Jeevan Utsav Calculator

Plan 771UIN: 512N363V02

Guaranteed income for life with increasing benefits

Calculate Your Premium

Your Age (years)

Eligibility: 0 to 65 years

Sum Assured (Rs.)

Minimum: ₹5,00,000

Premium Paying Term (years)

Payment Mode

View full plan details for Jeevan Utsav→

Estimated Premium

Annual Premium

₹1,10,150

GST-exempt (individual life cover)

Sum Assured

₹5,00,000

Term

5 years

Total Premium

₹5,50,750

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 Basic Sum Assured or 7x annualised premium) + accrued guaranteed additions, minimum 105% of premiums paid

Maturity Benefit

No maturity benefit; cover and yearly income continue for whole of life

Survival Benefit

10% of Basic Sum Assured every year for life, starting from the 11th policy year for PPT 5 to 8, and from policy year PPT plus 3 for PPT 9 to 16

Tax Benefits

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

Official Premium Table(from LIC Sales Brochure)

Age	5 yr	8 yr	12 yr	16 yr
10 yrs	₹1,09,575	₹72,600	₹44,250	₹29,900
30 yrs	₹1,10,150	₹72,600	₹44,275	₹30,025
50 yrs	₹1,18,625	₹72,600	₹45,225	₹33,475

Annual premiums in Rs. for BSA of ₹5,00,000. Standard lives. Exclusive of taxes.

Mode Rebates: Yearly: Nil | Half-Yearly: 1.75% loading | Qtr/Monthly: Quarterly: 2.50%, Monthly: 3.25%

High Sum Assured Rebate

Sum Assured Range	Rebate
₹10,00,000 to less than ₹25,00,000	₹1.30 to ₹2.50 per ₹1,000 BSA, by PPT
₹25,00,000 to less than ₹50,00,000	₹2.90 to ₹4.50 per ₹1,000 BSA, by PPT
₹50,00,000 and above	₹3.00 to ₹5.75 per ₹1,000 BSA, by PPT

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: 2026-07-04

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