Plan 827 Actuarion Engine 2026

LIC Jeevan Rakshak (Plan 827) Premium & Returns Calculator

Model LIC's low-budget, participating savings and protection plan. Designed for maximum accessibility with a maximum Sum Assured of ₹2 Lakhs.

Low Budget Payouts: Accessible premiums for regular savings

Loyalty Additions: Vests in the final years of a successful policy

Accident Benefit Rider options available

Easy Loan facility after 2 years of active premiums

Full Section 80C tax rebates and 10(10D) tax exemption

LIC Jeevan Rakshak Inputs

LIC Jeevan Rakshak (Plan 827) specialized calculator. Adjust your sliders to recalculate active returns.

1. Basic Sum Assured (₹)₹1,50,000

2. Age of Proposer/Insured (Years)30 Years Old

3. Policy Coverage Term (Years)15 Years

Premium Payment Frequency

Plan 827

Estimated Maturity Returns

₹2,52,000

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 Premium:₹460

Renewal Premium (Year 2+):₹450

Total Estimated Premiums Paid:₹6,760

Basic Sum Assured:₹1,50,000

Accumulated Endowment Bonuses:₹94,500

Estimated Net Maturity Benefit:₹2,52,000

Returns Performance37.28x Return

Guide to LIC Jeevan Rakshak Plan (Plan 827)

LIC's Jeevan Rakshak (Plan 827) is a participating, non-linked, traditional endowment savings plan. It is aimed at budget-conscious households or individuals seeking basic financial security at low premium outlays. The maximum sum assured under this plan across all policies is capped at ₹2,00,000, ensuring it functions as a micro-endowment shield.

Plan Eligibility & Key Actuarial Limits

Policy parameter	Details and limits
Minimum Entry Age	8 Years (Completed)
Maximum Entry Age	55 Years
Maximum Maturity Age	70 Years
Minimum Sum Assured	₹75,000
Maximum Sum Assured	₹2,00,000 (across all Jeevan Rakshak policies)
Policy Term	10 to 20 Years

Tax Benefits & Payout Options

Premiums are tax-deductible under Section 80C. Maturity and death benefits are completely tax-exempt under Section 10(10D).

Frequently Asked Questions (FAQs)

Does Jeevan Rakshak declare annual reversionary bonuses?

No, Jeevan Rakshak does not participate in annual reversionary bonuses. Instead, it qualifies for Loyalty Additions declared by LIC, which are paid at maturity or on death after 5 policy years.

What is the minimum policy term for Plan 827?

The minimum policy term is 10 years, and the maximum term is 20 years.

Can minors buy LIC Jeevan Rakshak?

Yes, minors aged 8 years and above can be insured under this plan.

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Mumbai, Maharashtra

Term Insurance

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Delhi, NCR

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Ahmedabad, Gujarat

Whole Life Plan

3 weeks ago

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Bangalore, Karnataka

Endowment Plan

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Kolkata, West Bengal

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Hyderabad, Telangana

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2 weeks ago

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