Android App - Easy Premium Calculator for LIC Plans
Easy Premium Calculator for LIC Plans by Insurance21 is super easy to calculate premium and maturity and risk cover amount. Premium and benefits can be calculated with various riders like accidental and disability rider, term rider, premium waiver rider. The best part is, it does not require internet connection.
Download and Install from Google Play Store
Features of Easy Premium Calculator
Complete Premium
Calculator provides yearly, half-yearly, quarterly and monthly premium with prevailing Goods & services Tax (GST) as per choice of sum assured, age and term. Calculator has option to include riders with base plan for premium calculation.
Maturity and Risk Cover
The calculator shows expected maturity as per recent bonus rates. It shows separate Bonus and FAB, which makes more explanatory for users. Minimum and maximum risk cover during policy term in case of endowment plans is calculated and shown by the calculator. Risk covers includes benefits including riders like accidental and disability rider and term rider.
Option to modify Bonuses
Although, the calculator calculates maturity and death claim as per latest bonus rates, but it has option to modify the bonus as per user choice and calculate maturity and risk covers.
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