LIC Jeevan Utsav (871) — Tailwind Calculator

LIC Jeevan Utsav (Plan 871)

Premium & Survival Benefit Calculator — illustrative estimates only

Illustrative • Offline • No external data
Results are illustrative. Use LIC/agent for official figures.
Illustrative rate table (annual premium per ₹1,000 Basic SA)
Age 18-30: ₹8.0 / 1,000
Age 31-40: ₹9.0 / 1,000
Age 41-50: ₹12.0 / 1,000
Age 51-60: ₹18.0 / 1,000
Age 61-70: ₹30.0 / 1,000
Age 71-75: ₹50.0 / 1,000
This calculator is illustrative and for guidance only. It does not replace official LIC documents or quotations.

LIC Jeevan Utsav Plan 871 Calculator – Guaranteed Income

Estimate premium, guaranteed annual income (10% of Basic Sum Assured), and Flexi accumulated corpus (5.5% p.a.) with this SEO-optimized guide and embedded calculator. Illustrative results — consult LIC or a licensed agent for exact figures.

Use the Calculator Read FAQs Last updated:

What Is LIC Jeevan Utsav (Plan 871)?

LIC Jeevan Utsav (Plan 871) is a non-linked, non-participating whole-life savings-cum-income plan designed to provide a guaranteed annual income for life. You pay premiums for a limited term (5–16 years) and receive a guaranteed survival benefit of 10% of the Basic Sum Assured every policy year. You can also choose to defer this annual income and allow it to accumulate at a guaranteed rate of 5.5% p.a..

This page includes an interactive calculator to estimate premiums and project guaranteed income and Flexi accumulation. All figures are illustrative.

How the Calculator Works

  1. Enter your age, Basic Sum Assured, and premium paying term (PPT).
  2. Choose premium frequency (annual or monthly) and whether you want an illustrative premium estimate or to enter a manual premium amount.
  3. Choose Regular (receive 10% each year) or Flexi (defer and accumulate at 5.5% p.a.).
  4. Click Use the Calculator to view estimated annual/monthly premium, total premiums paid, guaranteed annual income, and Flexi accumulation schedule.

LIC Jeevan Utsav 871 — Premium & Survival Benefit Calculator

Illustrative estimates only
Estimates are illustrative — consult LIC for exact premium.

Example Illustration

Age: 30 years   |   Basic SA: ₹10,00,000   |   PPT: 10 years

Guaranteed Annual Income = 10% of ₹10,00,000 = ₹1,00,000 every year for life.

If you defer this ₹1,00,000 for 10 years at 5.5% p.a., it grows to approx ₹1.71 lakh (illustrative).

Key Benefits of LIC Jeevan Utsav (871)

  • Guaranteed lifetime income – predictable and secure.
  • Short premium payment term (5–16 years).
  • Flexi accumulation lets you grow income at a guaranteed 5.5% p.a.
  • Tax advantages under Sections 80C and 10(10D) as applicable.

Frequently Asked Questions (FAQ)

Is LIC Jeevan Utsav good for guaranteed income?
Yes — it offers a guaranteed 10% of Basic Sum Assured yearly for life. Ideal for low-risk income needs like retirement planning.
Does the plan offer a lump-sum maturity?
No traditional lump-sum maturity is provided. Instead you receive lifelong annual survival benefits.
What is the Flexi accumulation interest rate?
Deferred annual income is accumulated at a guaranteed rate of 5.5% p.a. (as per plan terms).
What is the minimum Basic Sum Assured?
Minimum Basic SA is typically ₹5,00,000. Confirm with LIC for the latest minimums and eligibility rules.

Want an exact LIC quote?

This calculator provides illustrative estimates only. For an exact premium, rider options, or to buy a plan, request a free quote or speak with a licensed LIC agent.

Request a Free Quote Contact an Agent
Prepared by . This content is informational and not a substitute for professional advice. Always verify with LIC or a licensed agent.
Scroll to Top