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Home » Blog » Life Insurance » LIC Jeevan Lakshya Premium Calculator

LIC Jeevan Lakshya Premium Calculator

April 1, 2016 By policydunia

4.5/5 - (6 votes)

LIC Jeevan Lakshya Premium calculator image

Policy Highlights

  • 1 About LIC Jeevan Lakshya Premium Calculator
  • 2 LIC Jeevan Lakshya Premium Calculator Parameters
  • 3 LIC Jeevan Lakshya Premium Calculator 
  • 4 Plan Presented By policydunia (www.policydunia.com)
  • 5 Lic Jeevan Lakshya Policy Benefit illustration

About LIC Jeevan Lakshya Premium Calculator

LIC Jeevan Lakshya Policy is a Limited premium Endowment plan which participates in Profits. LIC Jeevan Lakshya Policy provides Annual Income Benefit. These Annual Income benefits are helpful to fulfil the needs of the family. LIC Jeevan Lakshya Plan No 833 is primarily beneficial for children. This LIC Jeevan Lakshya Plan No 833 is mainly beneficial for children, in case of unfortunate death of policyholder during the policy term i.e., any time before maturity. LIC Jeevan Lakshya Policy also provides a lump sum  amount at the time of maturity regardless of survival of the policyholder. Before buying this plan use LIC Jeevan Lakshya Premium Calculator for more details and benefit illustration.

You can’t estimate how much will be covered as death benefit and maturity benefit for your desired Sum Assured. Here, in our website we provide LIC Jeevan Lakshya Premium Calculator which is an easy way to calculate your premiums along with maturity benefits and death benefits. LIC Jeevan Lakshya plan 833 Premium Calculator and Maturity Calculator provides you an easy way to illustrate the Maturity and Death Benefits as per your Age, Policy period, Sum Assured etc.

LIC Jeevan Lakshya Premium Calculator (plan no 833) also gives you the details about Natural death coverage, Accidental Death Coverage, Bonus, Cash Value, Loan value and Tax Savings. For information about Tax on Insurance Policies, refer www.taxqueries.in. So before buying LIC Jeevan Lakshya plan 833, please refer LIC Jeevan Lakshya Premium Calculator and Maturity Calculator which gives you brief idea about LIC Jeevan Lakshya Policy.

LIC Jeevan Lakshya Premium Calculator Parameters

This LIC Jeevan Lakshya Premium Calculator (plan no 833) parameters helps you to calculate the premium, maturity and death benefits. As per these conditions you can get the details in LIC Jeevan Lakshya Premium Calculator.

Entry Age:
  • Minimum: 18 years
  • Maximum: 50 years
Maximum Maturity Age:
  • 65 years
Policy Term:
  • Minimum: 13 years
  • Maximum: 25 years
Sum Assured:
  • Minimum: 1 Lakh
  • Maximum: No limit
Premium paying modes:
  • Yearly, Half-yearly, Quarterly and Monthly mode.

LIC Jeevan Lakshya Premium Calculator 

In LIC Jeevan Lakshya Premium Calculator, to know the details like Premium amount, maturity value, surrender value and returns of the Policy, please fill the below required details. LIC Jeevan Lakshya Premium Calculator takes few minutes to calculate and show you the complete Benefits illustration and Premiums.

Name
Email ID
Mobile No
Age
Term
Sum Assured

Plan Presented By policydunia (www.policydunia.com)

Lic Jeevan Lakshya Policy Benefit illustration

Customer Details
Name VIJAY      Age 20
Term: 21      Sum Assured: 300000
Tabular Premium: 54.1

Lic Jeevan Lakshya Policy Premium
Premium without tax Tax tax with tax
Yearly Premium 15305 473 15778
Half-Yearly Premium 7734 239 7973
Quarterly Premium 5210 161 5371
Monthly Premium 1303 40 1343

Lic Jeevan Lakshya Policy Benefit Illustration
Age Policy Year Premium Paid Tax Saving Natural Death Coverage Accident Death Coverage Bonus Cash Value Loan value
20 2014 15,305 15,305 389,400 689,400 14,400 0 0
21 2015 15,305 15,305 403,800 703,800 28,800 0 0
22 2016 15,305 15,305 418,200 718,200 43,200 20,656 18,591
23 2017 15,305 15,305 432,600 732,600 57,600 39,953 35,957
24 2018 15,305 15,305 447,000 747,000 72,000 50,200 45,180
25 2019 15,305 15,305 461,400 761,400 86,400 60,629 54,566
26 2020 15,305 15,305 475,800 775,800 100,800 71,288 64,159
27 2021 15,305 15,305 490,200 790,200 115,200 84,301 75,870
28 2022 15,305 15,305 504,600 804,600 129,600 98,124 88,311
29 2023 15,305 15,305 519,000 819,000 144,000 112,820 101,538
30 2024 15,305 15,305 533,400 833,400 158,400 128,482 115,634
31 2025 15,305 15,305 547,800 847,800 172,800 145,165 130,649
32 2026 15,305 15,305 562,200 862,200 187,200 162,944 146,650
33 2027 15,305 15,305 576,600 876,600 201,600 181,918 163,727
34 2028 15,305 15,305 591,000 891,000 216,000 202,203 181,983
35 2029 15,305 15,305 605,400 905,400 230,400 223,967 201,570
36 2030 15,305 15,305 619,800 919,800 244,800 247,377 222,640
37 2031 15,305 15,305 634,200 934,200 259,200 272,594 245,335
38 2032 15,305 15,305 648,600 948,600 273,600 299,955 269,959
39 2033 15,305 15,305 663,000 963,000 288,000 331,280 298,152
40 2034 15,305 15,305 677,400 977,400 302,400 362,964 326,668

Lic Jeevan Lakshya Policy Maturity Benefits
Maturity Benefit 632,400

Lic Jeevan Lakshya Policy
Death Benefits
Death Benefit From Year of Death, Every Year 10% of sum assured = 30,000 till end of policy term
At end of Policy Term 330,000 + Bonus amount 332,400 will be payable

Filed Under: Life Insurance, Life Insurance Corporation of India

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