Endowment Assurance (Santosh) Insurance Plan - Postal Life Insurance (PLI) - Premium Calculator

Policy Types Endowment Assurance (Santosh) Whole Life Assurance (Suraksha) Convertible Whole Life Assurance (Suvidha) Select Policy Type Select Policy Type.

Insurant's Date of birth Age must be between 18 years to 55 years on next birthday.

Sum Insured Sum insured range ₹20,000 to ₹50,00,000.

35 40 45 50 55 58 60 Insurant's Age on Maturity Select maturity age.

15 20 Insurant's Age on Maturity Select maturity age.

Insurant's Spouse Date of birth Age must be between 18 years to 55 years on next birthday.

You should check in on some of those input fields above.

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Calculation results for PLI Endowment Assurance (Santosh) Plan

Insurant's Age on next Birthday :

Age on Maturity :

Sum Assured :

Policy Tenure:

Bonus Rate at present:

₹ 52/- per ₹ 1000 sum assured per year

Premium without GST

*as on today (i.e. )

First Year Premium (with GST)

Mode	Premium	GST @4.5%	Net Premium
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Yearly	Dooley

Renewal Premium (with GST)

Mode	Premium	GST @2.25%	Net Premium
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Yearly

Maturity Details

Policy Maturity Date :

Sum Assured :

Bonus :

Terminal Bonus :

0

Maturity Value :

Maturity Value Break-up

Total Installments to be paid

Mode	Total Installments	Last Installment
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Total Amount Paid (without GST/with GST)

Mode	Total Premium	Total GST	Total Amount
Monthly
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Facilities available in Endowment Assurance (Santosh) Insurance Plan:

• Under this insurance plan of Postal Life Insurance the proponent is given an assurance to the extent of the sum assured and accrued bonus till he/she attains the pre- determined age of maturity. And the pre- determined age of maturity for Endowment Assurance Insurance Policy is 35,40,45,50,55,58 & 60 years of age.
• In case of death of insurant, assignee, nominee or legal heir is paid full amount of sum assured with accrued bonus
• Minimum age at entry for Endowment Assurance Insurance Plan: 19 years Maximum age at entry for Endowment Assurance Insurance Plan: 55 years
• Minimum sum assured ₹ 20,000 and Maximum ₹ 50 lac in Endowment Assurance Insurance Plan
• Loan facility is also availale in Endowment Assurance Insurance Plan, the insuranct can take loan from the amount deposited after 3 years
• The insurant can also Surrender the Endowment Assurance Insurance Policy after 3 years
• but if the Endowment Assurance Insurance Policy is surrendered before completion of 5 years, the insurant will not be eligible for bonus if surrendered
• Proportionate bonus on reduced sum assured is paid if policy is surrendered after 5 years in endowment assurance insurance policy of Postal Life Insurance.
• Present bonus rate is ₹ 52/- per ₹ 1000 sum assured per year in endowment assurance insurance policy of Postal Life Insurance. The bonus rate may sometime treated as interest rate of Postal Life Insurance but the authentice term is bonus rate.