Bima Kavach Calculator

Plan 887UIN: 512N360V01

Comprehensive term plan with rider options, launched December 2025

Calculate Your Premium

Your Age (years)

Eligibility: 18 to 65 years

Sum Assured (Rs.)

Minimum: ₹2,00,00,000

Premium Paying Term (years)

Payment Mode

View full plan details for Bima Kavach→

Estimated Premium

Annual Premium

₹19,000

GST-exempt (individual life cover)

Annual Premium

₹19,000

Sum Assured

₹2,00,00,000

Term

20 years

Total Premium

₹3,80,000

Add riders

Accidental Death and Disability Benefit Rider1/1,000/yrAccident Benefit Rider0.5/1,000/yr

Benefits at a Glance

Death Benefit

Sum Assured (level or increasing) paid to nominee

Maturity Benefit

None, pure protection

Tax Benefits

Section 80C deduction on premiums

Official Premium Table(from LIC Sales Brochure)

Age	20 yr
20 yrs	₹12,600
30 yrs	₹19,000
40 yrs	₹43,600

Annual premiums in Rs. for BSA of ₹2,00,00,000. Standard lives. Exclusive of taxes.

Mode Rebates: Yearly: Nil (base rate) | Half-Yearly: 2% loading | Qtr/Monthly: Not available

High Sum Assured Rebate

Sum Assured Range	Rebate
₹2Cr to ₹3Cr (age 18-35)	Nil
₹3Cr to ₹5Cr (age 18-35)	2.25%
₹5Cr to ₹10Cr (age 18-35)	3.50%
₹10Cr+ (age 18-35)	4.00%

Important Disclaimer

These premium rates are indicative, sourced from official LIC Sales Brochures. Actual premiums may differ based on underwriting, medical examination, and other factors. Individual life insurance is GST-exempt since Sep 2025. Please consult your insurance advisor or nearest LIC branch for exact premium quotes before making any purchase decisions.

Last verified: 2026-03-21

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