Independent Website — No LIC Affiliation
liccalculator.app is a privately operated, independent educational website. We are NOT Life Insurance Corporation of India (LIC), and we have no affiliation, association, authorisation, endorsement or official connection with LIC of India, LIC Housing Finance Ltd, LIC Mutual Fund, IRDAI or any government body. The name "LIC" is used purely in a descriptive sense to indicate the subject matter of our calculators.
Estimates, Not Official Quotations
- Premium figures are approximations derived from published tabular rates and standard actuarial interpolation — actual premiums are decided by LIC's official quotation systems.
- Maturity and bonus figures use the latest publicly declared bonus rates; future bonuses are not guaranteed and are declared annually by LIC based on its valuation surplus.
- Surrender values, paid-up values and loan values use simplified factor approximations; LIC applies policy-specific factor tables.
- SIP and EMI results are mathematical projections; market returns are not guaranteed and lender terms vary.
Not Financial Advice
Content on this Website is for general education only and does not constitute financial, insurance, investment, legal or tax advice. Insurance is the subject matter of solicitation — please consult an authorised LIC agent, development officer or branch, and read official policy documents carefully before purchasing or altering any policy.
Accuracy & Liability
While we strive to keep figures current and accurate, we make no warranty regarding completeness or correctness, and accept no liability for losses arising from use of this Website. Where our figures differ from official LIC figures, LIC's figures always prevail.
External Links
Links to third-party sites (including licindia.in) are provided for convenience. We are not responsible for their content or policies.
Errors & Corrections
Spotted an outdated rate or an error? Please report it — we act on correction reports quickly.