LIC Jeevan Labh 936 Calculator
Himanshu Grewal
Founder • Calculator Tool Developer
Builds fast, accurate, and user-friendly online calculators for finance, education, and everyday use.
View full profile →Enter age, Sum Assured, policy term, and bonus rate to calculate LIC Jeevan Labh 936 premium, maturity value, yearly breakdown, and investment growth.
Policy Details
Automatically fixed based on Policy Term.
LIC bonuses are not guaranteed and fluctuate yearly. We use ₹47/1000 as a moderate historical estimate. Change this to see conservative or aggressive scenarios.
Calculation Results
1st Year Premium (excl. Tax)
| Yearly | ₹0 |
| Half-Yearly | ₹0 |
| Quarterly | ₹0 |
| Monthly | ₹0 |
2nd Year Onwards (excl. Tax)
| Yearly | ₹0 |
| Half-Yearly | ₹0 |
| Quarterly | ₹0 |
| Monthly | ₹0 |
Estimated Maturity Returns
Yearly Investment Breakdown
| Year | Age | Premium Paid | Yearly Est. Bonus | Total Est. Bonus | Min Death Benefit |
|---|
Growth of Investment Over Time
Important Note on Taxes & GST
Premiums shown above are estimated tabular premiums and exclude applicable GST. Statutory taxes imposed by the Govt. of India (currently 4.5% for the first year and 2.25% thereafter) will be collected separately over and above the calculated premium.
Table of Contents
- How LIC Jeevan Labh 936 Calculator Works
- How to Use LIC Jeevan Labh Calculator
- LIC Jeevan Labh Maturity Formula
- LIC Jeevan Labh Bonus Explained
- LIC Jeevan Labh Returns Example
- Features & Benefits
- Eligibility & Policy Terms
- Is LIC Jeevan Labh a Good Investment?
- Pros & Cons
- LIC Jeevan Labh vs FD vs PPF
- Frequently Asked Questions
Expert Verified: This LIC Jeevan Labh 936 Premium and Maturity Calculator is based on LIC brochure data, publicly available premium tables, historical bonus trends, and standard insurance estimation formulas used in India.
How LIC Jeevan Labh 936 Calculator Works
Our LIC Jeevan Labh 936 Premium and Maturity Calculator helps you estimate your premium amount, maturity value, bonus projection, and death benefit in just a few seconds.
Before buying any LIC policy, many people in India want to know how much premium they need to pay, what maturity amount they may receive, and whether the policy matches their long-term savings goals.
This online LIC calculator is designed for salaried employees, parents planning for their child’s future, conservative investors, and anyone looking for a combination of life insurance protection and stable long-term savings.
Premium Estimation
Estimate yearly, half-yearly, quarterly, and monthly LIC Jeevan Labh premiums instantly.
Maturity Projection
Calculate estimated maturity value including Sum Assured, bonus accumulation, and Final Additional Bonus.
How to Use LIC Jeevan Labh Calculator Online
Using this LIC maturity calculator is simple. Enter a few policy details and the calculator will automatically generate your premium estimate and expected maturity amount.
Enter Your Age: Select the policyholder age between 8 and 59 years based on LIC eligibility rules.
Select Policy Term: Choose 16 years, 21 years, or 25 years according to your financial goal.
Enter Sum Assured: Type the desired coverage amount such as ₹5 lakh or ₹10 lakh.
Estimated Bonus Rate: Adjust the bonus rate per ₹1000 SA to see conservative or aggressive maturity scenarios.
View Results: Instantly check premium amounts, maturity value, estimated bonus, and death benefit details.
LIC Jeevan Labh Maturity Formula Explained
Many users search for how LIC Jeevan Labh maturity is calculated manually. The maturity value depends on three major components.
Estimated Maturity Value = Basic Sum Assured + Accumulated Bonus + Final Additional Bonus (FAB)
Basic Sum Assured
The guaranteed amount selected at the time of policy purchase.
Simple Reversionary Bonus
Bonus declared by LIC every year depending on corporation performance.
Final Additional Bonus
Additional non-guaranteed amount payable at maturity under eligible conditions.
LIC Jeevan Labh Bonus Explained
One of the most searched questions in India is: “How does LIC Jeevan Labh bonus work?”
LIC Jeevan Labh is a participating endowment plan. This means the policy may receive bonuses declared by LIC depending on yearly profits and corporation performance.
| Bonus Type | Meaning |
|---|---|
|
Simple Reversionary Bonus |
Declared annually and added to policy benefits. |
|
Final Additional Bonus (FAB) |
Additional maturity bonus payable under eligible policy conditions. |
Important: LIC bonuses are not guaranteed. Actual bonus rates may increase or decrease in future years depending on LIC performance.
LIC Jeevan Labh Returns Example
Here is a simplified LIC Jeevan Labh maturity example for better understanding.
| Details | Example Value |
|---|---|
| Age | 30 Years |
| Policy Term | 21 Years |
| Basic Sum Assured | ₹10,00,000 |
| Estimated Bonus | ₹9–11 Lakh Approx. |
| Estimated Maturity Value | ₹19–22 Lakh Approx. |
*Actual maturity amount may vary depending on LIC declared bonus rates, policy duration, and future corporation performance.
Features & Benefits of LIC Jeevan Labh 936
Limited Premium Payment
Pay premiums for a shorter period while enjoying long-term policy benefits.
Life Insurance Protection
Provides financial protection to the family during the policy term.
Tax Benefits
Eligible for tax deductions under Section 80C and maturity benefits under Section 10(10D), subject to tax laws.
Loan Facility
Policyholders can avail loan benefits after policy acquires surrender value.
Eligibility & Policy Terms
LIC Jeevan Labh offers three policy term options with different premium payment durations.
| Policy Term | Premium Paying Term | Maximum Entry Age |
|---|---|---|
| 16 Years | 10 Years | 59 Years |
| 21 Years | 15 Years | 54 Years |
| 25 Years | 16 Years | 50 Years |
Is LIC Jeevan Labh a Good Investment?
LIC Jeevan Labh is generally considered suitable for people looking for stable long-term savings combined with life insurance protection.
It may be useful for parents planning for child education, individuals preparing for retirement goals, and conservative investors who prefer guaranteed insurance-backed savings instead of market-linked volatility.
However, returns are usually lower compared to high-risk market investments. This plan is more suitable for safety-focused financial planning rather than aggressive wealth creation.
Pros and Cons
Pros
- • Limited premium payment period
- • Life cover with maturity benefit
- • Tax-saving benefits available
- • Suitable for conservative investors
- • Bonus participation feature
Cons
- • Returns are not market-beating
- • Bonus rates are not guaranteed
- • Long lock-in structure
- • Lower liquidity compared to mutual funds
- • Surrender in early years may reduce returns
LIC Jeevan Labh vs FD vs PPF
Many Indian investors compare LIC Jeevan Labh with Fixed Deposits and PPF before investing.
| Feature | LIC Jeevan Labh | FD | PPF |
|---|---|---|---|
| Life Cover | Yes | No | No |
| Guaranteed Savings | Partial | Yes | Govt Backed |
| Tax Benefits | Yes | Limited | Yes |
| Liquidity | Low | Medium | Low |
Frequently Asked Questions
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