LIC Jeevan Labh Calculator

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LIC Jeevan Labh Calculator

Table of Contents

LIC Jeevan Labh Premium Calculator

How To Use The LIC Jeevan Labh Calculator?

  1. Enter Policy Details:
    • Fill in the required information in the input fields:
      • Sum Assured: Enter the amount you want to assure.
      • Policy Term (years): Specify the term of the insurance policy in years.
      • Premium Payment Term (years): Input the number of years you plan to pay premiums.
  2. Click Calculate:
    • Press the “Calculate” button to initiate the calculation.
  3. Review Results:
    • The calculator will compute the maturity benefit and total premium paid.
    • Results will be displayed in both total and per annum formats.
  4. Interpret Results:
    • Maturity Benefit: The total amount expected to be received on maturity.
    • Total Premium Paid: The total amount you will pay in premiums.
    • Per Annum Values: Additionally, per annum values are provided for better understanding.
  5. Repeat as Needed:
    • Modify input values and click “Calculate” to explore different scenarios.
  6. Note:
    • Ensure all required fields are filled before clicking “Calculate.”
    • This calculator provides simplified estimates and may not reflect actual policy details.

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