LIC Amulya Jeevan-I

Type of policy: Term Insurance


Term insurance is a fantastic product that every single family needs to have, for its earning member(s). It is a pure life insurance policy that gives your family a cover in case of an eventuality to the bread winner.

Coming from LIC of India this policy, along with its lower sum assured variant Anmol Jeevan-I, enjoys huge popularity among the insured population of India. LIC has lived up to the expectation of its clients, almost always, with regards to claim settlement. This policy, earlier known as Amulya Jeevan, was revised and now goes by the name Amulya Jeevan-I (Plan 190).


We typically recommend an insurance cover of 4-10 times your annual income and for as long a term as is available for your age. Find out the ideal cover for you using this calculator.


Product features:



Minimum age at entry

18 years

Maximum age at entry

60 years

Maximum policy term

35 years or till age of 70, whichever is earlier

Minimum sum assured

Rs 25 lakh

Maximum sum assured

No limit


Returns: If the insured survives term, no benefits are paid. Insurance should be viewed as an expense rather than investment. Both work best when independent.



Below table shows indicative premiums for a non-smoking male. Premiums for females may be lower.

Your age


Indicative Annual Premium

(For cover of Rs.50 lakh )

25 years

25 years

Rs. 11,750

30 years

25 years

Rs. 14,600

40 years

20 years

Rs. 24,050

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