Premium calculator for Jeevan Labh (Table No: 836) provides premium details (Yearly, Half Yearly, Quarterly & Monthly) with accidental benefit rider including service tax. Please Provide following details and click on calculate premium.
Wrote : 16-02-2017 23:24:15
Why there is some difference in Premium in Official LIC website and here for LIC Jeevan Labh after Service Tax addition
Replied : 17-02-2017 00:27:03
Above premium calculator provides premium including Accidental and Disability rider, that is why difference is coming. Once you uncheck this rider from above form, the result will be same. Following screen-shot from LIC official website is given for reference.
Wrote : 02-12-2016 21:47:14
Iam in gov electricity company employee and i have lot of risk in my job please suggest lic plan for me and my 3yr old doughter...
Replied : 02-12-2016 22:00:19
I would suggest 2 plans for you, Jeevan Lakshay 833, which will secure your family financial need by means of yearly income in case of your absence and second suggested plan is term plan which will provide high risk cover in low premium.
Wrote : 11-10-2016 23:57:41
Hello sir, i have 2 questions. i have taken Jeevan labh plan with S.A 6 lakh (25yr) with Half yearly pmnt. I have paid 14252 as 1st premium however in 1st Premium receipt 1st premium is written as 13736 and Annual Acc. Premium as 780....sir it doesn't add up to what i paid....Sir Is there something wrong??? And my second que. is during Lic online registration it asks installment premium(without tax)....however in Insurance Certificate there are 2 amounts (i)...Installment premium for base policy= 13346 and (ii) Total Installment premium=13736......sir which amount should i use during online registration?? Also sir which amount should i mention for income tax rebate. Thank you!
Replied : 12-10-2016 00:08:02
As per my interpretation:
(1) Base premium (without accidental benefit)-13346
(2) Accidental premium -390
(3) Premium with accidental benefit (1+2)-13736
(4) service tax @3.75 percent on (3)- 516
(5) Total (3+4)- 14252
So, you need to enter 13736. please check and do reply.
For IT declaration, premium without service tax is to be given, it is 13736 in your case.
Wrote : 09-10-2016 15:06:36
I am 26yr old and my husband is 39 n my girl is 6mnth ,pls suggest me which 3 plan best of my family Regards,
Wrote : 28-02-2017 11:56:50
I would suggest jeevan labh;jeevan laksya and children money back plan.
Wrote : 25-09-2016 14:20:16
One lic agent told me if I give yearly 46000 ( for 25 yrs term )for 16 years .... lic will give me 27 lacs after 25 yrs....my age is 27 yrs now..... Can I calculate if he saying truth or false?
Replied : 25-09-2016 21:55:23
Use premium and maturity calculator of jeevan labh and know yourself.
Wrote : 09-08-2016 23:26:24
How to pay my premium online? All the time i want to enroll it says wrong data entered
Replied : 10-08-2016 10:37:19
Kindly Register with LIC and after login you can view all your details. for registration, you need to enter premium without service tax.
Wrote : 06-07-2016 19:14:35
I would like to know why the premium is different for the first year and from second year onwards is same.And when total all the premium for 10years is less than the sum assured.Also the total return is the whole amount we'll get or we have to pay charges or taxes?pls reply asap.
Replied : 08-07-2016 00:32:54
The premium difference is due to difference in tax rate for 1st year and 2nd year onwards..
Wrote : 01-05-2016 19:56:59
Dear Ravi, Got ur answer but my agent told me that there is a option for one time premium in jeevan labh policy. If there is no option please let me know which policy is better for me after paying 1 lac one time premium!
Replied : 01-05-2016 22:29:54
I dont think so, in case there is some thing like that, do share me along with premium paymemt receipt.
Wrote : 09-03-2016 18:39:58
Hi, A 10 Lac policy for 16 years, the premium calculated is showing as 86,500 approx. Now, it is mentioned that there will be a 2% rebate if i pay yearly premium. So, will i get 2% rebate extra or the premium calculated is inclusive of the rebate
Replied : 09-03-2016 19:29:56
Calculated premium is inclusive of these rebates.
Wrote : 27-01-2016 11:02:10
i am 21 and if i take a policy for 15 lakhs and ppt for 10 years what will be the total return.
Replied : 27-01-2016 11:52:13
Maturity calculator for this plan is available on the site, please use it for approx maturity amount. click here to go to maturity calculator
Wrote : 26-01-2016 21:08:33
I am 59 and if i take a policy for15 lakhs what will be the maturity value of jervan labh policy
Replied : 26-01-2016 21:21:36
As per your detail, you can have 16 year term where premium paying term will be 10 years. Means you will pay premium for 10 years and after completion of 16 year you will get 26.5 Lakh approx for sum assured. The premium will be 148586 (yearly)for first year and 145983 for second year onward.
Wrote : 15-01-2016 10:38:47
AM I TO BE AN EMPLOYEE OF SOME CONCERN TO TAKE THIS POLICY? CAN I NOT PAY PREMIUM ONLINE (ANNUAL)? I AM A FARMER. I AM NOT EMPLOYED. PLEASE ADVISE
Replied : 15-01-2016 23:10:03
no, that is required in case of higher sum assured, being employee is not neccessary but you must show source of income.