimate the financial outcome of a policy by comparing total premiums paid with expected maturity or benefit value. It can show estimated total investment, expected gain, and approximate annual return.
This calculator is especially useful for traditional savings plans, endowment plans, money-back policies, child plans, pension policies, and selected market-linked policies. The return result should not be treated as a guaranteed investment return because bonuses, market-linked fund performance, charges, taxes, and policy benefits can differ.
LIC Term Insurance Calculator
The LIC Term Insurance Calculator estimates the premium for life cover. It is useful for individuals who want to assess how much life insurance protection may be needed and what premiums may be payable for that cover.
Term insurance is primarily designed to provide death benefit protection during the selected policy term. Standard term insurance plans generally do not provide a maturity amount unless a specific return-of-premium or other benefit option is included in the policy.
LIC currently lists online protection options such as Digi Term and New Tech Term, with features that may include level or increasing sum assured options and different premium-payment choices.
Use the LIC Term Insurance Calculator to estimate life cover premiums.
LIC Bonus Calculator
The LIC Bonus Calculator helps estimate how declared bonus rates may affect the maturity value of participating LIC policies. It can be useful for understanding the possible contribution of a simple reversionary bonus, a final additional bonus, or a loyalty addition, where applicable.
Bonus is not available under every LIC policy. Non-participating policies, term policies, and certain other plans may not provide bonus benefits. Bonus declarations can change over time and should not be assumed as fixed for future years.
LIC Policy Loan Calculator
The LIC Policy Loan Calculator estimates possible loan eligibility against an eligible policy. Policy loans are generally linked to the surrender value of the policy and are subject to plan-specific conditions.
Loan availability, maximum loan percentage, interest rate, outstanding loan deduction, and repayment terms may vary by plan. LIC policy conditions may allow a loan amount up to a stated percentage of surrender value, with different treatment for in-force and paid-up policies.
LIC Paid-Up Value Calculator
The LIC Paid-Up Value Calculator estimates the reduced benefit of a policy when premium payments stop after the policy has acquired paid-up value. Instead of completely surrendering the policy, some policyholders may choose to continue with reduced benefits according to policy rules.
Paid-up value depends on the number of premiums paid, the premium paying term, the sum assured, the policy status, applicable bonus, and the exact terms of the LIC plan.
Popular LIC Policy Calculators
The following policy calculators are commonly searched by LIC policyholders:
| LIC Plan Calculator | Useful For |
|---|---|
| LIC Jeevan Labh Plan 836 Calculator | Premium, maturity and surrender estimate |
| LIC Jeevan Tarun Plan 834 Calculator | Child plan benefit calculation |
| LIC Jeevan Lakshya Plan 833 Calculator | Family protection and savings estimate |
| LIC Jeevan Pragati Plan 838 Calculator | Premium and maturity planning |
| LIC New Jeevan Mangal Plan 840 Calculator | Micro-insurance policy estimate |
| LIC Jeevan Umang Plan 845 Calculator | Survival benefit and maturity estimate |
| LIC Jeevan Shiromani Plan 847 Calculator | Premium, survival benefit and maturity estimate |
| LIC Aadhaar Shila Plan 844 Calculator | Premium, maturity and loan estimate |
| LIC Tech Term Plan Calculator | Term insurance premium estimate |
| LIC New Pension Plus Plan 867 Calculator | Retirement and fund value planning |
| LIC Smart Pension Plan 879 Calculator | Pension and annuity planning |
Latest LIC Policy Calculators
Newer LIC plans should be clearly separated from discontinued plans. This improves trust because visitors can understand whether a plan may be available for new purchase or whether the calculator is intended only for existing policyholders.
LIC’s official product pages list current categories such as endowment plans, pension plans, term assurance plans, unit-linked plans, money-back plans, and other product groups. The pension category currently includes plans such as New Pension Plus, Jeevan Akshay-VII, New Jeevan Shanti, Saral Pension, and Smart Pension.
- LIC New Pension Plus Plan 867 Calculator
- LIC Smart Pension Plan 879 Calculator
- LIC Bima Lakshmi Plan 881 Calculator
- LIC New Jeevan Sathi Plan 888 Calculator
- LIC Nav Jeevan Shree Plan 912 Calculator
- LIC Digi Term Calculator
- LIC New Tech Term Calculator
LIC Calculator by Policy Category
LIC Term Insurance Calculators
Term insurance calculators are designed for users who want to estimate life cover premiums. These calculators may consider age, smoking status, sum assured, policy term, premium payment term, and payout option.
- LIC Term Insurance Calculator
- LIC Tech Term Plan Calculator
- LIC New Tech Term Calculator
- LIC Digi Term Calculator
- LIC Jeevan Amar Calculator
LIC Savings and Endowment Plan Calculators
Savings and endowment calculators help estimate premiums, maturity value, bonus, and total return from policies that combine insurance protection with long-term savings.
- LIC Jeevan Labh Calculator
- LIC Jeevan Lakshya Calculator
- LIC New Endowment Plan Calculator
- LIC New Jeevan Anand Calculator
- LIC Bima Jyoti Calculator
LIC’s official endowment plan listing includes products such as New Endowment Plan, New Jeevan Anand, Jeevan Lakshya, Jeevan Labh, Amritbaal, Bima Jyoti, Nav Jeevan Shree, and Bima Lakshmi.
LIC Money Back Plan Calculators
Money-back calculators are useful when a policy offers survival benefits during the policy term. These tools can estimate periodic payouts, maturity benefit, total premium, and possible bonus.
- LIC Money Back Calculator
- LIC Jeevan Tarun Calculator
- LIC New Children’s Money Back Calculator
- LIC Jeevan Shiromani Calculator
LIC Child Plan Calculators
Child plan calculators help estimate future education and financial planning benefits. They may be useful for parents who want to estimate premium, maturity, survival benefit, and possible policy continuation benefits.
- LIC Jeevan Tarun Calculator
- LIC Amritbaal Calculator
- LIC New Children’s Money Back Calculator
- LIC Child Education Planner
LIC Pension and Retirement Calculators
Pension calculators help estimate retirement corpus, annuity income, deferred pension benefit, or fund value according to the selected plan type.
- LIC New Pension Plus Calculator
- LIC Jeevan Akshay Calculator
- LIC New Jeevan Shanti Calculator
- LIC Saral Pension Calculator
- LIC Smart Pension Calculator
LIC ULIP Plan Calculators
ULIP calculators estimate policy fund value based on selected premium, fund choice, duration, charges, and assumed market returns. Actual ULIP returns depend on market movement and fund performance, so results cannot be guaranteed.
Useful pages:
- LIC ULIP Calculator
- LIC New Pension Plus Calculator
- LIC SIIP Calculator
- LIC Index Plus Calculator
- LIC Nivesh Plus Calculator
LIC Withdrawn Plan Calculators (Closed Policy Calculators)
LIC Withdrawn Plan Calculators are useful for existing policyholders who need maturity, surrender, paid-up, revival, bonus, loan, or policy return information.
A closed policy should never be presented as available for new purchase. Add a visible notice on each discontinued plan page:
This LIC plan is not available for new purchase. The calculator is provided only for existing policyholders who want to estimate premium, maturity, surrender value, paid-up value, loan eligibility, or other policy details.
- LIC Closed Policy Calculator
- LIC Policy Revival Calculator
- LIC Paid-Up Value Calculator
- LIC Surrender Value Calculator
How to Use the LIC Policy Calculator
Using an LIC calculator is simple when the correct policy details are available.
- Select the calculator type: Choose premium, maturity, surrender value, return, loan, paid-up value, bonus, or term insurance calculator.
- Choose the LIC policy: Select the policy name or enter the LIC plan number where available.
- Enter policyholder details: Add age, gender where required, smoking status for term plans, and other requested information.
- Enter policy details: Add sum assured, policy term, premium paying term, premium payment mode, policy commencement date, and other available information.
- Check the estimated result: Review premium, total premium paid, maturity value, bonus estimate, surrender value, return, or loan amount.
- Compare options: Change term, sum assured, premium mode, or plan selection to compare results.
- Verify with policy documents: Use the policy bond, official LIC brochure, premium receipt, or LIC customer portal for final confirmation.
Accurate inputs are important. A wrong plan number, age, premium amount, policy term, or premium-paying term can produce a misleading result.
What Can You Calculate With an LIC Policy Calculator?
An LIC calculator can help estimate multiple policy-related values.
| Calculation | What It Helps Estimate |
|---|---|
| LIC Premium | Approximate premium payable |
| LIC Maturity Value | Estimated benefit at policy completion |
| LIC Surrender Value | Possible value on early policy exit |
| LIC Return | Total premium, estimated gain and return |
| LIC Bonus | Possible bonus contribution |
| LIC Term Premium | Cost of life insurance cover |
| LIC Policy Loan | Estimated loan eligibility and repayment |
| LIC Paid-Up Value | Reduced policy value after premium discontinuation |
| LIC Revival Amount | Possible amount needed to revive a lapsed policy |
| LIC Maturity Date | Expected policy completion date |
LIC Calculator Examples
Suppose a person selects a traditional LIC savings policy with the following details:
| Detail | Example Value |
|---|---|
| Age | 30 years |
| Sum Assured | ₹10,00,000 |
| Policy Term | 20 years |
| Premium Paying Term | 20 years |
| Premium Mode | Yearly |
The calculator may show an estimated annual premium, total premium payable during the term, and possible policy benefits. The actual premium can differ due to underwriting, rider selection, tax, and plan-specific premium rates.
LIC Maturity Calculation Example
Consider a policy with these assumed details:
| Detail | Example Value |
|---|---|
| Sum Assured | ₹10,00,000 |
| Policy Term | 20 years |
| Estimated Bonus | Based on assumed declared rates |
| Premium Mode | Yearly |
The maturity calculator may estimate the final policy value by combining the sum assured with the assumed eligible bonus and the final benefit. The result is an estimate only because bonus declarations and policy conditions can change.
LIC Surrender Value Calculation Example
Assume a policyholder has paid premiums for several years but wants to discontinue the policy.
| Detail | Example Value |
|---|---|
| Annual Premium | ₹50,000 |
| Premiums Paid | 4 years |
| Policy Type | Traditional savings policy |
| Policy Status | In-force or eligible paid-up policy |
The surrender calculator may estimate guaranteed surrender value and possible special surrender value where relevant. The final payable amount will depend on the exact policy terms, bonus, policy status, and surrender rules.
LIC Return Calculation Example
A return calculator can compare the total premium paid with estimated policy benefits.
| Detail | Example Value |
|---|---|
| Total Premium Paid | ₹8,00,000 |
| Estimated Maturity Value | ₹12,50,000 |
| Policy Term | 20 years |
| Estimated Gain | ₹4,50,000 |
The calculator can estimate total gain and approximate annual return. This should not be compared directly with market investment returns without considering insurance coverage, bonus assumptions, taxes, charges, liquidity, and risk profile.
Factors That Affect LIC Premium, Maturity, and Surrender Value
Several factors influence LIC calculator results.
- Age at entry: Younger policyholders may receive lower premium estimates in many insurance plans.
- Policy type: Term, endowment, money-back, child, pension, whole-life, and ULIP plans have different premiums and benefit structures.
- Sum assured: Higher life cover generally increases the premium.
- Policy term: A longer policy term can change the premium amount, maturity estimate, and total premium outgo.
- Premium paying term: Limited-pay, regular-pay, and single-premium options can produce different results.
- Premium payment mode: Monthly, quarterly, half-yearly, and yearly payment modes may affect the final premium payable.
- Bonus: Participating policies may receive bonuses according to LIC declarations and policy conditions.
- Riders: Accident benefit, disability benefit, critical illness, and other riders can increase premiums.
- Policy status: Lapsed, paid-up, revived, or surrendered policy status can change the benefit available.
- Taxes: Premium illustrations may exclude applicable taxes. LIC policy documents commonly state that taxes are payable according to prevailing tax laws and rates.
- Underwriting: Health condition, occupation, lifestyle, medical history, and smoking status may affect the final premium.
Compare LIC Policies Before Buying
A calculator should not be used only to check one policy. It should also help compare policy options according to protection, premium affordability, liquidity needs, maturity benefit, and long-term goal.
- LIC Jeevan Labh vs LIC Jeevan Lakshya
- LIC Jeevan Umang vs LIC Jeevan Labh
- LIC Tech Term vs LIC Jeevan Amar
- LIC Jeevan Tarun vs LIC New Children’s Money Back
- LIC New Jeevan Shanti vs LIC Smart Pension
Before comparing, identify the purpose of the plan. A term plan is for protection, a savings plan is for disciplined long-term accumulation, a money-back plan is for periodic liquidity, a pension plan is for retirement income, and a ULIP plan includes market-linked risk.
LIC Policy Guides and Helpful Tools
Calculator pages should be supported by useful LIC policy guides. These informational pages can answer common questions and strengthen the internal-link structure of the website.
- How to Check LIC Policy Status
- How to Download LIC Premium Receipt
- How to Check LIC Bonus
- How to Calculate LIC Maturity Amount
- How to Surrender LIC Policy
- How to Revive a Lapsed LIC Policy
- How to Take Loan Against LIC Policy
- How to Find LIC Policy Plan Number
- LIC Grace Period Rules
- LIC Premium Payment Modes Explained
- LIC Policy Maturity Date Calculator
LIC’s official FAQ and policy-service pages provide information such as accumulated bonus display, loan status, maturity or survival benefit due dates, and revival quotation availability for eligible policies.
Why Use LICPolicyCalculator.com?
LICPolicyCalculator.com is built to make LIC policy calculations easier to understand.
- Free calculator tools for LIC policies
- Premium, maturity, surrender, return, bonus, loan, and paid-up calculations
- Plan-wise calculator pages
- Policy-number search support
- Separate calculators for active and closed LIC plans
- Mobile-friendly calculator design
- Simple language for policy explanations
- Comparison pages for related LIC plans
- Educational guides for policy servicing topics
- No login required for basic calculations
The aim is to help users understand estimated policy values before making a decision. The website should be used as a planning tool, while LIC policy documents and official communication should be used for final verification.
Important Things to Know Before Using LIC Calculator Results
Calculator results are estimates, not final policy quotations or guaranteed benefits.
Premium can change after underwriting. An insurer may consider age, health, occupation, smoking status, medical requirements, rider selection, and other factors before confirming the premium.
Bonus should not be assumed as guaranteed. Traditional participating plans may receive bonus according to policy rules and LIC declarations, but future bonus rates cannot be fixed in advance.
Surrender value is policy-specific. Some policies may acquire surrender value only after a stated minimum period and required premium payments. Other plans may have different conditions.
Policy loan is not available under every plan. Where available, it is usually linked to surrender value and subject to policy conditions, interest, and repayment rules.
Term insurance is mainly for protection. Do not expect maturity value from a standard term plan unless the selected policy option specifically provides such a benefit.
ULIP returns are market-linked. Fund value can move up or down according to market performance and applicable charges.
Always check the policy bond, official LIC brochure, premium receipt, benefit illustration, and LIC customer portal before relying on a calculation for purchase, surrender, revival, loan, or claim-related decisions.
Frequently Asked Questions
What is an LIC policy calculator?
An LIC policy calculator is an online tool that estimates premium, maturity amount, surrender value, policy return, bonus, loan eligibility, paid-up value, or other LIC policy details based on entered information.
Is LIC Policy Calculator free to use?
Yes, basic LIC calculators on LICPolicyCalculator.com can be used without charge. Enter the available policy details to receive an estimated result.
How can I calculate LIC premium online?
Select the LIC Premium Calculator, choose the plan, enter age, sum assured, policy term, premium paying term, and premium mode, then click calculate to see an estimated premium.
How can I check LIC policy maturity amount?
Use the LIC Maturity Calculator and enter the correct policy details. The result may show estimated sum assured, bonus, maturity benefit, and total policy value where applicable.
Is LIC maturity amount guaranteed?
The guaranteed part of maturity benefit depends on the policy terms. Bonus, final additional bonus, loyalty addition, market-linked fund value, and other variable benefits may not be guaranteed.
How is LIC surrender value calculated?
LIC surrender value depends on policy type, completed premiums, policy duration, paid-up value, bonus, guaranteed surrender value rules, and special surrender value rules. Use the LIC Surrender Value Calculator for an estimate, then verify the final value with LIC.
Can I calculate LIC policy return online?
Yes. The LIC Return Calculator can compare total premiums paid with estimated maturity or policy benefit value to show an approximate return.
Which details are needed for LIC premium calculation?
Common details include age, policy name or plan number, sum assured, policy term, premium paying term, premium frequency, gender where required, smoking status for term plans, and rider selection.
Can I calculate LIC term insurance premium online?
Yes. Use the LIC Term Insurance Calculator to estimate premium based on age, life cover, policy term, premium payment term, smoking status, and payout option.
Is LICPolicyCalculator.com an official LIC website?
No. LICPolicyCalculator.com is an independent educational and calculator platform. It is not owned, operated, or endorsed by Life Insurance Corporation of India.
Disclaimer
LICPolicyCalculator.com is an independent informational website created for educational and financial-planning purposes. It is not affiliated with, endorsed by, or operated by Life Insurance Corporation of India.
All calculator results are approximate estimates based on entered details, available policy information, and calculation assumptions. Actual premium, maturity value, surrender value, bonus, loan eligibility, paid-up value, GST, policy charges, rider charges, and other benefits may differ according to LIC underwriting, official policy documents, prevailing tax rules, policy status, and declared benefits.
Do not use calculator results as a final policy quotation, investment guarantee, surrender instruction, claim decision, or legal advice. Verify all important policy details directly through the LIC policy bond, official LIC website, LIC branch, authorised LIC representative, or customer portal before taking a financial decision.
Amit Kushwaha is a financial content creator and SaaS tool developer based in Lucknow, Uttar Pradesh. He has more than seven years of experience creating insurance-related content, online calculators, and practical digital tools for LIC policyholders, insurance buyers, and LIC agents.
Through LICPolicyCalculator.com, he focuses on simplifying complex LIC policy information into easy-to-understand guides and calculators. His work covers LIC premium estimates, maturity calculations, surrender value tools, policy return calculations, term insurance planning, and plan-specific calculator pages.
The content and tools published on this website are prepared using LIC official brochures, policy documents, benefit illustrations, and publicly available plan information. The objective is to help users better understand policy features, premium commitments, maturity benefits, surrender rules, and other important insurance calculations before making decisions.
LICPolicyCalculator.com is an independent educational platform and is not affiliated with Life Insurance Corporation of India.