LIC Jeevan Umang Calculator
Estimate the maturity and returns of your LIC Jeevan Umang policy with our dedicated online calculator. Plan your whole life insurance benefits.
LIC Jeevan Umang (Plan No. 945) is a popular whole life assurance plan that offers both income and protection to your family. It provides annual survival benefits from the end of the premium paying term till maturity, and a lump sum amount at the time of maturity or on death of the policyholder.
Our calculator provides an estimated view of the potential benefits, helping you understand the income stream and maturity value. Remember that actual bonuses are dynamic and declared by LIC.
- Enter your Age at Entry (between 9 and 55 years).
- Enter your Basic Sum Assured (minimum ₹2,00,000, in multiples of ₹25,000).
- Select your Premium Paying Term (PPT) from the available options.
- The Policy Term will be auto-calculated (maturity at age 100).
- Click Calculate Benefits to see estimated annual payouts and maturity value.
- Whole life cover up to age 100.
- Guaranteed annual survival benefits after PPT ends.
- One-time lump sum maturity benefit at age 100 or on earlier death.
- Eligibility for Simple Reversionary Bonus and Final Additional Bonus as declared by LIC.
- Loan facility after policy acquires surrender value.
1. Are these benefit values guaranteed?
No, the annual survival benefit is guaranteed, but the bonuses (SRB & FAB) are declared by LIC and may change over time. This calculator uses illustrative rates.
2. Can I choose any premium paying term?
You can select from 15, 20, 25, or 30 years, but it must be less than the total policy term (100 - Age at Entry).
3. Is this tool official?
No, this is an independent calculator for educational purposes. For exact figures, refer to official LIC documents or consult a certified LIC agent.