Calculators LIC plans Jan Suraksha Review
LIC's no-medical micro-insurance endowment for rural and EWS buyers — guaranteed savings up to ₹2 lakh with limited-pay premiums.
The GA each year equals 4%+ of cumulative premiums paid so far — not just last year's premium. In year 1, GA = 4.25% × annual-premium. By year 10, the same rate applies to 10 × annual-premium. After PPT ends, the annual GA stabilises at the year-PPT level and continues unchanged until maturity. This means term-20 policies accumulate far more total GAs than term-12 policies even when total premiums paid are similar.
Once you've paid 3 full years' premiums, an auto cover window kicks in if you stop paying. Pay 3–5 years and you get 6 months of auto cover; pay 5+ years and you get 2 full years. During this window, full death benefit (BSA + accrued GAs) is payable after deducting outstanding premiums with interest — a meaningful safety net for irregular-income buyers.
Jan Suraksha is for people who (a) cannot easily pass medical underwriting, (b) want a guaranteed outcome with zero market risk, or (c) can commit to ₹1,000–₹2,500/month for a modest life cover plus maturity payout. Agricultural workers already covered under PMJJBY get accidental-death cover there — Jan Suraksha adds natural-death cover and a lump-sum maturity payout, making it a genuine complement.
Our headline XIRR uses the middle premium-paying term (15 years against a 21-year policy term), excludes optional rider premiums from the cash-flow base, and assumes the latest declared simple reversionary bonus rate holds for the full term. Try other PPTs and bonus assumptions on the Jan Suraksha calculator.
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