LIC Jeevan Labh Calculator (Plan 936)
Instant premium and maturity illustration for LIC's popular endowment plan. Check your potential returns now.
Benefit Illustration
Approx. Premium (Excl. GST)
Maturity Breakdown
Total Estimated Maturity
*Returns are illustrative based on current bonus rates. Actual results depend on LIC's future profits.
Plan 936 Features
- Limited Premium Payment
- High Maturity Benefit
- Tax Benefits (80C & 10D)
- Loan Facility Available
Related Finance Tools
The Ultimate LIC Jeevan Labh (Plan 936) Calculator
LIC's Jeevan Labh (Plan No. 936) is one of the most popular endowment plans in India, offering a unique combination of savings and protection. Our calculator provides a comprehensive benefit illustration to help you plan your investment.
How Bonuses are Calculated
The returns largely depend on bonuses declared by LIC:
- Vested Simple Reversionary Bonus: Declared annually per ₹1000 Sum Assured. Accumulated over the term.
- Final Additional Bonus (FAB): A one-time loyalty bonus paid at maturity for long-term policies.
Understanding Premium Terms
Jeevan Labh requires you to pay premiums for a shorter duration than the policy term:
| Policy Term | Premium Paying Term |
|---|---|
| 16 Years | 10 Years |
| 21 Years | 15 Years |
| 25 Years | 16 Years |
Who Should Consider LIC Jeevan Labh?
LIC Jeevan Labh is suitable for individuals seeking guaranteed life insurance coverage along with long-term savings. It is particularly popular among salaried employees, self-employed professionals, and parents planning future financial goals such as education or marriage expenses.
Because premiums are paid for a shorter duration than the policy term, many investors prefer it as a disciplined savings plan that also provides insurance protection.
Benefits of LIC Jeevan Labh Plan
LIC Jeevan Labh combines life insurance protection with long-term savings. The policy provides a lump-sum maturity benefit along with participation in LIC bonuses, making it suitable for individuals seeking disciplined wealth creation.
Policyholders also receive tax benefits under applicable provisions of the Income Tax Act and may avail policy loans after the policy acquires surrender value. These features make Jeevan Labh one of LIC's most popular limited-premium plans.
Frequently Asked Questions
Is LIC Jeevan Labh a guaranteed return plan?
No. The Sum Assured is guaranteed, but bonuses and Final Additional Bonus depend on LIC's future performance.
Can I take a loan against LIC Jeevan Labh?
Yes. LIC allows policy loans after the policy acquires a surrender value, subject to prevailing rules.
Are maturity proceeds taxable?
Maturity benefits are generally exempt under Section 10(10D) of the Income Tax Act, subject to applicable conditions.
What is the minimum Sum Assured in LIC Jeevan Labh?
The minimum Basic Sum Assured is ₹2,00,000, while there is generally no upper limit subject to underwriting rules.