Whole Life Assurance (Suraksha) 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.

55 58 60 Insurant's Age on premium cease Select premium ceasing 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 Whole Life Assurance (Suraksha) Insurance Plan

Insurant's Age on next Birthday :

Age on Maturity :

Premium Ceasing Age :

Premium Ceasing year :

Sum Assured :

Policy Tenure:

Bonus Rate at present:

₹ 76/- 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
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Facilities available under Whole Life Assurance (Suraksha) Insurance Plan of Postal Life Insurance

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• This is a scheme where the assured amount with accrued bonus is payable to the insured either on attaining the age of 80 years, or to his/her legal representatives or assignees on death of the insured, whichever occurs earlier, provided the policy is in force on the date of claim.
• Minimum age at entry for Whole Life Assurance (Suraksha) Insurance Plan : 19 years
• Maximum age at entry for Whole Life Assurance (Suraksha) Insurance Plan: 55 years
• Minimum Sum Assured for Whole Life Assurance (Suraksha) Insurance Plan is ₹ 20,000
• Maximum Sum Assured for for Whole Life Assurance (Suraksha) Insurance Plan is ₹ 50 lac
• Loan facility is also available in for Whole Life Assurance (Suraksha) Insurance Plan after 4 years
• Whole Life Assurance (Suraksha) Insurance Plan Policy may also be Surrendered after 3 years but insurant is not Not eligible for bonus if surrendered before 5 years.
• Whole Life Assurance (Suraksha) Insurance Policy can be converted into Endowment Assurance Policy upto 59 years of age of the insurant provided the date of conversion does not fall within one year of the date of cessation of premium payment or date of maturity.
• In Whole Life Assurance (Suraksha) Insurance Plan Premium paying age can be opted for as 55,58 or 60 years.
• In Whole Life Assurance (Suraksha) Insurance Plan Proportionate bonus on reduced sum assured is paid if policy is surrendered
• Present Bonus- ₹ 76/- per ₹ 1000 sum assured per year for In Whole Life Assurance (Suraksha) Insurance Policies