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LIC Yuva Term Plan Calculator

The LIC Yuva Term plan calculator is a simple online tool that is used to estimate the premium amount for LIC’s Yuva Term insurance plan. The policy buyer is required to add basic personal details like name, date of birth, gender along with some policy specific details like coverage amount, and policy term.

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15 lakh Families Secured
₹13,50,000 Crore of Life Cover Assured
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Thereafter, the LIC calculator instantly gives you a quote with estimated details of coverage. Such information can help the potential policy buyer to choose the right cover plan considering their financial needs and budget.

LIC’s Yuva Term plan calculator allows the customer to compare the difference in premium amounts using different premium modes. The variation in amounts can help the user to make an informed financial decision for their future. Let's learn more about using the LIC Yuva Term plan Calculator in detail.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

What is the LIC Yuva Term plan Calculator?

The LIC Yuva Term Plan Calculator is a user-friendly digital tool that helps people to choose better for their families as per their future requirements. The calculated estimates allow the policyholders and prospective customers to gain clarity on this LIC plan. It boosts comparison and customization as individuals can tailor the plan to their long-term goals. The LIC Yuva Term plan 875 Premium Calculator also saves time by providing real-time updates based on input changes, ensuring that users are always viewing the most accurate results.

The Yuva Term LIC plan calculator empowers policyholders to choose a term insurance plan that satisfies their family’s financial requirement in their absence by being well informed and transparent. The tool simplifies premium planning and helps users understand the cost of securing financial protection through the LIC Yuva Term 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

LIC Yuva Term plan Calculator: Quick Overview

Applicable Plan LIC Yuva Term plan (Plan 875)
Purpose Estimate premium based on basic personal and customized policy details
Inputs Required from the User Age, Gender, Basic Sum Assured, Sum Assured Option, Policy term, Premium Payment Term (PPT), and Smoking status
Outputs by the calculator Premium amount, Death benefit details, Rider premium (if selected)
Where to find it? Online (on LIC’s official website)

Life Insurer Details

How to Use the LIC Yuva Term Premium Calculator?

If you wish to know the estimated premiums for LIC Yuva Term plan then use the Premium calculator on LIC’s official website. Here’s a step-by-step guide:

Step 1: Go to LIC’s official website.

Step 2: Find “How Much Insurance You Need” Section by scrolling down and click on the “Premium Calculator” given below.

Step 3: You will be guided to an external website. Input the required details like age, name, DOB, gender, etc. Click on “Next” once you’re done.

Step 4: A pop-up with options appears on your screen. Choose “Quick Quotes”.

Step 5: Under the “Term” option, select “LIC’s Yuva Term (Plan-875) (Term)” and click on “Coverage”.

Step 6: Now, enter your plan details like base sum assured, policy term, premium payment type, type of sum assured on death. Once you have added all your requirements, then click “Quote”.

The LIC Yuva term plan 875 calculator will present all the available premium options considering your policy details and personal information. This realistic overview of your life insurance policy will let you assess the finances required to buy this policy. The Yuva Term plan LIC calculator works similarly to any other LIC Calculator. It can be adjusted as per the chosen plan.

Details Required by the LIC Yuva Term Calculator

The LIC Yuva Term plan premium calculator by LIC of India allows users to differentiate how premium payable works with different input details. With the LIC Yuva Term plan 875 Premium Calculator, users can get accurate estimates for their specific details. The LIC 875 Plan Calculator simplifies planning for the user as it projects clear information quickly.

Inputs Required for Calculation by the User

  • Age at the time of entry

  • Date of Birth

  • Gender

  • Smoking Status

  • Premium paying mode

  • Sum assured

  • Policy term

  • Optional riders

Results Provided by the Calculator

  • Annual premium payable

  • Death benefit payout

  • Rider premium details

  • Premium payable at different frequencies

Sample Premium Illustration Using LIC Yuva Term Premium Calculator

The sample illustrative premiums for LIC Yuva Term plan using a basic sum assured of Rs 50 Lakh for both Option I (Level Sum Assured) and Option II (Increasing Sum Assured) are shown below. Here are the plan details:

Option I (Level Sum Assured)

Age

Policy Term

Regular Annual Premium

Annual Premium for Limited Premium Paying Term of 15 Years

Annual Premium for Limited Premium Paying Term of 10 Years

Single Premium

20 20 4550 5250 6600 44350
30 20 5950 6850 8750 59550
40 20 11700 13600 17500 121900

Option II (Increasing Sum Assured)

Age

Policy Term

Regular Annual Premium

Annual Premium for Limited Premium Paying Term of 15 Years

Annual Premium for Limited Premium Paying Term of 10 Years

Single Premium

20 20 5850 6750 8550 58400
30 20 8250 9600 12250 84950
40 20 17850 20850 26850 188950

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 I and Option II to provide illustrations based on them.

Benefits of Using the LIC Yuva Term Plan Calculator:

LIC Yuva Term plan Calculator is extremely useful and some of its benefits are given below:

  • Instant Premium Estimation: Enter a few personal details like age, sum assured, and policy tenure in the LIC Yuva term plan 875 premium calculator and it instantly provides an estimated premium amount.

  • Flexibility: The user has the flexibility to choose their desired sum assured, policy term and even premium paying mode to find the best-fit premium option for their budget.

  • Evidence Based Decision: This LIC calculator offers transparent information of how the user’s personal factors affect the premium amount for the prospective buyers, to make informed decisions by showing how different parameters affect the premium.

  • Easy Comparison: Different coverage options and premium amounts can be compared by the user to choose the best fit.

  • Time Efficient: Using the LIC calculator, calculations can be done within minutes and require no branch walk-ins.

  • Cost-free: The LIC Yuva Term plan calculator is accessible on LIC’s official website without any hidden costs.

Is Using the LIC Yuva Term Plan Calculator Useful?

The LIC Yuva Term plan Calculator is an online free of cost tool to calculate premium estimates and understand the cost of life insurance protection. It allows the user to enter their basic personal data and customize the desired policy details to get clear premium estimations. The results help the user to make a well informed decision of high coverage at affordable rates. Buying the LIC Yuva Term plan is an excellent choice for young adults to secure their financial future.

FAQs

  • Q: What is the LIC Yuva Term plan 875?

    Ans: LIC Yuva Term plan 875 is a term assurance plan that offers risk protection to the policyholder during a policy term. The death benefit from the policy is paid to the nominee in case of the life assured’s death.
  • Q: What are the benefits of the LIC Yuva Term plan calculator?

    Ans: LIC Yuva Term plan calculator offers detailed calculations of the coverage and premium that can help the user to assess whether the policy fits their financial budget and fulfills their family’s financial requirement. The LIC calculator asks for basic details like name, gender, DOB, etc.
  • Q: How to calculate LIC Yuva Term insurance premium?

    Ans: Use the LIC premium calculator to get customized premium details. The calculator asks for details like age, gender, life cover amount, smoking status, and policy term. Enter your details to view premium options and compare the results to get the best coverage at affordable prices.
  • Q: Can I calculate LIC’s 50 Lakh Term policy using the calculator?

    Ans: Yes, you can calculate the premium for an LIC term plan with a sum assured of 50 lakhs. LIC’s 50 Lakh Term policy refers to the term insurance plan with a ₹50 lakh sum assured. It can also be the LIC Yuva Term plan as it provides financial protection to the nominee if the policyholder passes away in the specific policy term.
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˜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

+On the basis of your profile

+Rs. 410/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. 410/month (Rs.14/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 rounded off to nearest 10

+Rs. 245 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.

+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. 15/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. 504/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. 494/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. 636/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. 918/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. 1,286/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.

+Rs. 453/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.582/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. 786/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. 1,592/month 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.

+Rs. 525/month is the starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 68 years of age.

+Rs. 668/month is starting price for a 2 crore term life insurance for an 25 year-old male, non-smoker, with no pre-existing diseases, cover upto 45 years of age.

+Rs. 1,200/month is starting price for a 2 crore term life insurance for an 35 year-old male, non-smoker, with no pre-existing diseases, cover upto 55 years of age.

+Rs. 410/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.

+Rs. 577/month is starting price for a 1 crore term life insurance for an 18 year-old Male, self employed, 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. ₹361/month is the starting price for a ₹1 crore loan cover with an 8% interest rate for an 18-year-old male, non-smoker, with no pre-existing diseases, loan tenure up to 20 years, rounded off to the nearest 10

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.

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˜ 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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