LIC New Jeevan Amar Calculator: Get 2026 Term Premium Quotes Fast

1. Introduction

You need strong protection for your family, and the LIC New Jeevan Amar calculator makes it simple to see term premiums and coverage options because this non-linked, non-participating plan provides a clear defense against risks without maturity payouts that raise costs. With 2026 economic changes in play, your income keeps supporting loved ones if something happens to you, so enter your information now because the tool pulls from LIC's latest tables to give precise results with GST plus adjustments for gender and smoking. You take a direct step to secure your future since it balances low costs and full protection.

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2. About the Plan - Key Details

Plan Overview: LIC's New Jeevan Amar, Plan No. 955 with UIN 512N350V02, offers individual pure term assurance because it launched in 2023 to address growing protection needs, and it emphasizes death benefits over savings while the non-participating setup avoids bonuses so premiums stay lower for you.

Eligibility Criteria: You enter at ages 18 to 65 based on your last birthday, and policy terms run 10 to 40 years with maturity up to 80 because premiums match the policy term or use limited pay and single options, while sum assured starts at 25 lakh with no maximum so you get accurate quotes through last birthday calculations.

2026 Updates and Adjustments: LIC's 2026 changes let the LIC New Jeevan Amar calculator handle level or increasing sum assured, which grows 5% each year, and women receive a 10% rebate while smokers add 25% loading because covers over 50 lakh earn discounts so high protection remains within reach.

Payout Options and Suitability: You choose payouts as a lump sum, 10-year installments, or 15-year income because flexibility fits different needs, and medical checks apply to large sums but simplify for younger people since breadwinners benefit most and the plan gives nominees monthly income to replace earnings without breaks.

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3. Key Features & Benefits

Core Death Benefit: Your death benefit equals 100% of sum assured or seven times annual premium, whichever is higher, and you select level for steady coverage or increasing for added growth because payouts come as lump sum for immediate use or income over 10 to 15 years so it replaces salary flow.

Tax Advantages and Riders: You claim 80C deductions on premiums up to 1.5 lakh and 10(10D) exemptions on proceeds under 2026 rules, plus add riders for critical illness or accidents to build extra layers because without survival benefits, it stays focused on protection and rebates cut costs for large covers like 20% off over 2 crore.

Family Protection and Affordability: This plan acts as a safety net for families because it starts at ₹574 per month for basics, so education and loans proceed smoothly, and women get special rates with online tools for easy handling since you rely on it for long-term security through the LIC New Jeevan Amar calculator.

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4. How to Use the Calculator

Your LIC New Jeevan Amar calculator shows the form on the left with clear fields and checks as you go, which helps beginners follow along because it guides you through each part.

Step 1: Enter Date of Birth

Start with Date of Birth at the top, and use the calendar popup to pick the exact date because it limits to ages 18 through 65 while computing last birthday age so if wrong, red messages appear below like Entry age over 65 select valid date and you correct it quickly.

Step 2: Define Coverage Basics

Add Sum Assured next from 25 lakh in 1 lakh steps, then set Policy Term at 10 to 40 years with 20 as default because it defines your coverage period and hints remind you of minimums to stay compliant.

Step 3: Personalize with Gender and Habits

Select Gender from the dropdown so female choice applies rebates, and mark Smoker Status because yes adds health adjustments which tailors rates to your situation for fair results in the LIC New Jeevan Amar calculator.

Step 4: Select Payment Style

Pick Premium Mode for regular yearly or half-yearly payments or single pay, and toggle death benefit to level or increasing based on your needs because half-yearly saves about 2% on total cost.

Step 5: Generate and Explore Results

Click Calculate, and the right side displays age, sum assured, term, premium with GST, plus benefit types because you compare options so use reset for tests like smoker changes. For example, a 35-year-old woman with 50 lakh over 20 years pays about ₹8,000 yearly.