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SIIP (Systematic Investment Insurance Plan) Calculator

Plan 752UIN: 512L334V02

SIP-like investment with life insurance cover

Calculate Your Premium

Eligibility: 18 to 55 years

Minimum: ₹7,00,000

View full plan details for SIIP (Systematic Investment Insurance Plan)→
Estimated Premium

Annual Premium

₹63,000

GST-exempt (individual life cover)

Annual Premium

₹63,000

Sum Assured

₹7,00,000

Term

10 years

Total Premium

₹6,30,000

Add riders

Benefits at a Glance

Death Benefit

Higher of fund value or Sum Assured

Maturity Benefit

Fund value at maturity

Tax Benefits

  • Section 80C deduction on premiums
  • Maturity may be tax-free under 10(10D)
Official Premium Table(from LIC Sales Brochure)
Age10 yr15 yr20 yr25 yr
25 yrs₹42,000₹42,000₹42,000₹42,000
35 yrs₹42,000₹42,000₹42,000₹42,000
45 yrs₹42,000₹42,000₹42,000₹42,000
55 yrs₹42,000₹42,000₹42,000-

Annual premiums in Rs. for BSA of ₹4,20,000. Standard lives. Exclusive of taxes.

Mode Rebates: Yearly: ₹42,000 min | Half-Yearly: ₹21,000 min | Qtr/Monthly: ₹10,500/₹3,500 min

High Sum Assured Rebate

Sum Assured RangeRebate
ULIP planBSA = 10x or 7x annual premium (no SA rebate)

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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