Nowadays everyone wants to secure their family’s future. Investing is one of the best ways to secure a family’s future financially. LIC brings you the best LIC tech term plan premium calculator with high security and coverage. It’s best to make a little investment monthly or annually for the family to get the benefits in your absence. It will help you to be stress-free knowing you have secured a lot for the future for your loving family. Investing also gives a peace of mind as you know your family won’t suffer financially in an unfortunate demise of yours.
Life Insurance Corporation (LIC) of India offers LIC Tech Term, a term life insurance with high life coverage for a low premium. This plan is a one-of-a-kind life insurance scheme from LIC because it can only be purchased online and has the option of an accidental rider benefit. People who don’t have much idea of the premium rate of LIC tech term premium plan details can use the LIC tech term plan premium calculator provided by LIC. It is useful to calculate the premium and related benefits according to their prerequisites.
The arrangement permits the policyholder to profit from getting payout benefits. In addition, you can take advantage of accidental benefits and save money on taxes.
Let’s look at the LIC tech term plan premium and its calculator in this article.
What is LIC Tech Term Plan Premium?
LIC tech term plan premium is a non-linked and non-participant policy plan. It is a risk-free plan that provides security to the policyholder’s family in case of an unfortunate demise during the policy tenure. It can be easily bought by an online process according to the requirements. Policyholders can also calculate the rate of policy by using the LIC term plan calculator.
What is the Eligibility Criteria for Buying LIC Tech Term Plan Premium?
Let’s look at the eligibility criteria for the LIC tech term plan premium
| Entry age | 18-65 years |
| Maturity age | 80 years |
| Policy term | 10-40 Years |
| Single Premium | NA |
| Limited premium | PT – 5 years- for (10-40 years)
PT – 10 years for (15-40 years) |
What is the LIC Tech Term Plan Premium Calculator?
The LIC tech term plan premium calculator is an online tool that lets customers figure out how much they will have to pay for the term policy they want. Clients are expected to enter essential data in the LIC tech term plan calculator and then they can get the accurate result. Allows you to adjust the amount of money that you want your family or loved ones to receive in the event of your death.
Why You Should Use the LIC Tech Term Plan Premium Calculator?
LIC tech term Plan is best for people who want to secure the family in the future and want to give them a better life in their absence. Before stepping into buying this best LIC tech term plan premium it is necessary to calculate the amount you need to invest and what rate of interest it will offer. This is an ideal way of planning before buying any policy plan. Thus, the best LIC tech term plan calculator comes in handy. This calculator will help you to know all the amount details so, that it can be easy for you to plan. The best LIC tech term plan premium is getting all the appreciation due to its reasonable premium rates.
The LIC tech term plan premium calculator is helpful to know the premium rates of the policy. This helps in financial planning and saves you from hectic manual calculations. So, one should surely use this best LIC tech term plan calculator before deciding to buy the policy.
What are the Advantages of Using the LIC Tech Term Plan Premium Calculator?
As we have discussed above LIC provides the easy and best LIC tech term plan calculator to its users. We will now look at the advantages of using the LIC tech term premium calculator below-
1. Online Process
Buying LIC tech term plan premium is an online process that you can avail of from anywhere. So, you can use the LIC tech term plan premium calculator from the official website of LIC which will help you to calculate the rates online. This will help you to decide what is suitable for you to pay.
2. Reliable
You can check various options of premium prices, terms, and payouts with the help of the best LIC tech term plan Calculator. So, it’s reliable to know all the information before deciding.
3. Easy to Use
This is easy to use as it is available on the LIC official website.
4. Accurate Result
Calculating the premium plans can be difficult and many times you can make mistakes while calculating manually. So using the best LIC tech term plan calculator is best as it will show accurate results.
5. Less Time
Being an Online process the calculator takes very little time to calculate.
6. User Friendly
The calculator is user-friendly and you can use it as many times as you want.
Also Read: LIC Tech Term Plan 854 Premium Calculator
How to use the LIC Tech Term Plan Premium Calculator?
LIC offers the best LIC tech term plan premium for people to secure their future and achieve their goals. Along with that, it also provides us with ease in our work. Let’s find out how to use this best LIC tech term plan calculator to calculate the amounts of policy.
1. Open the Official website of LIC
2. Click on LIC tech term plan premium on the homepage.
3. Then Click on the LIC tech term plan premium calculator.
4. Click on the tab and Buy and select tech term plans.
5. The LIC tech term plan calculator will open up on the new page of LIC.
6. Enter the required details manually in the space given like Name, DOB, Sex, Country code, Mobile, and Email id.
7. After entering all the details click on the Quick Quote option.
8. A new window will be redirected now and you can select the term plan according to your convenience and requirements.
9. Proceed with the premium calculation.
10. Now, you will get all the best LIC tech term plan premium details from which you can decide what suits you the best.
What Documents are required while using the LIC Tech Term Plan Premium Calculator?
LIC provides the best LIC tech term premium which is available on the official website. The tech term plan calculator needs certain details and documentation to calculate the rates and premium plans. Let’s look at the documents and details you will need while using the best LIC tech term plan calculator
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Documents Needed
- ID proof like PAN Card, Aadhaar Card, or Driving license.
- Proof of Date of Birth like school leaving certificate, 10th certificate, or birth certificate.
- Address Proof like utility bills that have your address.
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Details Needed
- Method of payment.
- Name and Gender.
- The age of the User can be between 18-65 years.
- Term of policy which can be between 10-40 years.
- Whether the User is a Smoker or Nonsmoker.
- If the User wants additional benefits.
- The desired Sum
- Types of sum-assured
Conclusion
If you are the one who wants to secure your family’s future and look after the best possible plan then this best LIC tech term plan premium is just for you. As you have read LIC offers you the best LIC tech term plan premium plan. You can now easily avail the benefits of it. Using the LIC tech term plan premium calculator will help you in financial planning before buying a plan. You can calculate all the premium plans and their rates and decide what works best for you.
LIC Tech Term Plan Premium Calculator – FAQs
What is the LIC tech term premium calculator?
Ans. The LIC tech term plan premium calculator is an online tool that lets customers figure out how much they will have to pay for the term policy they want.
What is the LIC Tech term plan’s minimum premium?
Ans. The minimum premium sum for the LIC Tech term plan is Rs. 3,000. As on account of all LIC strategies, discounts are accessible on the exceptional sum for installments made in yearly and half-yearly modes.
How Using the LIC tech term premium calculator is good?
Ans. Using the LIC premium calculator is very good and helpful. As it gives you accurate and quick results of plans and premiums for you to decide. You can use this best LIC tech term plan calculator from anywhere.
What document do I need while using the LIC tech term plan calculator?
Ans. You will need ID proof like a PAN Card, Aadhaar Card or Driving license, Proof of Date of Birth like a school leaving certificate, 10th passing certificate or birth certificate and address Proof like utility bills which have your address. These documents are needed to use the LIC tech term premium calculator.
Where can I Find the LIC tech term premium calculator?
Ans. You can find the LIC tech term premium calculator on the official website of LIC.
