LIC’s Bima Ratna (Plan 764) Calculator

UIN: 512N345V02 - Estimate your benefits

Age at Entry (Years) Min/Max depends on Policy Term.

Policy Term (Years) Available: 15, 20, 25 years.

Basic Sum Assured (₹) Min: ₹5,00,000. Multiples of ₹25,000.

Premium Paying Term (Years) Calculated based on Policy Term.

Proposer's Age (Years) Required if PWB Rider is opted. Min 18.

Optional Rider(s)

LIC’s Premium Waiver Benefit Rider Future premiums for base policy waived on Proposer's death. (UIN: 512B204V04)

Premium Options

Select a payment mode to see detailed summary below.

GST: 4.5% in 1st year, 2.25% from 2nd year onwards on Base Premium & Rider Premium (if any). Premiums are estimates.

Table of Contents

Policy Setup

Survival Benefits (Guaranteed)

Payable as a % of Basic Sum Assured at specified durations.

End of Policy Year	Amount (₹)
Total Survival Benefits Paid:

Maturity Benefit (Guaranteed)

Particulars	Amount (₹)
Total Maturity Benefit

Maturity Benefit includes Sum Assured on Maturity (50% of BSA) + Accrued Guaranteed Additions.

Death Benefit (Guaranteed)

Particulars	Amount (₹)
Total Death Benefit (Illustrative)

Sum Assured on Death is higher of 125% BSA or 7 times Annualized Premium, plus Accrued Guaranteed Additions. Subject to 105% of total premiums paid. Death benefit before risk commencement is refund of premiums.

Year-wise (Yearly)

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Pol. Yr	Age	Premium (₹)	SB (G) (₹)	GA (G) (₹)	Accrued GA (G) (₹)	Death Ben. (G) (₹)	GSV (G) (₹)

Pol. Yr = Policy Year (End), Age = Life Assured's Age (End), SB (G) = Guaranteed Survival Benefit, GA (G) = Guaranteed Addition for the year, Accrued GA (G) = Total Guaranteed Additions accumulated, Death Ben. (G) = Guaranteed Death Benefit, GSV (G) = Guaranteed Surrender Value. All benefits are guaranteed. Premiums shown include GST.

Summary & Brochure

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Key Features:

Non-Participating, Non-Linked, Individual Savings Life Insurance Plan.
Combination of Protection and Savings.
Guaranteed Additions throughout policy term.
Survival Benefits at specified durations.
Maturity Benefit: 50% of BSA + Accrued Guaranteed Additions.
Limited Premium Payment.

Eligibility:

Min. Basic Sum Assured: ₹5,00,000
Policy Terms: 15, 20, 25 years
Premium Paying Terms: PT-4 years (i.e., 11, 16, 21 years)
Min/Max Entry Age varies by Policy Term (e.g., PT 25: 30 days to 45 yrs)

Download Brochure

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