LIC Kavach Plan 887 Calculator – Term Insurance Premium Calculator

LIC Kavach Plan 887 Calculator – Term Insurance Premium Calculator

LIC Kavach Plan Calculator

Plan 887 – Term Insurance

Calculate your premium for LIC’s Kavach Plan – A pure term insurance plan with return of premium option

Plan Configuration

Premium Summary

Annual Premium
₹12,450
Sum Assured
₹50L
Total Premium Payable
₹2.49L
Policy Term
20 Years
Pure Risk Cover
Return of Premium Option
Riders Available
Tax Benefits u/s 80C & 10(10D)

Premium Analysis

Premium Breakdown
Plan Comparison
Coverage Benefits

If Planning your family’s financial security is one of the most important decisions you can make. Term insurance provides high life cover at an affordable premium, ensuring that your loved ones remain financially protected even in your absence.

The LIC Bima Kavach Plan 887 Calculator helps you to estimate the premium, life cover, and policy benefits before purchasing the policy. Instead of manually calculating premiums, you can instantly check the estimated cost of coverage based on your age, policy term, smoking status, and sum assured.

LIC Bima Kavach (Plan 887) is a pure term insurance plan launched by LIC to provide substantial life cover with flexible premium payment options and coverage up to age 100. It offers a minimum sum assured of ₹2 Crore and is designed for individuals seeking high-value financial protection.

Author

Leave a Comment

Index