Postal Life Insurance Anticipated Endowment Assurance (Sumangal) Calculator
Get wholesome insights into premium, maturity, term, taxes, bonus and returns of investment in PLI Sumangal policy.
Policy Conditions & Notes
No loan facility is availabile in this policy.
No surrender facility is availabile in this policy.
No policy conversion facility is availabile (from/to this policy).
Policy with 15 years term, survival benefits as 20% of sum assured will be paid on completion of 6 years, 9 years & 12 years of term.
Policy with 20 years term, survival benefits as 20% of sum assured will be paid on completion of 8 years, 12 years & 16 years of term.
On policy maturity at the end of 15/20 years term, remaining 40% of sum assured with total accrued bonus will be paid.
In case of the death of insurant, without taking any of the past survival benefits payments into account, full sum assured with accrued bonus will be paid to the assignee, nominee or legal heir.
Last declared bonus rate: ₹48 per ₹1000 sum assured per year.