Policy Math: Insurance Premium Calculator for LIC

Policy Math is a free Android app for calculating the premium and maturity of LIC insurance policies. It provides a comprehensive set of features such as premium calculation, maturity calculation, bonus calculation, loyalty calculation, plan presentation, and graph representation. The app also offers a digital visiting card and explains income tax benefits in detail. Additionally, the app incorporates riders like Critical Illness Rider(CIR), Term rider, and AB & DB rider into the PDF reports. The app provides five different benefits and coverage table combinations in the PDF reports.

The app’s user interface is easy to navigate and user-friendly. Policy Math provides an all-in-one solution for calculating the premium and approximate maturity of different insurance policies. However, it should be noted that the premium and maturity shown in the app are indicative and may vary as per the rules of the insurance provider. Also, the app is not authorized by any of the insurance providers, including LIC. Therefore, it is recommended to read the policy document before concluding any sale.