Postal Life Insurance Premium Calculator

Calculate premiums for various Postal Life Insurance policies with bonus estimation for different payment frequencies

Policy Details

Select Policy Type

Whole Life

Coverage for entire life

Endowment

Savings with protection

Term Insurance

Pure risk coverage

Sum Assured (₹)

Policy Term (Years)

Your Age (Years)

Premium Payment Frequency

Monthly

Quarterly

Half-Yearly

Yearly

Bonus Rate (per ₹1000 sum assured)

Calculation Results

Your Premium Monthly

₹ 2,150

Monthly Premium

₹ 2,150

Quarterly Premium

₹ 6,450

Half-Yearly Premium

₹ 12,900

Yearly Premium

₹ 25,800

Estimated Bonus at Maturity

₹ 4,50,000

This is an estimated bonus calculated based on the bonus rate and sum assured over the policy term. Actual bonus may vary based on Postal Life Insurance declarations.

How Premium is Calculated

Premium calculation is based on:

• Policy Type: Different policy types have different premium rates
• Sum Assured: The insurance coverage amount
• Policy Term: Duration of the policy in years
• Age: Younger policyholders generally pay lower premiums
• Bonus: Calculated as (Sum Assured / 1000) × Bonus Rate × Policy Term

Note: This calculator provides estimates only. Actual premiums may vary based on specific Postal Life Insurance guidelines and your individual circumstances.

© 2023 Postal Life Insurance Premium Calculator. This tool is for estimation purposes only. For exact premium values, please contact your nearest post office.

Postal Life Insurance is a government-backed insurance scheme offered by India Post.