Disclaimer

No affiliation with LIC

This website is operated independently. It is not an LIC website, not an agent portal, and not authorised, reviewed or approved by LIC. We are not licensed insurance intermediaries and we do not sell, broker or solicit insurance.

The names "LIC", "Life Insurance Corporation of India", and all plan names, plan numbers and UINs referred to on this site are used for identification and descriptive purposes only. They remain the property of their respective owners. Their use here does not imply any endorsement, sponsorship or association.

The official LIC website is licindia.in. For anything relating to an actual policy — status, claims, servicing, official premium quotations — go there or to your servicing branch.

Every figure here is an estimate

The calculators on this site produce estimates generated by our own actuarial model. They are not quotations, not offers, and not benefit illustrations. Actual premiums, bonuses, maturity values, surrender values and annuity amounts are determined solely by LIC and may differ from what you see here.

Figures may differ from LIC's own for reasons including, but not limited to:

• Underwriting. LIC may load your premium after medical examination, or on the basis of occupation, lifestyle, family history or residence. We model standard rates only.
• Bonus declarations. Reversionary bonus and Final Additional Bonus rates are declared annually from LIC's valuation surplus. They are not guaranteed and can be revised. Our projections hold the current declared rate flat for the whole term, which is a modelling assumption, not a forecast.
• Product changes. LIC revises, withdraws and relaunches plans. Terms, rates and limits on this site may lag those changes.
• Rounding and rate tables. We model LIC's published tabular rates rather than reading from LIC's internal tables, so small differences are expected in every case.
• Riders, taxes and discounts. Rider premiums, campaign discounts, staff terms and online rebates are not included.

Not financial advice

Nothing on this website constitutes financial, insurance, investment, legal or tax advice, and nothing here is a recommendation to buy, hold, surrender or cancel any policy. We do not know your income, your dependants, your existing cover, your tax position or your goals — all of which determine whether any given policy is appropriate.

Insurance is a long-term commitment with real consequences for your family. Before you buy, surrender or alter a policy, speak to an authorised LIC agent or a SEBI-registered investment adviser, and read the policy document and the official benefit illustration in full.

Tax information

References to Section 80C, Section 10(10D), Section 194DA, GST and other tax provisions are general descriptions of Indian tax law as we understand it at the date shown above. Tax law changes, and its application depends on your individual circumstances. Consult a qualified tax adviser.

No warranty and limitation of liability

This website and its calculators are provided "as is", without warranty of any kind, express or implied, including warranties of accuracy, completeness, fitness for a particular purpose or non-infringement. We do not warrant that the site will be uninterrupted or error-free.

To the fullest extent permitted by law, we accept no liability for any loss or damage — direct, indirect, incidental, consequential or otherwise — arising from your use of this website or reliance on any figure it produces. Your use of the site is entirely at your own risk.

External links

Links to third-party websites are provided for convenience. We do not control those sites, do not endorse their content, and are not responsible for their accuracy, availability or privacy practices.

Advertising

This site does not currently carry advertising. We intend to fund it through advertising in future. When that happens, advertisements will be clearly labelled and separated from editorial content, we will not control which advertisers appear, and an advertisement will not constitute an endorsement of the advertiser, its products or its claims. See our privacy policy for what is and is not set in your browser.

Reporting an error

If a figure here disagrees with an official LIC document, please tell us athello@liccalculators.co.in. We correct errors promptly and note material corrections on the affected page.