LIC Jeevan Labh Premium Calculator
How To Use The LIC Jeevan Labh Calculator?
- 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.
- Fill in the required information in the input fields:
- Click Calculate:
- Press the “Calculate” button to initiate the calculation.
- Review Results:
- The calculator will compute the maturity benefit and total premium paid.
- Results will be displayed in both total and per annum formats.
- 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.
- Repeat as Needed:
- Modify input values and click “Calculate” to explore different scenarios.
- Note:
- Ensure all required fields are filled before clicking “Calculate.”
- This calculator provides simplified estimates and may not reflect actual policy details.