LIC's Jeevan Azad (Plan 768) Calculator
Protection & Savings Plan with Limited Premium Payment.
Note: Premium calculations are estimates based on sample data (BSA 2L) & rebates. Actual premiums vary based on age, health, underwriting. GST rates (4.5% 1st Yr, 2.25% thereafter) are indicative.
CHOOSE A PLAN (Premiums Estimated, incl. GST)
Jeevan Azad plan presentation prepared for you.
Yearly
₹ 0
Base+Rebate: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
Half Yearly
₹ 0
Base+Rebate: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
Quarterly
₹ 0
Base+Rebate: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
Monthly (NACH)
₹ 0
Base+Rebate: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
GST (4.5%): ₹ 0
Total: ₹ 0
Premium includes estimated rebates & GST. First Year GST Rate: 4.5%, Second Year onwards: 2.25%.
CALCULATION DETAILS
| Basic Sum Assured (BSA): | |
| Age at Entry: | |
| Policy Term (PT): | |
| Premium Paying Term (PPT): | |
| Sum Assured on Death (SAD): | |
| Selected Premium Mode: | |
| Estimated Annual Premium (Base): |
Key Features: Limited Premium Payment (PT-8 Yrs). Maturity = BSA. Loan, Surrender, Paid-up Value available. Max BSA ₹5 Lakh per life. Optional Riders available (AD&DB, AB, PWB). T&C Apply.
MATURITY BENEFIT (ON SURVIVAL) Guaranteed
| Sum Assured on Maturity |
|---|
Maturity Benefit ('Sum Assured on Maturity') is equal to the Basic Sum Assured and is guaranteed by LIC for inforce policies.
DEATH BENEFIT FOR NOMINEE Guaranteed
| Sum Assured on Death (SAD): | |
| Total Payable (Natural Death): |
Death Benefit = Sum Assured on Death (Higher of BSA or 7x Ann. Premium). Min. 105% of total premiums paid. Risk commencement & tax conditions apply.
Year-wise Policy Details (Illustrative)
▼| End of Year | Age | Cumulative Premium (Approx. ₹) | Death Benefit (Approx. ₹) | Maturity Benefit (₹) |
|---|
Premiums are estimates incl. rebates & GST. Death Benefit = Sum Assured on Death. Maturity Benefit = Basic Sum Assured. Surrender/Loan values are not shown.
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