LIC Cancer Cover Plan 905 Calculator
Non-Linked · Non-Participating · Individual · Health Insurance Plan
Plan Withdrawn — 1 January 2025: LIC Cancer Cover Plan 905 is no longer available for new policies. This calculator is for existing policyholders to verify their premium and understand their benefit entitlements. Premium rates shown are based on the previous version (UIN: 512N314V02) and are approximate. For exact premium details, refer to your LIC policy document.
Premium Calculator: This plan pays benefits only on cancer diagnosis — there is no maturity benefit, surrender value, or loan facility. The calculator estimates your annual premium based on age, term, sum insured, and option chosen.
Enter Policy Details
Age, Gender, Term, Sum Insured & Option
👤
Min 20 years, Max 65 years | Min maturity age: 50 | Max maturity age: 75
Age must be 20–65 years.
📅
Min 10 years, Max 30 years (maturity age must be 50–75).
Enter a valid term for your age (maturity age 50–75).
₹
Min ₹10,00,000 | Max ₹50,00,000 | Multiples of ₹1,00,000
BSI must be ₹10,00,000–₹50,00,000 in multiples of ₹1,00,000.
—
Estimated Premium Summary
Approximate annual premium based on age, term, BSI & option (including 18% GST)
Basic Sum Insured (at inception)
—
Tabular Annual Premium (before tax & adjustments)
—
Mode Loading / Online Rebate
—
18% GST on Premium
—
Annual Premium Payable (incl. GST)
—
Half-Yearly Instalment (incl. GST)
—
Total Premiums Payable over Policy Term
—
Waiting Period
180 days from policy issuance (no benefit during this period)
Key Metrics
At-a-glance view of your cancer cover
—
Annual Premium (incl. GST)
—
Total Premiums Over Term
—
Early Stage Benefit (Lump Sum)
—
Major Stage Lump Sum
—
Monthly Income Benefit (×120 months)
—
Maximum Total Claim (220% of BSI)
Cancer Benefits Breakdown
Benefits payable on cancer diagnosis (after 180-day waiting period)
Year-wise Applicable Sum Insured & Benefits
Benefits at different years during the policy term
| Policy Year | Age | Applicable Sum Insured (₹) | Early Stage Lump Sum (25%) (₹) | Major Stage Lump Sum (100%) (₹) | Monthly Income Benefit (1%/mo) (₹) |
|---|
Disclaimer: LIC Cancer Cover Plan 905 (UIN: 512N314V03) was withdrawn from 1st January 2025 and is no longer available for new policies. Existing policies continue to be in-force. The premium rates used in this calculator are based on the previous version brochure (UIN: 512N314V02) and may differ from the actual rates applicable to your Plan 905 policy. For your exact premium and benefits, refer to your LIC policy document or contact your nearest LIC branch. Benefits are payable only on diagnosis of specified Early Stage or Major Stage cancers after the 180-day waiting period and 7-day survival period. Pre-existing conditions are excluded. No maturity benefit, surrender value, or loan is available. Income Benefit of 1% of Applicable Sum Insured per month continues for 120 months from major stage claim, even beyond policy term or after death. Premium rates are guaranteed for the first 5 years from policy issue; future rates may be revised by LIC with 90 days notice. All premium amounts shown are inclusive of 18% GST. Total maximum claim = 220% of Applicable Sum Insured. LIC Cancer Cover Plan 905 — Plan No. 905 (UIN: 512N314V03).
Mohibul Islam
LIC Agent & Web DeveloperMohibul Islam is an LIC agent with 7+ years of experience. He also works in web development and blogging. He creates simple tools on LIC Plan Calculator to help people understand LIC plans, calculate benefits, and make better financial decisions easily. Read More About »