LIC Bima Lakshmi Plan 881 Calculator

Exclusively for Women | Plan No. 881 (UIN: 512N389V01)

Age of Life Assured Min: 18, Max: 50 Years

Basic Sum Assured (₹) Min: ₹2,00,000 (Multiples of ₹10,000)

Premium Paying Term (PPT) Policy Term is fixed at 25 Years

Survival Benefit Option

Purchase Channel (Incentive) Online sales get higher GA rates.

Existing Policyholder? Incentive for existing LIC customers/nominees.

Age: 30 yrs, PPT: 10 yrs, Term: 25 yrs, BSA: ₹5,00,000

Note: GST is currently exempted for this plan as per brochure illustration (Page 25).

Total Premiums Paid ₹0

Total Maturity Benefit ₹0

Guaranteed Additions (GA): Base Rate 7% + Incentives (0%) = 7% per annum.

Year	Benefit Type	Amount

Year-wise Cash Flow Projection ▼

Year	Age	Premium	Survival Benefit	Accrued GA	Death Benefit	Maturity

*Death Benefit = Higher of (BSA, 10x Annualized Premium) + Accrued GA. It shall not be less than 105% of Total Premiums paid.

Plan Summary & Brochure ▼

Plan Name: LIC Bima Lakshmi (Plan 881)
Exclusively for Women: A Non-Linked, Non-Participating, Individual, Life Savings Plan.
Guaranteed Additions: 7% of Annualized Premium + Additive Incentives.
Policy Term: Fixed 25 Years.
Premium Paying Term: 7 to 15 Years.
Tax Benefits: Premiums are tax-free under 80C, Maturity under 10(10D) (Subject to current tax laws).