LIC Yuva Term Plan Calculator

The LIC Yuva Term Plan Calculator is an easy-to-use online tool that helps you estimate the premium amount for LIC's newly launched Yuva Term Insurance Plan. By entering basic details like age, coverage amount, and policy term, you can instantly get a quote and choose the right coverage based on your budget and needs. With the LIC Yuva Term Plan Calculator, you can compare premium amounts in different modes, adjust your inputs as needed, and make informed decisions without visiting a physical branch. Let's learn more about using the LIC Yuva Term Plan Calculator in detail.

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15 lakh Families Secured
₹13,50,000 Crore of Life Cover Assured
Customer Rating rating 4.8++5 Reviews
₹1 Crore Life cover starting from ₹478/month+
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What is the LIC Yuva Term Plan Calculator?

The LIC Yuva Term Plan Calculator is a user-friendly digital tool that helps policyholders and prospective customers gain better clarity on the LIC Yuva Term Plan. It supports better comparison and customization, allowing individuals to tailor the plan to their long-term goals. The tool also enhances transparency by offering consistent, real-time updates based on input changes, ensuring users are always viewing the most accurate results. The calculator empowers policyholders for informed and confident decision-making regarding their term insurance plan.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Benefits of using the LIC Yuva Term Plan Calculator:

Here is a list of 6 benefits of using LIC Yuva Term Plan Calculator:

  • Quick Premium Estimation: By entering a few basic details like age, sum assured, and policy tenure, the LIC Yuva term plan 875 premium calculator instantly provides an estimated premium amount.

  • Flexible Options: The LIC Yuva Term plan calculator allows users to adjust the sum assured and tenure to find the best-fit premium for their budget.

  • Informed Decision-Making: The calculator by LIC of India enables prospective buyers to make informed decisions by showing how different parameters affect the premium.

  • Easy Comparison: Compare different coverage options and premium amounts to choose the best fit for your financial goals.

  • Time-Saving: Skip the need for in-person visits and calculate everything online in minutes.

  • Free of Cost: The LIC Yuva Term plan calculator is available online at no cost and can be used multiple times.

How to Use the LIC Yuva Term Plan Premium Calculator?

Using the LIC Yuva Term Plan Premium Calculator is simple and user-friendly. Here’s a step-by-step guide:

Step 1: Visit the official website of LIC

Step 2: Scroll down to the “How Much You Need” Section and click on “Calculate Premium.

Step 3: Enter your age, name, DOB, gender, etc and click on “Next”. Choose “Quick Quotes”

Step 4: Choose LIC Yuva Term Plan from the options and click on “Coverage”.

Step 5: Provide plan details like Sum Assured amount, Sum assured on death option, smoking category, premium paying type, premium paying term, and then click “Quote”.

The LIC term insurance premium calculator will display the premium amount based on your inputs, giving you a realistic view of the financial commitment required for the policy. The LIC Yuva Term plan calculator works similarly to any other LIC Calculator. It adjusts as per the chosen plan.

Life Insurer Details

Benefits of LIC Yuva Term Plan for Young Adults

For young adults, the LIC Yuva Term Plan has multiple advantages that make it a viable choice:

  • Financial Security for Family: The high sum assured ensures that the policyholder’s family will not face financial difficulties if the unexpected happens.

  • Affordable Premiums: The younger you are, the lower your premium. This makes it easy for young people just starting their careers to afford a robust life insurance plan.

  • Payout Options: The plan offers 2 payout (death benefit) options to choose from:
    Option I: Level Sum Assured (Fixed Basic Sum Assured throughout the policy term)
    Option II: Increasing Sum Assured (Increases 10% yearly from year 6 to 15, max 2× Basic Sum Assured).

  • Flexibility: The plan allows policyholders to tailor coverage to their needs by choosing the sum assured and tenure.

  • Instalment Option: This option allows the nominees to receive the death benefit in instalments as under:

    Mode of Instalment payment Minimum Instalment amount (Rs)
    Monthly 5,000/-
    Quarterly 15,000/-
    Half-Yearly 25,000/-
    Yearly 50,000/-

Sample Premium Illustration Using LIC Yuva Term Plan Calculator

The sample illustrative premiums for LIC Yuva Term plan’s Option I (Level Sum Assured) using the LIC Yuva term plan 875 calculator. Here are the plan details:
Basic Sum Assured: Rs 50 Lakh
Age: 30 years 

Policy Term: 40 years

Premium Payment Frequency Premium Amount (Rs)
Regular Annual Premium (in Rs.) 12,331
Annual Premium for Limited Premium Paying Term of 15 Years (in Rs.) 18,113
Single Premium (in Rs.) 1,63,253

The LIC Term Plan Calculator asks for details such as Sum Assured type, smoker category, policy term, premium paying term, etc, to factor in all your policy specifications and calculate the premium amount under Option 1 and Option 2 and provide illustrations based on them.

Wrapping It Up:

The LIC Yuva Term Plan Calculator is an effective tool for young individuals to understand the cost of life insurance protection. It brings transparency to the insurance planning process by helping users estimate their premiums and adjust their plans as needed. With its high coverage at affordable rates, the LIC Yuva Term Plan is an excellent choice for young adults looking to secure their financial future. Whether a fresh graduate or a young professional, investing in a term plan early ensures you are prepared for life’s uncertainties, providing peace of mind for you and your loved ones.

FAQs

  • Q: What are the benefits of LIC Yuva Term Plan?

    Ans: LIC Yuva Term Plan offers life cover at affordable rates with flexible payment options (single, regular, limited premium). It provides two death benefit choices—Level Sum Assured or Increasing Sum Assured—and lower premiums for non-smokers. You can estimate your premium using the LIC Yuva Term Plan Calculator for accurate quotes.
  • Q: What is the LIC Yuva Term Plan 875?

    Ans: LIC Yuva Term Plan 875 is a pure term life insurance plan that offers financial protection to your family in case of untimely death during the policy term. The plan provides customizable premium payment options and lets you choose how the death benefit is received, lump sum or in installments. You can check the premium using the LIC Term Life Insurance Calculator online.
  • Q: What is LIC’s 50 Lakh Term Policy?

    Ans: LIC’s 50 Lakh Term Policy refers to any LIC term insurance plan, like the LIC Yuva Term Plan, with a ₹50 lakh sum assured. It offers financial protection to the nominee if the insured passes away during the term. Use the LIC Yuva Term Plan Calculator to estimate premiums instantly.
  • Q: How to calculate LIC Term Insurance Premium?

    Ans: To estimate your term insurance cost, use the LIC Term Insurance Premium Calculator. Go to LIC’s official website and in the “Calculate Premium” section, enter details like your age, gender, life cover amount, smoking status, and policy term. Click on "Quote" to view your premium instantly.
Premium By Age

˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar 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

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

© Copyright 2008-2025 policybazaar.com. All Rights Reserved

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.



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LIC Yuva Term Plan Calculator Reviews & Ratings

4.6 / 5 (Based on 27 Reviews)
(Showing Newest 10 reviews)
Meer
Chalakudy, April 16, 2021
Easy claim settled
I bought the Lic India term plan from the suggestion of my family friend and he recommended me a lot of plans. He said that the claim settlement ratio is quick and easy. Also, it is protective plan.
Jyotsana
Asifabad, April 14, 2021
Additional riders
Along with my Lic India term insurance plan I have got the additional riders too. It has been an important thing for me and can be useful at any point in time. It can be added with a minimal amount.
Nimesh
Lakhimpur Kheri, April 13, 2021
Tax rebate
I bought a Lic India term insurance policy online and it has been into my budget. Also, I like one thing that I would able to get the tax benefits under it. It is a good option and can be beneficial for all tax payers.
Amit
Raghunathpur, April 09, 2021
Happy customers
I am one of the happiest customer of Lic India term plan and I have found various good deals. It is the plan which has come under my budget. And it has been a protective shield for me and my family.
Azam
, April 09, 2021
Good Benefits
It is important for everyone to understand that benefit is must when you are buying a child insurance plan. I bought a beneficial child plan of LIC India.
Seema
Agra, April 07, 2021
Good plan
I like my Lic India term plan from the online market and I found the solace in this plan. It is a good thing to support yourself by getting the best term plan so secure the life.
Ashraf
Babina, March 23, 2021
Additional riders and benefits
It is a good idea for everyone to buy a LIC term plan as I have got the additional riders too under the same. The plan is very nice and much helpful.
Naman
Anantnag, March 22, 2021
Tax benefits
With this LIC term insurance plan I received a tax rebate and tax benefits. I found it much better as compared to other plans and it’s a kind of coverage and investment for me. I am totally happy with this plan and found it worthy.
Chetan
Mawana, March 16, 2021
Secure your family
I have secured my family by buying a LIC term insurance plan. It is a long term plan with a lot of benefits under the same. At-least I will be satisfied that my family will safe and financially secured after I am not around. It’s a great plan under my budget.
Bibek
Baleshwar, March 02, 2021
Premium payment is easy
It’s really easy to pay for the premium amount of my lic India term plan. Also, I pay it online because it is transparent in nature. I bought this plan like about 4 years back and continuing it for its safety purposes.
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