LIC Jeevan Labh (736 Style) Calculator
LIC's Jeevan Labh (Plan 736) Calculator
Estimate premium and benefits (based on Plan 736 structure - UIN: 512N304V03).
CHOOSE A PLAN (1st Year Premiums incl. GST)
Hello Sanjay, this Jeevan Labh plan presentation is prepared for you.
Premium includes GST. First Year Rate: 4.5%, Second Year onwards: 2.25%.
CALCULATION DETAILS
| Basic Sum Assured (BSA): | ₹ |
| Age: | |
| Policy Term (PT): | Years |
| Premium Paying Term (PPT): | Years |
| Sum Assured on Death (Higher of BSA or 7xAP): | ₹ |
| AD&D Rider Sum Assured: | ₹ |
| Term Rider Sum Assured: | ₹ |
"Sum Assured on Death" is Higher of Basic Sum Assured (₹ ) or 7 times Annualised Premium (₹ ). Minimum Death Benefit is 105% of total premiums paid.
MATURITY BENEFIT (ON SURVIVAL) (Approx. @8% illustration)
| Basic Sum Assured | Bonus (approx. @8%) | FAB (approx. @8%) | Total Maturity (approx. @8%) |
|---|
| ₹ | ₹ | ₹ | ₹ |
Maturity value on Survival = Basic SA + Vested Bonus + FAB (if any). Bonuses are illustrative based on 8% p.a. assumed return and not guaranteed.
DEATH BENEFIT FOR NOMINEE (Approx. @8%)
| Sum Assured on Death: | ₹ |
| Bonus (Approx. @8%): | ₹ |
| FAB (Approx. @8%): | ₹ |
| (+) Term Rider Benefit (If Opted): | ₹ |
| (+) AD&D Rider Benefit (If Accidental Death): | ₹ |
| Total Payable (Natural Death - Approx. @8%) | ₹ |
| Total Payable (Accidental Death - Approx. @8%) | ₹ |
Assumes illustrative death during policy year 10. Vested Bonuses & FAB depend on year of death & LIC declarations. Min 105% of total premiums paid. Tax benefits u/s 10(10D) subject to conditions.
Shows Guaranteed & Illustrative Non-Guaranteed Benefits @4%/8% p.a.
| Policy Year | Annual Premium | GSV | Non-GSV (@4%) | Non-GSV (@8%) | Death Benefit (@4%) | Death Benefit (@8%) |
|---|
Important: Non-Guaranteed values (@4%/8%) are illustrative & NOT guaranteed. GSV applies after 2 full years' premiums. Death benefit min 105% premiums paid.
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Published on: January 1, 2026