All-in-One LIC Calculator Suite
Your one-stop tool for all LIC policy-related calculations in India.
Disclaimer
All calculations are illustrative and based on standard formulas. The results are not official and should be used for estimation purposes only. Please consult an official LIC agent for exact figures.
Human Life Value (HLV) Calculator
HLV helps you determine the amount of life insurance cover you need to protect your family’s future financially.
BMI (Body Mass Index) Calculator
Insurers use BMI as a key indicator of health. A healthy BMI can lead to lower insurance premiums.
Late Fee Calculator
Calculate the penalty for delayed LIC premium payments. This is an estimate based on a standard interest rate.
Frequently Asked Questions (FAQ)
How is LIC maturity amount calculated?
The maturity amount is typically the sum of the Basic Sum Assured, accrued Simple Reversionary Bonuses declared during the policy term, and a Final Additional Bonus (FAB), if any. Our calculator provides an estimate based on historical bonus rates.
Why is calculating Human Life Value (HLV) important?
HLV helps you understand the financial loss your family would face upon your untimely demise. It provides a data-backed estimate of the life insurance cover you need to ensure your family can maintain their standard of living and achieve future goals without financial hardship.
Are the premium calculations on this website accurate?
The calculations are estimates. The actual premium depends on various factors including your health status, lifestyle, and underwriting rules at LIC. This tool gives a close approximation for financial planning but for the exact amount, please refer to an official LIC quote.