LIC 5 Crore Policy Calculator 2026: Premiums & Payouts

Compare premium costs, maturity returns, and life cover configurations for a ₹5 Crore Sum Assured policy.

₹5 Crore Policy Comparison (30 Yr Proposer, Healthy)

LIC Policy Plan	Plan Type	Policy/Pay Term	Approx. Annual Premium	Est. Maturity Payout	XIRR
Tech Term (854)	Pure Protection (Term)	30 Yrs / 30 Yrs	₹60,000	❌ None (Death Only)	-
Jeevan Labh (736)	Limited Pay Endowment	25 Yrs / 16 Yrs	₹28,65,000	₹14.00 Crore	4.83%
Jeevan Anand (715)	Endowment + Whole Life	20 Yrs / 20 Yrs	₹25,30,000	₹10.40 Crore	6.45%

⚠️ Section 10(10D) High Premium Tax Alert

For a ₹5 Crore Sum Assured, the annual premiums calculated for savings plans like Jeevan Labh (₹28,65,000/year) or Jeevan Anand (₹25,30,000/year) exceed the ₹5,00,000 threshold. Under Section 10(10D) rules, the maturity returns of these endowment plans will be taxable as regular income. To maintain tax-efficiency, you should either select a pure Term Plan (Tech Term 854) which costs only ₹60,000/year (death claims are 100% tax-free) or split the Sum Assured across separate policies for different family members.

💼 Underwriting & ITR Requirements (₹5 Crore Sum Assured)

Proposing a high cover of ₹5 Crore triggers financial and medical underwriting rules. For ages up to 35, LIC will require 3 years of income tax returns (ITRs) or Form 16 to check eligibility, along with a set of basic medical examinations (ECG, CBC, and Urine test). If you are looking for non-medical limits, consider keeping the Sum Assured under ₹50 Lakhs.

How to Plan for a ₹5 Crore Life Cover

A large Sum Assured of ₹5 Crore is designed for comprehensive estate planning and income replacement for high-earning individuals. Due to the high cover amount, LIC requires financial verification (e.g., 3 years of ITRs) and medical examinations. Additionally, if you select a savings-oriented policy like Jeevan Labh, your premium of ₹28,65,000 per year means the maturity returns of ₹14.00 Crore will be taxable. In contrast, opting for a pure protection term plan keeps your premium low at ₹60,000 while ensuring your family gets a tax-free death claim.

Depending on your primary goal, you can select from the following configurations:

LIC Tech Term (Plan 854) — Pure Cover: Get a ₹5 Crore death cover for a tiny annual premium of ₹60,000. There is no maturity benefit, but it provides the highest coverage ratio.
LIC Jeevan Labh (Plan 736) — High Yield Savings: Save ₹28,65,000 annually for 16 years, and receive a maturity payout of ₹14.00 Crore after 25 years. Note: proceeds will be taxable.
LIC Jeevan Anand (Plan 715) — Endowment + Lifetime Protection: Save ₹25,30,000 annually for 20 years, receive a maturity payout of ₹10.40 Crore, and enjoy a continued life cover of ₹5 Crore for the rest of your life.

हिं

एलआईसी ₹5 करोड़ पॉलिसी — Hindi Guide

यदि आप ₹5 करोड़ का बीमा कवर (Sum Assured) लेना चाहते हैं, तो आपके पास 2 मुख्य रास्ते हैं: 1. टेक टर्म प्लान (Tech Term Plan 854): यह एक शुद्ध टर्म इंश्योरेंस है। इसका वार्षिक प्रीमियम केवल ₹60,000 के आसपास होगा। 2. जीवन लाभ (Plan 736): यह बचत और सुरक्षा का मिश्रण है। इसमें भुगतान अवधि केवल 16 वर्ष होती है और मैच्युरिटी पर करीब ₹14.00 Crore मिलते हैं।

•न्यूनतम बीमा राशि: ₹5,00,00,000
•नॉमिनी के लिए कर-मुक्त भुगतान: धारा 10(10D) के तहत मृत्यु दावा राशि कर-मुक्त

Frequently Asked Questions

The premium varies heavily based on the type of plan and entry age. For a 30-year-old: A pure Term Plan (Tech Term) costs approximately ₹60,000 per year. An Endowment plan (Jeevan Anand) costs approximately ₹25,30,000 per year. A limited-premium plan (Jeevan Labh) costs approximately ₹28,65,000 per year.

For a ₹5 Crore Sum Assured under Jeevan Labh (Plan 736) with a 25-year term (pay for 16 years), the estimated maturity payout is approximately ₹14.00 Crore. Note that since the annual premium of ₹28,65,000 exceeds ₹5 Lakhs, this maturity payout will NOT be fully tax-exempt under Section 10(10D) rules, and the gains (maturity amount minus paid premiums) will be taxable at your prevailing tax slab.