Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Postal Life Insurance Premium Calculator Explained

Published On Dec 11, 2021 11:00 AM By InsuranceDekho

Your postal life insurance (PLI) plans should include a PLI calculator. This PLI calculator will figure out how much you'll have to pay in premiums for your coverage. The PLI premium calculator also calculates the premium amount by factoring in the current GST rate. Customers will benefit from the post office PLI calculator because it assists them in selecting the finest post-life insurance plans based on their needs and requirements.

Before using the PLI calculator, make sure you have all of your information correct so you can get an accurate premium estimate for your insurance. Because this is a free online calculator, you should experiment with different amounts. This will assist you in determining the most cost-effective premium based on your budget. Furthermore, by comparing all of the policies available, you may find the one that best meets your needs and expectations.

However, keep in mind that the premium amount you'll get from the PLI calculator is only an estimate. This does not mean you must pay the exact amount; the final price may differ. The claim process is simple and quick because the postal life insurance system has centralised accounting.

How To Use A PLI Calculator?

Use the postal life insurance premium calculator by following the steps below:

Must Read: Which Are The Best Mutual Funds For Monthly Income?

  • Postal life insurance has a webpage. Then, on the right-hand side of the page, click on the 'Buy Policy' link.
  • Here, the subtleties must be entered accurately on a new page.
  • To authenticate, enter the captcha image and then click the 'Get Quote' link once the subtleties have been provided.
  • On the screen now will be the monthly postal life insurance premium.

Benefits of Using Post Office PLI Scheme Calculator

Customers benefit from the PLI calculator in a variety of ways, as listed below: -

  • A free online tool is the PLI policy calculator. This implies that anyone can utilise it without difficulty.
  • To enjoy and use the online PLI calculator, all you have to do is register on the website.
  • Everything is handled automatically by the PLI calculator. As a result, because no manual task is involved, there is a little risk of discrepancy.
  • You'll save a lot of time with the postal life insurance calculator.
  • Anyone, from anywhere in the globe, can use the PLI calculator. To obtain an estimated insurance premium cost for their coverage, the customer must enter all data accurately.
  • Because there is no manual calculation involved, using the PLI calculator saves time and reduces the likelihood of a discrepancy in the calculation.
  • From any location on the planet, anyone can use the PLI calculator. All they have to do is give accurate information and receive an estimate for the cost of postal life insurance.

Details Required To Use PLI Calculator

Yes, an individual would need the following information to use the PLI Calculator:

  • Contact Number
  • Pin Code
  • Policy Name
  • Gender
  • Sum Assured
  • Policy Cease Date
  • Monthly Income
  • Birth Date
  • Email Id

Conclusion

Use the postal life insurance premium calculator to make the best decision possible before deciding on a postal life insurance plan. Calculate the estimate using the PLI calculator, which is free and open to the public.

Also Read: Term Insurance For Senior Citizens? Understanding Its Need

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Popularly Opted Term Insurance Sum Assured

People Also Read

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 45 Lacs+ happy customers