Plan 853 Actuarion Engine 2026

LIC Nav Jeevan (Plan 853) Premium & Returns Calculator

Model LIC's single-premium and limited premium paying savings plan. Calculate returns with guaranteed additions and loyalty additions.

Flexible Premium: Choose Single Premium or Limited Premium (PPT 10/12/15 Yrs)

High Rebates: Premium discount for larger Sum Assured choices

Loyalty Additions paid upon maturity or death claim

Loan facility available after 2 years (or 3 months for single pay)

Tax benefits under Sections 80C and 10(10D)

LIC Nav Jeevan Inputs

LIC Nav Jeevan (Plan 853) specialized calculator. Adjust your sliders to recalculate active returns.

1. Basic Sum Assured (₹)₹5,00,000

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

3. Policy Coverage Term (Years)12 Years

Premium Payment Frequency

Plan 853

Estimated Maturity Returns

₹7,77,000

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:₹1,873

Renewal Premium (Year 2+):₹1,832

Total Estimated Premiums Paid:₹22,025

Basic Sum Assured:₹5,00,000

Accumulated Endowment Bonuses:₹2,52,000

Estimated Net Maturity Benefit:₹7,77,000

Returns Performance35.28x Return

Guide to LIC Nav Jeevan Plan (Plan 853)

LIC's Nav Jeevan (Plan 853) is a non-linked, participating, individual life assurance savings plan. It provides a mix of protection and savings. Policyholders can choose to pay a single premium or a limited premium over a term of 10 to 15 years. The plan offers a guaranteed death benefit, plus wealth growth through Loyalty Additions paid at maturity.

Plan Eligibility & Key Actuarial Limits

Policy parameter	Details and limits
Minimum Entry Age	90 Days (PPT 10+ Yrs), 2 Years (PPT 12+ Yrs), 5 Years (Single Pay)
Maximum Entry Age	40 to 65 Years (based on PPT selection)
Minimum Sum Assured	₹1,00,000
Maximum Sum Assured	No Limit
Policy Term Range	10 to 18 Years
Premium Payment PPT	Single Premium or Limited PPT (5 Years)

Tax Benefits & Payout Options

Premiums qualify for Section 80C deductions. The maturity proceeds and death benefits are completely tax-exempt under Section 10(10D).

Frequently Asked Questions (FAQs)

Is LIC Nav Jeevan still open for new sales?

No, Plan 853 has been withdrawn, but existing policyholders use this calculator to estimate active values, loans, and surrender metrics.

What is paid on maturity under Nav Jeevan?

On surviving the policy term, the policyholder receives the Basic Sum Assured along with accumulated Loyalty Additions.

Can I take a loan on my Nav Jeevan policy?

Yes, loans are available. For single premium policies, loans can be taken after 3 months. For limited premium policies, loans are available after 2 years of active premium payments.

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Rajesh Kumar

Mumbai, Maharashtra

Term Insurance

2 weeks ago

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Priya Sharma

Delhi, NCR

Endowment Plan

1 month ago

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Amit Patel

Ahmedabad, Gujarat

Whole Life Plan

3 weeks ago

"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."

Sneha Reddy

Bangalore, Karnataka

Endowment Plan

1 week ago

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Pune, Maharashtra

Term Insurance

2 months ago

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Chennai, Tamil Nadu

ULIP

3 weeks ago

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Kolkata, West Bengal

Endowment Plan

1 month ago

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Hyderabad, Telangana

Whole Life Plan

2 weeks ago

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