LIC Jeevan Amar (Plan 855) – India's Best Term Plan?
LIC Jeevan Amar (Plan 855) is LIC's flagship pure term insurance plan. It offers maximum life cover at minimum premium — and with 0% GST since September 2025, it's now even more affordable.
Key Features
- Type: Pure term (no maturity benefit)
- Min Sum Assured: ₹25 Lakhs
- Entry Age: 18 to 65 years
- Max Term: 40 years
- Cover Options: Level SA or Increasing SA (10% every 5 years)
Premium Rates (2026)
| Age | SA ₹50L (30yr) | SA ₹1Cr (30yr) |
|---|---|---|
| 25 years | ₹4,700/yr | ₹9,400/yr |
| 30 years | ₹4,975/yr | ₹9,950/yr |
| 35 years | ₹6,450/yr | ₹12,900/yr |
| 40 years | ₹9,750/yr | ₹19,500/yr |
GST Saving
Before Sep 2025: 18% GST. On ₹9,950/yr premium (30yr, ₹1Cr): GST was ₹1,791/yr. Now ₹0 — saving ₹1,791/year!
Increasing Cover Option
Choose increasing cover if you expect your income and liabilities to grow. SA increases by 10% every 5 years. At 30 years with ₹1Cr base SA: By year 5 it becomes ₹1.1Cr, year 10 = ₹1.2Cr, etc. Premium increases proportionally.
Who Should Buy?
Anyone with dependents (spouse, children, parents) and an income to protect. At just ₹9,950/year, ₹1 Crore cover provides 10 years of income replacement for most families. This is the #1 recommended plan for young professionals.
Calculate your exact premium at our Jeevan Amar calculator.
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