LIC Child Plan Premium Calculator with Future Education
LIC child plan premium calculator is one of the best plans of LIC for child’s future. Eligibility criteria for LIC child plan premium calculator are different. You should do the entry from a minimum age of 0 years to the maximum age of 12 years. Maturity age is marked as 25 years. Policy term is maintained from the maturity age i.e. 25 years to the entry age of the child. According to the policy term, the sum assured is from a minimum amount of Rs 100000 to a maximum amount which has no limit. Annual premium amount gives you a minimum amount of Rs 24000 to a maximum amount which has no limit. Premium payment term includes from 10 years, 7 years or (term-5) years. Payment premium frequency is
yearly,
half-yearly,
quarterly and
monthly.
How to use LIC child plan premium calculator
LIC child plan premium calculator is very much easy to use. You should just fill the required information needed in the premium calculator. To buy this policy you should do the entry of age between 0 to 12 years. In this policy, maturity age is marked as 25 years. LIC child plan has turned out to be a beneficiary plan. This policy provides you with a secure child’s future.
Free online LIC child plan premium calculator
LIC child plan is a strong premium calculator which gives you a complete idea about the premium, maturity, annual premium amount, premium payment frequency, premium payment term etc. The best part about this
LIC child plan premium calculator is that it is now also available online. The only thing you should do is to visit the LIC India website and then search for the premium calculator and then fill the required information. The plus point about this is that you can calculate the premium online for free.
LIC child plan premium calculator excel format free download
LIC Premium Calculator is a tool, which tells you an approximate amount of the premiums related to the policy chosen by a person. The calculations of LIC premium calculator are a bit complicated and it cannot be done by potential customers. For this, we provide you with LIC premium calculator excel format free download. This calculator gives you a knowledge about the different plans of LIC. To see the result, you should fill up the required information. After this, the result will be presented to you in a nice tabular format on your screen.
LIC child plan premium calculator with service tax
Goods and Service Tax or GST are applicable on insurance premium. Maturity value of the LIC child plan is fully immune from income tax under section 10(10d) of Income Tax Act. Income tax benefit is also available for the premium paid under this policy under section 80C.
LIC child plan premium calculator software free download for android mobile & Laptop
LIC premium calculator is a software that can be downloaded free for android mobile phones. It does not occupy much space on the android phone. It is very much user-friendly. With the help of the premium calculator, you can calculate and compare the premium for various LIC policies. You can easily use this software. One can easily download it from google play store.