Plan 855 Actuarion Engine 2026

LIC Jeevan Amar (Plan 855) Premium Calculator

Model LIC's offline pure protection term plan. Get customized premium quotes with special discount rates for females and non-smokers, along with level and increasing sum assured choices.

Pure Term Cover: Maximum protection at minimal costs

Special Lower Rates for Female Lives

Non-Smoker Premium Discounts (subject to urine test)

Choice of Level Sum Assured or Increasing Sum Assured

Tax Deductions on Premiums paid u/s 80C

LIC Jeevan Amar Inputs

LIC Jeevan Amar (Plan 855) specialized calculator. Adjust your sliders to recalculate active returns.

1. Age at Entry (Years)30 Years Old

2. Basic Sum Assured (₹)₹50,00,000

3. Policy Coverage Term (Years)20 Years

4. Smoking Habit

5. Gender

6. Payment Frequency

Plan 855

Estimated Maturity Returns

₹0

Estimated returns payout at policy maturity

Actuarial Projections

Sovereign-backed security of sum assured and returns u/s 10(10D).
Eligible for annual premium tax exemptions under Section 80C.
Loan and policy surrender values accumulate continuously.

First Year Installment (with GST):₹27,170

Renewal Installment (with GST):₹26,585

Total Estimated Premiums Paid:₹5,32,285

Basic Life Cover (Death Benefit):₹50,00,000

Maturity Returns (Survival Benefit):No maturity returns (Pure Term Cover)

Returns Performance0.00x Return

Guide to LIC Jeevan Amar Term Plan (Plan 855)

LIC's Jeevan Amar (Plan 855) is a non-linked, non-participating, individual pure risk premium term assurance plan. Designed to provide sound financial support to the policyholder's family in the event of an untimely demise, the plan offers flexibility in choosing policy term, premium payment term, and the nature of life cover (Level or Increasing Sum Assured). It represents a high-value offline option for individuals looking to secure substantial death benefits.

Plan Eligibility & Key Actuarial Limits

Policy parameter	Details and limits
Minimum Entry Age	18 Years (Completed)
Maximum Entry Age	65 Years (Near Birthday)
Maximum Maturity Age	80 Years
Minimum Sum Assured	₹25,00,000
Maximum Sum Assured	No Limit (subject to underwriting)
Policy Term	10 to 40 Years

Tax Benefits & Payout Options

Premiums paid towards LIC Jeevan Amar are fully eligible for income tax deductions under Section 80C of the Income Tax Act up to ₹1.5 Lakhs per year. The death benefit payout received by the nominees is completely tax-exempt under Section 10(10D).

Frequently Asked Questions (FAQs)

What is the difference between Level and Increasing Sum Assured in Jeevan Amar?

Under Level Sum Assured, the death benefit remains constant throughout the policy term. Under Increasing Sum Assured, the basic cover remains constant until the 5th policy year, and then increases by 10% of basic Sum Assured annually from the 6th to the 15th year, peaking at 200% of the initial sum assured.

Is a medical exam required for LIC Jeevan Amar?

Yes, medical check-ups are generally required, and a urine test is mandatory to qualify for the preferred non-smoker premium rates.

What are the premium payment modes available?

You can pay premiums through Yearly or Half-yearly modes. Single premium and limited premium payment terms are also available.

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