Jeevan Utsav Single Premium Calculator

Plan 883UIN: 512N392V01

Single premium whole life plan with guaranteed income

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 Single Premium→

Estimated Premium

Annual Premium

₹4,64,150

GST-exempt (individual life cover)

Sum Assured

₹5,00,000

Term

8 years

Total Premium

₹4,64,150

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 1.25x the tabular single premium) plus accrued guaranteed additions

Maturity Benefit

Sum Assured on Maturity plus accrued guaranteed additions at age 100

Survival Benefit

Regular or Flexi income of 10% of Basic Sum Assured a year after the guaranteed addition period

Tax Benefits

Section 80C deduction (up to 1.5L)
Maturity tax-free under 10(10D)

Official Premium Table(from LIC Sales Brochure)

Age	8 yr	12 yr	16 yr
10 yrs	₹4,64,150	₹3,61,875	₹2,85,725
30 yrs	₹4,64,150	₹3,61,875	₹2,86,725
50 yrs	₹4,64,150	₹3,61,875	₹3,00,800

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 Range	Rebate
₹5,00,000 to less than ₹10,00,000	Nil
₹10,00,000 to less than ₹25,00,000	5.00 to 11.00 per ₹1,000 BSA (by age)
₹25,00,000 to less than ₹50,00,000	9.00 to 19.00 per ₹1,000 BSA (by age)
₹50,00,000 and above	10.00 to 21.00 per ₹1,000 BSA (by age)

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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