LIC Premium & Maturity Calculator — Free, Instant & Accurate

LIC premium is calculated using tabular premium rates per ₹1,000 Sum Assured, which depend on your age, policy term and plan. Rebates apply for yearly/half-yearly mode and high Sum Assured, then GST is added (4.5% first year, 2.25% renewal for endowment plans). Our free LIC premium calculator does all of this automatically in one click.

Yes, completely free with no login, no OTP and no registration. You can calculate premium and maturity for all popular LIC plans — unlimited times, on any device.

Maturity value is an estimate based on the latest declared LIC bonus rates (Simple Reversionary Bonus + Final Additional Bonus). Actual bonus is declared yearly by LIC and may vary. Values are typically within a close range of official figures — always confirm with your LIC agent before purchase.

For endowment and money-back plans, GST is 4.5% of premium in the first year and 2.25% from the second year onwards. For pure term insurance plans, GST is 18%. Our calculator shows premium with and without GST separately.

Yes! After every calculation you get a Share on WhatsApp button that sends a neatly formatted summary — premium, bonus, maturity and death benefit — to any contact. You can also save the result as a clean PDF or print it.

Among traditional plans, LIC Jeevan Labh generally offers the best bonus rates and shortest premium paying term, while Jeevan Umang gives lifelong 8% yearly income. Use our calculators to compare maturity values side by side.

Yes. The younger you are at policy purchase, the lower the tabular premium per ₹1,000 Sum Assured. Buying a policy at age 25 instead of 35 can save 3–8% on premium every year for the same cover.

Absolutely. All calculations happen inside your browser — nothing you type (age, sum assured, income) is ever sent to or stored on our servers. We do not ask for your name, mobile number or policy number.