LIC Jeevan Labh (Table 936): Calculator & Benefits Guide 2026
The LIC Jeevan Labh (Plan 936) is one of the highest-selling, non-linked, participating endowment plans offered by the Life Insurance Corporation of India. It is highly sought after because of its limited premium paying term—meaning you pay premiums for fewer years but enjoy life cover and high returns for the full policy term.
Jeevan Labh Policy Term Options
Jeevan Labh is famous for its unique structure. You get to choose from three specific combinations of Policy Term (PT) and Premium Paying Term (PPT):
- 16 Year TermPay premiums for only 10 years.
- 21 Year TermPay premiums for only 15 years.
- 25 Year TermPay premiums for only 16 years (highest maturity returns).
Key Features & Maturity Benefits
As a participating policy, Jeevan Labh earns annual Simple Reversionary Bonuses and a Final Additional Bonus (FAB). Because of the long duration, the compounded bonuses make the maturity amount highly lucrative.
- Death Benefit: Pays Sum Assured on Death + Vested Bonuses to the nominee.
- Tax Savings: Up to ₹1.5 Lakh under Section 80C, and a completely tax-free maturity payout under Section 10(10D).
- Loan Facility: Available after just 2 years of premium payments.
Use Our Jeevan Labh Premium Calculator
Use our Jeevan Labh Calculator to instantly calculate your premiums based on your exact age and desired Sum Assured. It factors in the 2026 GST rates (4.5% first year, 2.25% subsequently) and gives you a year-by-year breakdown of your maturity returns.