LIC Jeevan Labh (Plan 736)
UIN: 512N304V03 | Advanced Smart Estimator
Enter Policy Details
Min: 8, Max: 50 yrs
Min: ₹2,00,000. Multiples of 10k (upto 4.5L) or 25k (above 4.5L).
Enhance Protection (Riders)
Accidental Death & Disability
Extra payout on accidents (Age 18+)
Term Assurance Rider
Double Life Cover (At inception only)
Overview
Benefits & Tax
Year-wise Data
Hi , Here is your Premium Summary
Your Equivalent Daily Saving
₹ 0 / day
Yearly
₹0
Yr 2+: ₹0
Half-Yr
₹0
Yr 2+: ₹0
Quarterly
₹0
Yr 2+: ₹0
Monthly
₹0
Yr 2+: ₹0
| Basic Sum Assured | |
|---|---|
| Policy Term / PPT | Yrs / Yrs |
| Sum Assured on Death |
Maturity vs Investment Analysis
Total Paid:
Est. Maturity:
| Basic Sum Assured | |
|---|---|
| Vested Bonus (Est. 8%) | |
| Final Add. Bonus (Est. 8%) | |
| Total Est. Maturity | |
| Absolute Return (ROI) | 0% |
| Est. Tax Saved (Sec 80C)* | 0 |
Death Benefit (To Nominee)
| Sum Assured on Death | |
|---|---|
| Term Rider Payout | |
| Normal Death Payout** | |
| Accidental Rider Payout | |
| Accidental Death Payout** |
**Includes illustrative Bonus & FAB assuming death in Policy Year 10 at 8%. Tax saved assumes 30% slab on premiums paid.
Year-wise Projection
| Yr | Premium | GSV | Est SSV(8%) | Est Death(8%) |
|---|
GSV = Guaranteed Surrender Value. SSV = Special Surrender Value (Illustrative @8%). Loan available after 2 years.
Jeevan Labh – Feature Comparison (736 vs 936 vs 836)
| Feature | Plan 736 (Active) (UIN: 512N304V03) | Plan 936 (Old) (UIN: 512N304V02) | Plan 836 (Older) (UIN: 512N304V01) |
|---|---|---|---|
| Launch Date | 17 Oct 2024 | 1 Feb 2020 | (Before 2020) |
| Withdrawal Date | Active | 1 Oct 2024 | (Before Feb 2020) |
| Policy Term Options | 16, 21, 25 years | 16, 21, 25 years | 16, 21, 25 years |
| Premium Paying Terms | 10 (for T16), 15 (for T21), 16 (for T25) | 10 (for T16), 15 (for T21), 16 (for T25) | 10 (for T16), 15 (for T21), 16 (for T25) |
| Min. Entry Age | 8 years (completed) | 8 years (completed) | 8 years (completed) |
| Max. Entry Age (NB) | 59 (T16), 54 (T21), 50 (T25) | 59 (T16), 54 (T21), 50 (T25) | 59 (T16), 54 (T21), 50 (T25) |
| Max. Maturity Age (NB) | 75 years | 75 years | 75 years |
| Min. Basic Sum Assured | ₹2,00,000 | ₹2,00,000 | ₹2,00,000 |
| Max. Basic Sum Assured | No Limit | No Limit | No Limit |
| BSA Multiples | ₹10k (2L-4.5L), ₹25k (>4.5L) | ₹10,000 | ₹10,000 |
| Death Benefit | Higher of BSA or 7xAP + Bonuses | Higher of BSA or 10xAP + Bonuses | Higher of BSA or 10xAP + Bonuses |
| Maturity Benefit | BSA + Bonuses | BSA + Bonuses | BSA + Bonuses |
| Participation in Profits | Yes (Par) | Yes (Par) | Yes (Par) |
| Premium Modes | YLY, HLY, QLY, MLY(ECS), SSS | YLY, HLY, QLY, MLY(ECS), SSS | YLY, HLY, QLY, MLY(ECS), SSS |
| Loan Facility | Yes (after 2 full years’ premiums) | Yes (after 2 full years’ premiums) | Yes (after 3 full years’ premiums) |
| High SA Rebate | Refer calculation | Yes | Yes |
| Mode Rebate | Refer calculation | Yes | Yes |
| Riders Available | AD&DB, Term Assurance | AD&DB, Term Assurance, Critical Illness, PWB | AD&DB |
| Calculated Annual Premium (Excl. GST, for current inputs) | – | N/A | N/A |
