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Jeevan Utsav Single Premium Calculator

Plan 883UIN: 512N392V01

Single premium whole life plan with guaranteed income

Calculate Your Premium

Eligibility: 0 to 60 years

Minimum: ₹1,00,000

Estimated Premium

Annual Premium

₹90,330

GST-exempt (individual life cover)

Annual Premium

₹90,330

Sum Assured

₹1,00,000

Term

8 years

Total Premium

₹7,22,640

Add riders

Benefits at a Glance

Death Benefit

Sum Assured + guaranteed additions

Maturity Benefit

Sum Assured + guaranteed additions at age 99

Survival Benefit

Guaranteed income after single premium payment

Tax Benefits

  • Section 80C deduction (up to 1.5L)
  • Maturity tax-free under 10(10D)
Official Premium Table(from LIC Sales Brochure)
Age8 yr12 yr
10 yrs₹4,64,150₹3,61,875
30 yrs₹4,64,150₹3,61,875
50 yrs₹4,64,150₹3,61,875

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

Mode Rebates: Yearly: Single premium only | Half-Yearly: N/A | Qtr/Monthly: N/A

High Sum Assured Rebate

Sum Assured RangeRebate
₹5L to ₹24LMultiples of ₹25,000
Above ₹24LMultiples of ₹50,000

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