LIC Premium Calculator
Bima Diamond (Table-841)

Following premiums are sample and calculated as per parameters given in first table. Please use above calculator to calculate premiums and benefits as per your AGE, TERM and SUM ASSURED (SA).

LIC Bima Diamond Plan (841) Sample Calculation
Sum Assured500000Age22
Policy Term24Premium Paying Term (PPT)15
Accidental Death & Disability Benefit (AD & DB) RiderNo
First Year Premium
ModePremiumGST ( @4.5 % )Total Premium
Yearly28023126129284
Half Yearly1416263714799
Quarterly71563227478
Monthly23851072492
Second Year Onward Premium
ModePremiumGST ( @2.25 % )Total Premium
Yearly2802363128654
Half Yearly1416231914481
Quarterly71561617317
Monthly2385542439
Benefits Details
Total Premium Paid (Approx)439260
Minimum Risk Cover500000
Money Backs & Maturity Details
At the End of 4th Policy Year 60000 Money Back: 1 (12% of SA)
At the End of 8th Policy Year 60000 Money Back: 2 (12% of SA)
At the End of 12th Policy Year 60000 Money Back: 3 (12% of SA)
At the End of 16th Policy Year 60000 Money Back: 4 (12% of SA)
At the End of 20th Policy Year 60000 Money Back: 5 (12% of SA)
At the End of 24th Year 200000 + LA Maturity (40% of SA + Loyalty Addition)