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:
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!