Official Disclaimer

Last Updated: November 02, 2026 • Independent Educational Disclosure

The information, mathematical models, premium estimates, and maturity illustrations provided on PolicyMaturity.in (the "website") are published solely for public education, financial literacy, and academic illustration. By accessing or using this website, you acknowledge and agree to the terms set forth below.

1. Independent Educational Portal — Not the Official LIC Website

PolicyMaturity.in is NOT the official website of the Life Insurance Corporation of India (LIC). This website is an independent educational and research platform developed and reviewed by Dinesh Pambra, an authorized insurance advisor (IRDAI Reg: IRDA/DB/LI/HP/190702/2019, Agency Code: 1190702) based in Kangra, Himachal Pradesh.

This website is neither owned, operated, endorsed by, nor directly affiliated with the Life Insurance Corporation of India (LIC). The official statutory website of LIC of India is located at licindia.in.

2. Strict Non-Commercial Policy — Zero Insurance Sales on This Website

PolicyMaturity.in does NOT sell, broker, solicit, or issue insurance policies. We do not accept insurance applications, do not process premium payments, and do not earn commercial brokerage fees from website visitors.

Important Notice: We do not conduct insurance transactions on this portal. If you wish to purchase any genuine Life Insurance Corporation of India policy, you must visit the official LIC portal at licindia.in or walk into an authorized Life Insurance Corporation of India branch office to complete official underwriting formalities.

3. Mathematical Projections & Actuarial Assumptions

All calculations on this portal—including first-year premiums, renewal premiums with 2.25% GST, simple reversionary bonuses, guaranteed additions, and final maturity projections—are mathematical estimates generated based on publicly available LIC rate circulars and IRDAI regulatory guidelines.

While every effort is made to maintain 100% precision with official tabular rates:

Variable Bonus Rates: In participating plans (e.g., Jeevan Labh, Jeevan Anand, New Endowment), future simple reversionary bonuses and Final Additional Bonuses (FAB) depend on annual surplus declarations made by LIC of India following actuarial valuations and cannot be guaranteed contractually in advance.
Age Nearer Birthday (ANB): Calculations apply standard LIC Age Nearer Birthday rules. Any discrepancy in your actual date of birth or policy commencement date may alter your final premium.
Underwriting & Medical Extra: Illustrations assume standard healthy lives. Final premiums quoted by LIC branches may include health or occupational extra ratings based on medical tests or lifestyle questionnaires.

4. No Financial, Tax, or Legal Advice

The information provided on this website does not constitute formal financial, investment, legal, or tax advice. While general tax provisions under Section 80C and Section 10(10D) of the Income Tax Act are explained for educational awareness, income tax laws are subject to amendments by the Government of India. You should consult a qualified Chartered Accountant or licensed financial professional before making financial commitments.

5. Intellectual Property & Trademark Attribution

All product names, plan numbers (e.g., Plan 936, Plan 915, Plan 760), trademarks, logos, and service marks related to Life Insurance Corporation of India belong exclusively to Life Insurance Corporation of India (LIC). Their reference on this website is made solely for identification, educational comparison, and descriptive research under fair dealing principles.

6. Limitation of Liability

PolicyMaturity.in and its author, Dinesh Pambra, shall not be held liable for any direct, indirect, incidental, or consequential loss resulting from reliance on the mathematical calculations, editorial content, or external links provided on this portal. Users are always encouraged to verify proposal illustrations with official LIC sales literature.