LIC Health Insurance Premium Calculator
Model your health premiums, Section 80D tax deductions, and compounding hospital cash or cancer coverage benefits under Plan 906 & Plan 905.
Estimated Gross Premium (Including 18% GST)
₹7,151/year
₹3,000
Lump sum HCB paid for each day of hospitalization.₹3,00,000
Up to 100x of daily HCB limit annually for major procedures.- Day Care Procedure Benefit: 5x Daily HCB (₹15,000) per procedure.
- Other Surgical Benefit: 2x HCB (₹6,000) per day for smaller surgeries.
- Medical Rehabilitation: Paid at 50% of the HCB for recovery post major surgeries.
- No Claim Benefit: Daily HCB increases by 5% compounding p.a. for every claim-free year (up to 150%).
Ultimate Guide to LIC Health Insurance & Premium Mechanics
Understand how LIC’s flagship health policies safeguard your family's future, how compounding benefits increase over time, and how you can maximize tax savings.
LIC Arogya Rakshak (Plan 906)
A non-linked, regular premium paying health protection plan. Rather than reimbursing hospital bill receipts like traditional mediclaim plans, Arogya Rakshak provides **fixed-benefit cash payouts** for medical contingencies, including:
- Daily Hospital Cash Benefit (HCB) of up to ₹10,000 per day.
- Major Surgical Benefit (MSB) up to 100 times HCB (up to ₹10 Lakhs).
- Fixed payouts for daycare procedures and other surgical treatments.
- Compounding No-Claim Benefit adding 5% to limits annually.
LIC Cancer Cover (Plan 905)
A regular premium-paying cancer-specific critical illness insurance policy designed to provide full financial support upon cancer diagnosis, offering:
- Lump sum payouts of 25% for Early Stage and 100% for Major Stage cancer.
- 3-Year premium waiver for Early Stage; lifetime waiver for Major Stage.
- Guaranteed Income Benefit: Payout of 1% of the Sum Assured every month for 10 years upon Major Stage detection.
- Option to increase the overall cover by 10% annually up to 150%.
Section 80D Tax Relief
Deduct up to ₹25,000 of health insurance premium for self and family, plus an additional ₹25,000/₹50,000 for dependent parents.
Actuarial-Grade Security
Our calculations are based on standard LIC regulatory rate cards and actuarial structures for Plan 906 and Plan 905.
Compounding Limits
Understand how your medical coverage increases p.a. to counter healthcare inflation through No-Claim or Option II modifiers.
Health & Cancer Insurance FAQs
Don't Just Take Our Word For It
See how our actuarial precision is helping thousands make smarter, faster insurance decisions every single day.
"Excellent calculator! It helped me understand the premium structure before meeting with an LIC agent. The estimates were quite close to the actual premium I was quoted. Very user-friendly interface."
"I used this calculator to compare different policy types. The breakdown helped me choose the right endowment plan for my family. Saved me a lot of time and confusion. Highly recommended!"
"Good tool for getting a quick estimate. The calculator is easy to use and provides clear results. However, I noticed the actual premium was slightly higher due to my medical history, which is expected."
"This calculator made my insurance planning so much easier! I could test different scenarios and find the best policy that fits my budget. The maturity amount calculation was particularly helpful."
"As a first-time insurance buyer, this tool was invaluable. It helped me understand how premiums work and what to expect. The FAQs section also answered many of my questions. Great resource!"
"Very helpful calculator! I appreciated being able to compare different policy types side by side. The interface is clean and professional. Would love to see more policy options added in the future."
"Used this calculator before purchasing my LIC policy. The premium estimate was accurate, and it helped me plan my finances better. The design is modern and the tool is very intuitive to use."
"Excellent tool! I calculated premiums for multiple scenarios and found the perfect policy for my needs. The maturity amount projection helped me plan for my retirement. Thank you for this resource!"
Average Rating
Premium Calculations
User Satisfaction
Explore More LIC Calculators
Find the perfect calculator for your insurance and investment needs
Kanyadan Policy
Most PopularPlan for your daughter's future and marriage expenses with death benefit protection
Jeevan Labh
EndowmentLimited premium payment endowment plan with guaranteed returns
Jeevan Utsav
Whole LifeWhole life plan with guaranteed additions and lifelong income
Whole Life Plan
Whole LifeCompare Plan 945 & Plan 871 side-by-side with lifetime survival returns
Jeevan Saral
FlexibleSimplified whole life assurance with flexible premium options
Surrender Value
UtilityCalculate GSV, SSV and total loss from surrendering your LIC policy
Term Plan
ProtectionPure life cover at lowest premiums — maximum protection per rupee
Pension Plan
RetirementPlan retirement with guaranteed pension and annuity income
Child Plan
ChildSecure your child's education and career milestones
SIP Calculator
InvestmentCalculate future value of monthly SIP investments with compounding
Single Premium
Lump-SumCalculate lump-sum premium rates, maturity bonuses, and loan limits for Plan 917