Want to know how much a LIC policy will cost you? Use our LIC premium calculator below to get approximate monthly premiums for all popular LIC plans based on your age and sum assured.
🧮 LIC Premium Calculator
LIC Premium Table by Age (₹10 Lakh Sum Assured)
| Age | Jeevan Amar | Jeevan Umang | Jeevan Labh | Jeevan Anand |
|---|---|---|---|---|
| 25 | ₹450/mo | ₹3,600/mo | ₹2,800/mo | ₹3,200/mo |
| 30 | ₹700/mo | ₹4,200/mo | ₹3,400/mo | ₹3,800/mo |
| 35 | ₹1,050/mo | ₹5,400/mo | ₹4,200/mo | ₹4,800/mo |
| 40 | ₹1,800/mo | ₹7,200/mo | ₹5,800/mo | ₹6,500/mo |
| 45 | ₹3,200/mo | ₹9,800/mo | ₹8,000/mo | ₹8,800/mo |
Notice how premiums almost DOUBLE every 5 years? That's why buying early saves you lakhs over the policy term.
Factors That Affect LIC Premium
- Age: Younger = cheaper. Every year you wait increases premium by 5-10%
- Sum Assured: Higher cover = higher premium (but rate per lakh reduces)
- Premium Paying Term: Shorter term = higher annual premium but lower total
- Payment Mode: Yearly is cheapest (2-5% discount). Monthly is costliest
- Riders: Accidental death, critical illness riders add 10-20% to premium
- Health: Smokers, pre-existing conditions may pay higher premiums
- Gender: Women often get 5-10% lower premiums
How to Reduce Your LIC Premium
- Buy young — age 25-30 gets the lowest rates
- Choose yearly payment — saves 2-5% compared to monthly
- Don't over-insure — use the calculator above to find your ideal cover
- Maintain good health — regular checkups, no smoking
- Compare plans — sometimes a different plan gives better value
📞 Get Exact Premium Quote
The calculator above gives approximate values. For exact premium with all discounts, riders, and tax benefits calculated, contact us. Contact here → or email info@todayglobalmarket.com