LIC Jeevan Utsav is a commendable plan by the company designed to secure the future of policyholders and their families. Many people prefer to invest in LIC Jeevan Utsav, but they struggle to determine the benefits of the policy. The LIC Jeevan Utsav calculator can help you easily calculate the plan’s benefits and help you make informed decisions. It is an online tool that is free to use.
What is the LIC Jeevan Utsav Calculator?
The LIC Jeevan Utsav Calculator is an online tool that helps policyholders understand the policy and determine their financial implications. You can easily use the calculator on LIC’s official website. By using the Jeevan Utsav calculator, you can plan your future finances by calculating the amount of payable premiums and the maturity amount you will receive at the end of your policy. The calculator allows you to calculate your annual premium, know your guaranteed income and maturity amount, compare different payout options for premiums, and understand your policy in detail.
How to use the LIC Jeevan Utsav Calculator?
If you are using the premium calculator, follow the steps below:
- Open the LIC Jeevan Utsav Calculator using Google Chrome or other browsers.
- You will see the form where you need to enter your plan details, such as sum assured, premium, tenure, etc.
- Press “Proceed” and you will get the results instantly.
Features of LIC Jeevan Utsav Calculator
Here are the key features of the LIC Jeevan Utsav calculator:
- Premium Calculator: You can easily estimate the premium of your plan based on coverage, payment terms, and other factors.
- Sum Assured Calculation: It allows you to calculate the sum assured, ensuring that it meets your financial goals and needs.
- Guaranteed Additions Estimation: It gives you an insight into how the guaranteed additions accumulate and act as the overall policy growth component.
- Survival Benefits Insight: The LIC Jeevan Utsav calculator allows you to get insight into the Survival benefits associated with your policy, based on the income profit option chosen by you.
- Riders: If you add riders, your premium amount gets affected. The calculator will tell you how much will be added to the premiums upon adding the riders.
Benefits of LIC Jeevan Utsav Calculator
The LIC Jeevan Utsav premium calculator is a very beneficial tool for policyholders or people who wish to buy this policy. Let’s have a look:
- Informed Decisions: The calculator offers accurate estimations of premiums, Sum Assures, Maturity amount, etc, allowing the policyholders to make informed decisions based on their financial commitments and goals.
- Customization: The LIC Jeevan Utsav calculator allows you to get a clear understanding of your plan and allows you to customize the policy as per your needs by adjusting the premiums, sum assured, etc.
- Real-time Updates: You will get the instant result without any delay. As soon as you enter your details, the calculator will give you calculated results.
- Transparency: Using the LIC Jeevan Utsav premium calculator, you get more clarity about your plan. You gain complete knowledge of the policy and get the freedom to choose the plan as per your future needs.
LIC Jeevan Utsav Premium Calculator Example
| Age | Policy Term | Sum Assured | Estimated Premium (Annual) |
| 30 Years | 20 Years | Rs. 10,00,000 | Rs. 48,000 |
| 35 Years | 25 Years | Rs. 15,00,000 | Rs. 55,000 |
| 40 Years | 15 Years | Rs. 20,00,000 | Rs. 68,000 |
| Read more: LIC Kanyadan Policy 833 Maturity Calculator
Conclusion
The LIC Jeevan Utsav Calculator is a useful tool that can be used online easily. It is free to use and allows you to plan your investment smartly. The calculator offers security and a well-planned future to the policyholder. If you enter the precise input, you will surely get the accurate results.
FAQs
How does the LIC Jeevan Utsav Calculator work?
Ans. The LIC Jeevan Utsav calculator can be used digitally easily without any fees. When you open the calculator, it will ask you for some details and provide you with accurate information.
How can I use the calculator?
Ans. To use the calculator, enter details such as age, sum assured, and policy tenure. The generator will get results of premium amounts, maturity benefits, and other information.
Do we get the guaranteed calculated results?
Ans. The results generated by the calculator can vary as per the current policy terms. However, the results it gets are estimated and not accurate.
How many times can I use this premium calculator?
Ans. You can use the lic jeevan Utsav calculator as many times as you wish. There is no limit to usage.
Can I adjust the inputs of the lic jeevan Utsav calculator?
Ans. Yes, you can enter multiple details and compare which suits you the best.
