LIC Jeevan Utsav Plan Calculator

The LIC Jeevan Utsav plan calculator is an online tool that helps users to calculate the premium amounts and the maturity benefits they receive under the plan. It requires you to enter your age, premium paying term, sum assured, and other basic details. This LIC Jeevan Utsav plan 771 premium and maturity calculator simplifies the financial planning by showing the premium you have to pay and helps in comparing different options of paying premiums.

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Policies Sold

What is the LIC Jeevan Utsav Plan Calculator?

LIC Jeevan Utsav premium calculator is a smart online tool by LIC of India which is available on their official website, which assists you in understanding the plan and calculating the financial aspects of your LIC Jeevan Utsav policy.

Whether you are looking to simplify your financial planning or are exploring the Jeevan Utsav LIC plan, use the LIC Jeevan Utsav 771 maturity calculator for clarity. LIC Jeevan Utsav 771 premium calculator helps you to take a responsible financial decision by analysing estimations of premiums and benefits and decide as per your requirements and goals.

Calculate your LIC Premium
Years
₹
Years
  • 15
  • 20
  • 25
  • 30
Lifetime income
₹1.68 Lacs
Total returns
₹3.22 Cr
*for market linked plans only

What are the Key Features of LIC Jeevan Utsav Calculator?

Here is a list of key features of LIC Jeevan Utsav plan 871 premium and maturity calculator (older version of LIC Jeevan Utsav 771) are:

  • Compare different LIC Jeevan Utsav plan premium payment options

  • Estimate the premium for your LIC Jeevan Utsav plan in different premium payment modes

  • Estimate your returns including death benefit amount

  • Project your return estimations in real time

  • Loan and surrender value information is also provided.

  • With the Jeevan Utsav calculator, it would be easy to check the effects of your age, premium payment term, and sum assured on your payouts.

How to Use LIC Jeevan Utsav Calculator?

LIC Jeevan Utsav 771 plan calculator (previously known as LIC Jeevan Utsav plan 871 premium and maturity calculator) can be used to determine the premium and insurance coverage value. The LIC Jeevan Utsav 771 Calculator can be obtained from the LIC’s official website.

From Policybazaar

Here are a few easy steps to calculate premiums by using the LIC Jeevan Utsav 771 plan calculator and purchasing the plan from Policybazaar:

Step 1: Open Policybazaar’s official website and search for LIC plans under products.

Step 2: Enter your mobile number, email, name and click on “View Plans”.

Step 3: Enter your investment amount and policy term in the top left corner of the page. Then click on “View Details” in the LIC Jeevan Utsav plan. After carefully reviewing the LIC Jeevan Utsav 771 plan details, click “Proceed”.

Step 4: Fill in your personal and policy details as per your preferences and proceed.

Step 5: Enter all your details very carefully. Make a payment, upload all your documents and you will be issued a policy after careful verification.

On the basis of the input provided, the Jeevan Utsav calculator LIC will provide the estimated premium, the Basic Sum Assured, the Guaranteed Additions, and the benefits available under the LIC Jeevan Utsav Policy.

From LIC Website:

Another tool for calculation is the Jeevan Utsav LIC plan calculator on the official LIC website. Though not listed by the same name, the standard LIC Calculator will perform the same operations after choosing the LIC Jeevan Utsav Plan.

The procedures to use the LIC Jeevan Utsav Policy Calculator from the official website of LIC are as follows:

Step 1: Visit the official website of LIC by scrolling down to the section ‘How Much Insurance You Need.’

Step 2: Click on ‘Calculate Premium’.

Step 3: Fill in the basic information like your name, age, gender, and contact number by clicking on the “Next” button. After that, press the “Quick Quote” button.

Step 4: Select the LIC Jeevan Utsav plan from the plans listed and click on “Coverage”.

Step 5: Submit the required information and click the “Quote” button.

The result for the LIC premium calculator Jeevan Utsav will depend on your input values. Further, you will be able to get an elaborated excel sheet showing the premium amount, sum assured value, among other details.

How to Calculate Premium Using the Jeevan Utsav Calculator?

Here is an example of the premium calculated using the LIC Jeevan Utsav Calculator. Let’s assume:

Age at entry: 26 years

Survival Benefit Option: Regular Income Benefit

Premium Paying Term: 15 years

Premium Paying Frequency: Yearly
Premium Amount: Rs.57,730

Policy Term: 99 years

Tobacco Usage: No

Sum Assured: Rs.10,00,000

Premium Paying Frequency Premium Amount
Monthly 5,085
Quarterly 14,843
Half-yearly 29,440
Yearly 57,730

When you use the LIC Jeevan Utsav Calculator, you enter your own age, the premium payment term and frequency you decide and hence, customize the calculations for yourself to get the exact premium amount for your situation.

How does the LIC Jeevan Utsav Calculator Work?

The LIC Jeevan Utsav Calculator is a digital tool that requires basic personal info and preferred policy details from the user to generate estimations of premiums and benefits of the LIC Jeevan Utsav policy. Using the LIC Jeevan Utsav Plan 771 Calculator, the estimations can help the potential policy buyer to see if the benefits from the policy align with their financial requirements or not.

  • Enter Basic Information
    Policyholders will enter details like name, date of birth, and contact information asked by the LIC calculator, as they vary for everyone.

  • Choose the Sum Assured
    Select the basic sum assured for your Jeevan Utsav policy. Choose the amount that the policy will pay out. The minimum sum assured for LIC Jeevan Utsav policy is 5 lakh.

  • Choose the Term for the Premium Payment
    Select a premium paying term of 5 to 16 years. The LIC Jeevan Utsav premium and benefits vary as per your premium paying term and the LIC plan 771 calculator presents premiums under different frequencies for comparison.

What are the Benefits of LIC Jeevan Utsav Calculator?

Premium Calculation: Jeevan Utsav LIC Plan Calculator assists you to determine your premium amounts depending on the age, policy term and sum assured chosen on LIC Jeevan Utsav policy.

Sum Assured Calculation: It assists you to determine the life insurance that you are qualified for depending on the facts provided by you.

Check the Guaranteed Additions: The Jeevan Utsav LIC Calculator displays the guaranteed additions that form a part of your policy.

Customisation: LIC plan 771 calculator offers options to adjust inputs like sum assured, premium payment frequency and amount etc to find the best premium rates for yourself.

Easy to Use: This calculator is easy to use and requires only a few minutes to give results.

Just keep following the steps on your screen and you will be able to get your premium results quickly. You can use it whenever you want. You can use this calculator anytime to evaluate your LIC Jeevan Utsav benefits.

Is Using LIC Jeevan Utsav Calculator Helpful?

The LIC Jeevan Utsav 771 Calculator is one tool that is highly recommended when considering the LIC Jeevan Utsav plan. It allows you to make the best decision by calculating the premium payments and the guaranteed amount. This LIC Jeevan Utsav Calculator helps you understand policy projections more clearly. Using the plan 771 calculator mindfully can actually help you to make an informed decision for your family’s future.

FAQs

  • What is the LIC Jeevan Utsav calculator?

    Ans: LIC Jeevan Utsav calculator is a tool to calculate the amount of money that a person would receive from Jeevan Utsav insurance. The Jeevan Utsav premium calculator also provides complete details of the premium that the person needs to pay to get their expected benefits.
  • How does the Jeevan Utsav calculator work?

    Ans: The LIC Jeevan Utsav calculator uses data such as the policyholder's age, how long they will be paying premiums and how long the policy will be in effect. It adds up the expected maturity benefits, bonus amounts and other things to generate the LIC Jeevan Utsav plan calculator excel.
  • Does LIC have an official Jeevan Utsav calculator?

    Ans: LIC of India has one official calculator on its website. Under this one calculator all the LIC plans are included. So, when you open the LIC Calculator, fill in your personal details and then from the list of LIC policies, select the Jeevan Utsav plan to open the specific LIC Jeevan Utsav Plan Calculator.
  • Are results from the Jeevan Utsav calculator guaranteed?

    Ans: The LIC Calculator provides accurate premium amounts based on the user’s entries. You get a Jeevan Utsav plan calculator pdf that shows the benefit estimates as per the information entered by the user. The death benefit numbers are approximate estimations and shall vary if there are changes in the interest rates by LIC.
  • Can I adjust my inputs in LIC Jeevan Utsav plan 871 premium and maturity calculator?

    Ans: Yes, the input in LIC Jeevan Utsav plan 771 premium and maturity calculator can be changed as per the customer’s wishes. This lets you compare the coverage advantages under different values of sum assured.
  • Where is LIC Jeevan Utsav plan calculator maturity calculator online?

    Ans: Jeevan Utsav LIC plan is a whole life insurance policy but does not provide any maturity benefit. But you can access its death benefit information using the LIC calculator on LIC’s official website.
  • What is the interest rate of LIC Jeevan Utsav?

    Ans: LIC Jeevan Utsav plan provides an interest rate of 5.5% per annum. This rate is compounded every year.
  • Is LIC Jeevan Utsav a good plan?

    Ans: Whether LIC's Jeevan Utsav is a good plan depends on your financial goals. It offers guaranteed lifetime income and life coverage. It is a good plan for people looking for a whole life plan that offers survival benefits as well.
  • What is the paid-up value in Jeevan Utsav?

    Ans: Jeevan Utsav policy becomes paid-up if the policyholder stops paying premiums during the premium paying term but only after the lock-in period. Death paid-up sum assured is payable on death of the policyholder which is less than the original sum assured as it is calculated based on how much premium you have paid. The minimum lock-in period for the policy to become paid-up is generally 2 years. The lock-in details and other conditions are clearly mentioned on the policy documents.
  • Is LIC Jeevan Utsav tax-free?

    Ans: Premium amounts and maturity values are exempted from taxes under Section 80C and Section 10(10D) for the LIC Jeevan Utsav plan.
  • What is the age limit for Jeevan Utsav?

    Ans: People between the ages of 30 days and 65 years can buy the LIC Jeevan Utsav. However, the exact age limit varies as it is based on the premium payment term you have selected.
  • Is Jeevan Utsav a pension plan?

    Ans: No, LIC Jeevan Utsav is a whole life insurance plan which is a non-linked and non-participating individual savings policy.
  • What is the return rate of LIC Jeevan Utsav?

    Ans: Use the LIC Jeevan Utsav 771 maturity calculator online to figure out your finances and know what benefits you might get before you invest. The policyholder is eligible for flexi income benefit equal to 10% of BSA on life assured’s survival. The corporation shall pay interest on deferred and accumulated flexi income benefits at the rate of 5.5% p.a. compounding yearly.
  • Who is eligible for Jeevan Utsav?

    Ans: From age 30 days to 65 years of age can buy LIC Jeevan Utsav plan. The exact age at entry requirement depends on the premium paying term of the policyholder. Remember that the minimum sum assured is Rs.5 lakh.
  • What is LIC’s Jeevan Utsav single premium plan?

    Ans: LIC’s Jeevan Utsav single premium (Plan 883) is a non-linked, non-participating whole life insurance plan. Only a single premium is required to purchase this plan and it provides a bonus as well as a choice between regular or flexible income benefits.
  • Does this plan provide a death benefit?

    Ans: Yes, the nominee will get the greater of Basic Sum Assured (BSA) or 7 times the yearly premium paid plus accrued guaranteed additions on death of the policyholder during the policy term.
  • Are you able to add riders to your plan?

    Ans: LIC Jeevan Utsav Plan 771 offers additional riders for more protection such as the Accident Death and Disability Benefit Rider, Term Assurance Rider, Accident Benefit Rider and Premium Waiver Benefit Rider.
  • What are the LIC Jeevan Utsav 771 plan details ?

    Ans: LIC Jeevan Utsav plan is a non-linked whole life insurance plan that offers limited premium term for lifelong protection against risks. For more information, use the brochure on the LIC’s official website.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
++Returns are 10 years returns of Nifty 100 Index benchmark
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

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