LIC Jeevan Anand Premium Calculator
Calculate your premium for LIC’s most popular endowment plan that offers both protection and savings
30 years
20 years
₹10,00,000
Estimated Premium
Premium Breakdown
Basic Premium
₹48,500
GST
Not Applicable
Total Premium
₹48,500
Key Benefits:
Life cover of ₹10,00,000 throughout policy term
Coverage continues till age 100 (even after policy term)
Maturity benefit: Sum Assured + Accrued Bonuses
Death benefit: Sum Assured + Bonuses
Tax benefits under Section 80C & 10(10D)
Policy Projection
Total Premium Paid
₹9,70,000
Over 20 years
Maturity Value
₹21,50,000
At end of policy term
Death Benefit
₹10,00,000
+ Accrued Bonuses
Bonus Rate
₹40/1000
Per year (approx.)
Important Note on GST
The Indian government has proposed to remove GST on life insurance premiums, effective September 22, 2025[citation:1]. This calculator assumes GST is not applicable based on this proposed change. However, please verify the current GST status with LIC or your insurance advisor at the time of payment, as the implementation may vary based on your policy’s specific due date and other factors.
