LIC Premium, Cover & Planning Calculators
Simple, illustrative tools to help you think through your LIC planning before a detailed conversation.
Illustrative Planning Calculators
Simple Premium-to-Cover Estimator
This tool gives a very rough sense of how a monthly amount you can set aside might translate into a savings-oriented maturity estimate over time, using a simple compounding assumption you set yourself. It is not tied to any specific LIC plan and should be treated as a budgeting aid only.
Life Insurance Requirement Estimator
A simple starting point used by many advisors: add your outstanding loans and a multiple of your annual income (commonly 10-15 times, adjusted for your dependents and goals), then subtract existing cover and savings earmarked for this purpose.
Calculator FAQs
No, these are simple, generic illustration tools built for this website to help with rough planning. They are not LIC-issued benefit illustrations.
Yes — request a formal illustration for the specific plan, age and premium you're considering, and S. Kulkarni will share the figures based on that plan's actual terms.
Only approximately, through the income multiple you choose. For a goal-specific figure (e.g. a target education corpus by a certain year), it's best discussed directly so the numbers reflect your actual timeline.
Get an Accurate, Plan-Specific Illustration
These tools are a starting point — for real numbers tied to an actual LIC plan, request a personalised illustration.