Last Updated: July 1, 2026
Our Mission
At LIC-Calculator.com, our mission is simple: to help every Indian plan their LIC insurance investments with confidence. We believe that understanding your insurance policy shouldn't require a degree in finance. That's why we've built free, easy-to-use calculators that give you instant estimates for premium amounts, maturity values, expected returns, and surrender values — all in a matter of seconds.
Life Insurance Corporation of India (LIC) is the most trusted insurance provider in the country, with over 28 crore policies in force. Millions of Indians invest in LIC plans every year, yet finding clear, accurate information about premium rates, expected maturity amounts, and overall returns can be challenging. We created LIC-Calculator.com to bridge that gap.
What We Offer
LIC-Calculator.com provides comprehensive tools and information for LIC policyholders and prospective buyers across India:
🧮 Free Calculators
- Premium Calculator: Estimate your yearly, half-yearly, quarterly, or monthly premium for any LIC plan based on your age, sum assured (in ₹), and policy term.
- Maturity Calculator: Project your total maturity amount including sum assured, accrued Simple Reversionary Bonus, and Final Additional Bonus (FAB).
- Return Calculator: Understand the effective rate of return (IRR) on your LIC investment and compare it with other investment options like PPF, FD, or mutual funds.
- Surrender Value Calculator: Estimate the guaranteed and special surrender value if you're considering surrendering your policy before maturity.
📋 Plan Coverage
We cover 13+ popular LIC insurance plans, including:
- LIC New Endowment Plan (Plan 714)
- LIC New Jeevan Anand (Plan 715)
- LIC New Money Back – 20 Years (Plan 720)
- LIC New Money Back – 25 Years (Plan 721)
- LIC Jeevan Lakshya (Plan 733)
- LIC Jeevan Labh (Plan 736)
- LIC Jeevan Umang (Plan 745)
- And more plans being added regularly
📖 Educational Content
Each plan page includes detailed information about eligibility criteria, plan features, benefits, bonus rates, tax benefits under Section 80C and Section 10(10D), and frequently asked questions — all written in clear, simple language for the average Indian policyholder.
Why Trust LIC-Calculator.com?
✅ Updated Data
We regularly update our premium rate tables and bonus rate data to reflect the latest information publicly available from LIC. Our bonus rates are updated as soon as LIC announces new rates each year.
✅ Transparent Calculations
Our calculators use clearly defined formulas based on publicly available LIC premium rate tables. We don't hide anything — the methodology behind every calculation is transparent. All calculations happen right in your browser, and we never store your personal financial data on our servers.
✅ 100% Free to Use
All our calculators and content are completely free. No registration required, no hidden fees, no premium subscriptions. We sustain our operations through non-intrusive advertising.
✅ Mobile-Friendly
Our website is designed mobile-first, so you can calculate premiums and maturity values on the go — whether you're at home, at an LIC branch, or discussing insurance with your family.
✅ No Data Collection
Your calculator inputs (age, sum assured, policy term) are processed entirely in your browser. We do not store, transmit, or share your calculation data with anyone.
Important: Not Affiliated with LIC of India
LIC-Calculator.com is an independent website and is NOT affiliated with, endorsed by, or officially connected with the Life Insurance Corporation of India (LIC) in any way.
We are not an insurance company or agent. We do not sell or service LIC policies. The name "LIC" is used purely for informational purposes to identify the insurance plans our calculators cover. For official policy purchases, premium payments, claims, or grievances, please visit licindia.in.
Our Team
Haresh Hirapara
Insurance Expert & Advisor — 20+ Years Experience
Haresh Hirapara brings over two decades of hands-on experience in the life insurance industry. His deep understanding of LIC plan structures, premium calculations, bonus rates, and maturity projections ensures that every calculator and article on LIC-Calculator.com meets the highest standards of accuracy. All content on this site is reviewed and verified by Haresh before publication.
LIC-Calculator.com is built and maintained by a team of insurance professionals, web developers, and content writers from India — led by Haresh Hirapara's expert guidance. Our team combines deep insurance domain knowledge with technical expertise to create tools that truly help people make better-informed decisions.
We are policyholders ourselves and understand the challenges of navigating LIC's complex plan structures, premium tables, and bonus calculations. This first-hand experience drives everything we build.
Get in Touch
We'd love to hear from you! Whether you have a question, suggestion, feedback, or just want to say hello, feel free to reach out:
- Email: contact@lic-calculator.com
- Contact Page: lic-calculator.com/contact
Follow Us on Social Media
- Facebook: facebook.com/liccalculator
- Twitter (𝕏): twitter.com/liccalculator
- Instagram: instagram.com/liccalculator
- YouTube: youtube.com/@liccalculator
Thank you for trusting LIC-Calculator.com. We're here to help you plan better, invest smarter, and secure your family's future with LIC. 🇮🇳