LIC’s Unit Linked Insurance Plans (ULIPs) mix life insurance protection with market-linked investments, helping you grow money while securing your family’s future. An LIC ULIP Plan Calculator makes it easy to see potential returns based on your inputs like age, premium, and term.

What is a LIC ULIP Plan?

A ULIP from LIC invests part of your premium in funds like equity or debt, with the rest going to life cover. Returns depend on market performance, but you get insurance too. This dual benefit suits people wanting savings and safety in one plan.

Unlike fixed-return plans, ULIPs offer flexibility to switch funds or withdraw partially after five years. LIC currently offers four main ULIPs: Plans 873, 749, 752, and 886. Each has unique features for different needs.

Why Use a LIC ULIP Plan Calculator?

This online tool lets you enter details like premium amount, policy term, your age, and expected return rate. It then shows maturity value, death benefits, and fund growth. It’s free on sites like liccalculator.info or Policybazaar, helping you compare before buying.

For example, input an Rs 50,000 yearly premium for 20 years at 8% return, and see if it meets your goal, like a child’s education. Always check official LIC tools for accuracy.

How to Use the Calculator Step by Step

Start by visiting LIC’s official site or a trusted calculator. Enter your age, gender, premium (min. Rs 30,000 yearly for most), policy term (10-25 years), and fund choice.

Pick return assumptions (4-8% conservative to aggressive). The tool calculates fund value minus charges. Adjust inputs to fit your budget; it’s trial-and-error for the best fit.

Key Features of All LIC ULIP Plans

All LIC ULIPs have a five-year lock-in, tax benefits under Sections 80C and 10(10D), and options like fund switching (up to 12 free per year). Partial withdrawals start after lock-in but reduce the sum assured temporarily.

Riders like the Linked Accidental Death Benefit add extra cover. Charges include premium allocation (drops over time), fund management (1-1.35%), mortality, and switching (free initially).

LIC Index Plus Plan 873

Launched around 2024, this non-participating ULIP tracks indices like Nifty for growth. Entry age: 90 days to 60 years; maturity up to 85 years. Minimum premium: Rs 30,000 yearly.

It offers high-risk funds for young investors. Death benefit: The higher of the sum assured (7-10x premium), 105% of total premiums, or the fund value. Maturity: Fund value plus mortality charge refund.

No specific withdrawal date yet; still active in 2026.

LIC Nivesh Plus Plan 749

This single-premium ULIP (min. Rs 1.25 lakh) suits lump-sum investors. Entry: 90 days to 70 years (Option 1) or 35 years (Option 2 for higher cover). Term: 10-25 years.

Guaranteed additions boost fund: 3% at year 6, up to 7% at year 25 (total 25% of premium). Funds: Bond, Secured, Balanced, Growth. Partial withdrawals after year 5, limited by fund value.

Active, no withdrawal announced.

LIC SIIP Plan 752

LIC’s Systematic Investment Insurance Plan 752 emphasizes regular investing with guaranteed additions as units. Offers life cover plus wealth growth via five funds: Bond to Growth.

Flexible partial withdrawals and tax-free returns under 10(10D). Switching protects during market dips. Mortality charges are refunded at maturity. Ideal for steady savers; details on entry age similar to others (check LIC site).

LIC Protection Plus Plan 886

Newest, launched December 3, 2025. Unit-linked with top-up options for extra cover. Entry: 18-65 years; maturity 75-90 years. Premium min. Rs 3,000; sum assured 5-40x premium.

Death benefits in a lump sum or installments (5-15 years). Partial withdrawals post-5 years; surrender moves to discontinued fund. Revival is is possible by paying dues.

Comparison Table of LIC ULIP Plans

Plan No.	Launch Date	Premium Type	Min Premium	Key Feature	Funds Available	GA/Additions
873	~2024	Regular/Single	Rs 30,000/yr	Index-linked, mortality refund	High-risk index funds	No GA
749	Earlier	Single only	Rs 1.25L	Guaranteed additions up to 25%	4 funds (Bond to Growth)	Yes, timed %
752	2025	Regular	Varies	Systematic investment, charge refund	5 funds	As units
886	Dec 3, 2025	Regular/Top-up	Rs 3,000	Installment payouts, high sum assured ​	Multiple	Top-ups

Common Policy Terms Across ULIPs

Lock-in and Surrender: Five years mandatory; early surrender to discontinued fund (pays after lock-in). Post-lock-in, full fund value.

Free Look: 30 days to cancel with refund minus charges.

Suicide Clause: Fund value if within 12 months, the policy ends.

Taxes: Premiums deductible u/s 80C (up to Rs 1.5L); maturity tax-free if premium <10% sum assured.

Revival: Within five years by paying arrears and interest.

Benefits and Risks

Benefits: Market growth potential, insurance, liquidity post-lock-in, and tax savings. Guaranteed elements in some, like 749 and 752.

Risks: Market-linked, so returns are not guaranteed. Charges eat into early returns. A long-term horizon is needed.

Use a calculator to simulate 4-8% returns realistically.​

Tips for Choosing the Right Plan

Match to goals: 873/752 for growth, 749 for single pay, and 886 for new protection. Young? Higher risk funds.

Consult LIC agent; use calculator for scenarios. Diversify; don’t invest all in one.

FAQs

Conclusion

LIC ULIP calculators simplify planning for these versatile plans like 873, 749, 752, and 886, blending protection and growth. Pick based on your risk and goals, use tools wisely, and start investing for a secure tomorrow.