Jeevan Umang Calculator

Plan 745UIN: 512N312V03

Get paid every year for life, plus a lump sum at age 100

Calculate Your Premium

Your Age (years)

Eligibility: 0 to 55 years

Sum Assured (Rs.)

Minimum: ₹2,00,000

Premium Paying Term (years)

Payment Mode

View full plan details for Jeevan Umang→

Estimated Premium

Annual Premium

₹16,211

GST-exempt (individual life cover)

Annual Premium

₹16,542

Sum Assured

₹2,00,000

Term

15 years

Total Premium

₹2,43,167

Projected Maturity

~4.22% p.a. (XIRR)

₹3,44,000

Sum assured ₹2,00,000 + projected bonus ₹1,44,000. Bonus held flat at latest declared (2025-26) (48/1,000/yr). Indicative, not guaranteed.

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 on Death (higher of 7x annual premium or BSA) + vested bonuses + FAB

Maturity Benefit

Sum Assured on Maturity (= BSA) + vested bonuses + FAB at age 100

Survival Benefit

8% of Basic Sum Assured paid every year after premium paying term ends, until age 99

Tax Benefits

Section 80C deduction on premiums
Maturity tax-free under 10(10D)

Official Premium Table(from LIC Sales Brochure)

Age	15 yr	20 yr	25 yr	30 yr
20 yrs	₹16,542	₹11,407	₹8,536	₹6,840
30 yrs	₹16,542	₹11,407	₹8,595	₹7,027
40 yrs	₹16,542	₹11,476	₹9,036	₹7,664
50 yrs	₹16,542	₹12,368	-	-

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

Mode Rebates: Yearly: -2% of Tabular Premium | Half-Yearly: -1% of Tabular Premium | Qtr/Monthly: NIL

High Sum Assured Rebate

Sum Assured Range	Rebate
₹2,00,000 to ₹4,50,000	Nil
₹5,00,000 to ₹9,00,000	2.50‰ BSA
₹10,00,000 to ₹24,00,000	3.50‰ BSA
₹25,00,000 and above	4.00‰ BSA

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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