LIC Premium Calculator 2026
Calculate estimated modal premiums, first-year and subsequent year GST charges, and riders for all popular LIC endowment and pension plans. Updated for 2026.
What is the premium for a 5 Lakh LIC policy?
For a healthy 30-year-old buyer purchasing a ₹5 Lakh Sum Assured LIC Jeevan Anand (Plan 715) for a 20-year term, the annual premium is approximately ₹26,500 (before GST). The first-year premium with 4.5% GST is ₹27,692, dropping to ₹27,096 in subsequent years with 2.25% GST.
LIC Plan Premiums Comparison (₹5L SA, 30 Yr Proposer, 20 Yr Term)
| LIC Policy Plan | Type of Plan | Approx. Annual Premium | Key Benefit |
|---|---|---|---|
| Jeevan Anand (Plan 715) | Endowment + Whole Life | ₹26,500 | Maturity + Lifetime cover |
| Jeevan Labh (Plan 736) | Limited Premium Endowment | ₹23,200 | High bonus rates |
| Jeevan Lakshya (Plan 733) | Endowment (Child Education) | ₹25,800 | Waived premium + Annual income |
| New Endowment (Plan 814) | Classic Savings Endowment | ₹24,500 | Guaranteed basic returns |
Understanding LIC Premium Structures
LIC premium calculations depend on multiple variables. Proposers can optimize their premiums by choosing:
- Yearly mode to save 2% on administrative overhead loadings.
- Higher Sum Assured values (₹5 Lakhs+) to unlock high cover premium discounts.
- Pure term insurance if the primary goal is high life coverage rather than investment savings.
एलआईसी प्रीमियम कैलकुलेटर — LIC Premium Calculator in Hindi
एलआईसी प्रीमियम कैलकुलेटर (LIC Premium Calculator) 2026. अपने पसंदीदा प्लान (जीवन आनंद, जीवन लाभ, जीवन लक्ष्य, न्यू एंडोमेंट) का वार्षिक, अर्धवार्षिक, तिमाही या मासिक प्रीमियम चेक करें।\n\nप्रथम वर्ष में पारंपरिक योजनाओं पर 4.5% GST लगता है, जो दूसरे वर्ष से घटकर 2.25% हो जाता है। आकस्मिक मृत्यु लाभ (ADB) राइडर चुनने पर प्रीमियम में लगभग ₹1 प्रति ₹1,000 की मामूली वृद्धि होती है। सभी प्रीमियम भुगतानों पर Section 80C के तहत टैक्स छूट मिलती है।