PLI Premium Calculator - Calculate Premium for Postal Life Insurance Policies

Premium Calculator

Select Policy

Choose your preferred PLI policy type

Age (Years)

Age should be between 18 and 60 years

Sum Assured (₹) Minimum sum assured is ₹10,000

Premium Paying Term (Years) Premium paying term should be between 5 and 45 years

Premium Payment Mode

Complete Calculation Results

Monthly Premium: ₹0

Quarterly Premium: ₹0

Half-Yearly Premium: ₹0

Yearly Premium: ₹0

First Year Premium Details

                                First Year Premium:
                                ₹0
                                Includes taxes and charges
                            

GST (4.5%): ₹0

Total Installments

Maturity Details

                                Sum Assured:
                                ₹0
                            

Expected Bonus: ₹0

                                Total Maturity Amount:
                                ₹0
                            

Total Amount Paid

Monthly Mode: ₹0

Quarterly Mode: ₹0

Half-Yearly Mode: ₹0

Yearly Mode: ₹0

Available Facilities

Loan Facility

Available after 3 years up to 90% of surrender value

Tax Benefits

Under Section 80C and 10(10D) of Income Tax Act

Surrender Value

Available after payment of premium for 3 years

Optional Riders

Accident, disability benefit riders available

Detailed Information: Whole Life Assurance (Suraksha)

The Whole Life Assurance (Suraksha) plan offers you lifelong protection. You’ll receive the assured amount along with any bonuses either when you turn 80 or to your legal representatives after you pass away whichever happens first.

Age Eligibility: 19-55 years

Sum Assured Range: ₹20,000 - ₹50,00,000

Premium Payment Age: Can opt for 55, 58, or 60 years

Current Bonus Rate: ₹76 per ₹1,000 sum assured per year

Additional Benefits

Loan Availability: Available after completing 4 years
Surrender Option: Policy may be surrendered after 3 years (not eligible for bonus if surrendered before 5 years)
Conversion Flexibility: Can be converted to Endowment Assurance up to age 59, provided conversion doesn't fall within one year of premium cessation or maturity
Bonus: Proportionate bonus on reduced sum assured is paid if policy is surrendered

Key Features of PLI Whole Life Assurance

Age range: 18-60 years

Premium paying term: 5-45 years

Coverage up to 100 years of age

Premium payment age: 55, 58, or 60 years

Current bonus rate: ₹76 per ₹1,000 sum assured

Death benefit: Sum assured plus bonus

Policy Details

Features & Benefits

Lifelong coverage up to 100 years
Higher bonus rates
Death benefit with bonus
Loan facility available
Tax benefits under Section 80C
Optional riders available

Eligibility

Age: 18-60 years
Minimum Sum Assured: ₹10,000
Premium Paying Term: 5-45 years
Premium Payment Modes: Monthly, Quarterly, Half-Yearly, Yearly

Documents Required

Age Proof
Identity Proof
Address Proof
Recent Photographs
Medical Reports (if required)