LIC Jeevan Labh Plan 936
Maturity Calculator
LIC Jeevan Labh 936 Maturity Calculator is an online maturity calculator that provides both the yearly premium and the maturity value. Premium paying terms of 10,15 and 16 years are its special features.Choose your sum assured, age, and policy term as needed in the LIC Jeevan Labh maturity calculator.
LIC Jeevan Labh Plan Summery
LIC’s Jeevan Labh Plan - Eligibility
- Min. Entry Age:Â 18 years.
- Max. Entry Age:Â 50 years.
- Premium Paying Term:Â 16 (10) Years, 21 (15) Years, 25 (16) Years.
- Min. Basic Sum Assured:Â Rs. 2,00,000/-
- Max. Basic Sum Assured:Â No Limit.
- Maximum Age at Maturity:Â 75 years.
- Premium Payment Options:Â Yearly, Half-yearly, Quarterly & Monthly.
- Accidental Death & Disability Benefit Rider: Available on payment of extra premium.
LIC’s Jeevan Labh Plan - Benefits
- On Death: Sum Assured + Bonus + Final Additional Bonus (FAB) if any,
where sum assured on death:
     105% of Basic Sum Assured or 7 times of Annualized Premium, whichever is higher.
- On Survival: Sum Assured + Bonus + Final Additional Bonus (FAB) if any.
- Surrendered Value: The Policy can be surrendered after completion of minimum of two full years of premiums been paid.
- Loan: Loan Facility is available only after payment of premiums for at least two years.
- Income Tax Benefit: Premium paid under this plan is eligible for tax rebate under section 80c. and maturity benefits is free under Sec 10(10D).