Post Office Calculators 2025

Postal Life Insurance (PLI) Schemes & Calculators

Calculate premiums and benefits for PLI schemes. Select a specific calculator below to plan your insurance effectively for 2025.

Understanding Postal Life Insurance (PLI)

Postal Life Insurance (PLI), initiated on February 1, 1884, stands as one of India's oldest life insurance providers. Initially conceived for the welfare of Postal Department employees, its embrace has since extended to a broader spectrum of government and public sector personnel, as well as professionals. PLI is renowned for offering high bonus rates and the robust security that comes with a government-backed entity, making it a preferred choice for secure, long-term financial planning and life coverage.

Why Choose PLI?

Whether you are looking for pure protection, a savings-cum-insurance plan, or a flexible policy that adapts to your changing needs, PLI has a scheme to suit you. Our calculators for specific PLI plans like Santosh (Endowment), Suraksha (Whole Life), and Suvidha (Convertible Whole Life) help you estimate potential premiums and maturity benefits, empowering you to make informed decisions for your financial security.

Frequently Asked Questions: Postal Life Insurance (PLI)

PLI is available to employees of Central and State Governments, Defence & Para-military services, Public Sector Undertakings (PSUs), Universities, Government-aided educational institutions, Nationalized Banks, Local Bodies, Autonomous bodies, and professionals (like Doctors, Engineers, Lawyers, CAs, MBAs) and employees of companies listed with stock exchanges. Eligibility criteria may vary slightly between schemes.

PLI offers several types of policies, including:

  • Whole Life Assurance (Suraksha): Provides coverage for the whole life, with sum assured and bonus paid on death or attainment of 80 years.
  • Endowment Assurance (Santosh): Offers a lump sum at maturity or on earlier death.
  • Convertible Whole Life Assurance (Suvidha): Starts as a Whole Life plan and can be converted to an Endowment Assurance plan after a specified period.
  • Anticipated Endowment Assurance (Sumangal): A money-back policy with periodic survival benefits.
  • Joint Life Assurance (Yugal Suraksha): A joint life endowment plan for couples.
  • Children Policy (Bal Jeevan Bima): Provides insurance cover for children of PLI policyholders.

PLI bonus rates are declared annually by the Government of India based on the valuation of the PLI fund. These rates are typically expressed as an amount per ₹1000 Sum Assured per year and can vary for different types of policies.

Yes, loan facilities are available on most PLI policies (like Santosh, Suraksha, Suvidha) after they have been in force for a certain minimum period (usually 3 or 4 years) and have acquired a surrender value. The terms and conditions vary by scheme.

PLI premiums can be paid at any Post Office across India. Many Post Offices also offer online premium payment facilities through the India Post website or app, and some allow for salary deductions for government employees.