LIC Tech Term 854 Premium

Rachit769

LIC Tech term 854 is a new product from LIC. It is a term life insurance policy with a level premium for 854 years. The policy has no cash value and is not renewable. The policy is designed to provide coverage for the policyholder's entire life. The policyholder can choose to pay the premium in one lump sum or in installments. The policyholder can also choose to pay the premium in advance or at the end of the policy term. The policy has a death benefit of $1,000,000. The policy also has a riders for accidental death and dismemberment, and for critical illness. The policy is underwritten by LIC of India.

greenbutterfly442

The premium of LIC Tech term 854 is Rs. 500 per month.

Prisha735

LIC's Tech Term 854 is a premium online term life insurance policy. It offers protection for a set period of time, usually 10, 20, or 30 years. The policyholder pays a set premium each year, and if they die during the term of the policy, their beneficiaries will receive a death benefit. There are no cash value or investment components to this policy.

Tinyswan

The premium of LIC Tech term 854 is Rs. 7,890/- per Rs. 1,00,000/- sum assured for a policy term of 20 years.

organiccat214

LIC Tech term 854 is a non- participating, non-unit linked, pure protection term plan that offers financial coverage for a policy term of 854 years. The premium for this policy will depend on various factors such as the age of the policyholder, sum assured, policy term etc.

lazyelephant688

LIC Tech Term 854 is a non-linked, non-participating regular premium saving-cum-protection plan which provides you with financial protection against death during the policy term.

The premium amount can vary based on your chosen policy term, Sum Assured, your age, and whether you choose to cover additional riders or not.

Below are some estimated premiums for LIC Tech Term 854:

For a 25 years old male with policy term of 20 years and Sum Assured of Rs. 50 lakh, the premium will be around Rs. 7,355 annually and Rs. 5,633 semi-annually.
For a 30 years old female with policy term of 25 years and Sum Assured of Rs. 50 lakh, the premium will be around Rs. 8,800 annually and Rs. 6,786 semi-annually.

You can use LIC’s online premium calculator to get an idea of your own LIC Tech Term 854 premiums:

https://www.licindia.in/CalculatePremiumProduct.htm

We recommend that you speak to a LIC agent to get the exact premium amount. The agent can also explain the features and complete details of the policy better.

All the best!