PLI POLICY GUIDE

PLI Convertible Whole Life Assurance (Suvidha)

Whole-life cover with an option after five years to convert to an endowment policy maturing at a selected age.

Estimate premium, maturity and gainUse the annexure-backed calculator with your age and sum assured.

Calculate Suvidha →

Plan at a glance

Policy termFirst five years as whole life; conversion option thereafter

Entry age19 to 50 in the supplied PLI premium table

Sum assured basisPremium tables are quoted per ₹5,000 sum assured

Premium calculationInitial premium and post-conversion premium tables

Key policy features

Conversion option after five years
Maturity choices shown for ages 50, 55 and 58
Separate premium rates before and after conversion

Maturity and survival benefit

Depends on whether the conversion option is exercised. Actual eligibility, bonuses, underwriting and final benefits remain subject to the policy rules and the quotation issued by India Post.

PLI policyholder checklist

Use this practical PLI policy checklist after issue and revisit it whenever your contact or nomination details change. Ticking an item is only a personal reminder and does not update India Post records.

Store the original policy bond securely and keep it protected from loss or damage.
Tell a trusted family member or nominee where the policy bond is kept.
Review the policy schedule on the first page and confirm that the recorded details are correct.
Write down the policy number, premium amount and every premium due date in a reliable reminder system.
Save the telephone number and contact details of the post office that services the policy.
Keep the PLI customer support or information-centre details within easy reach.
Notify the post office promptly whenever the postal address, phone number or email address changes.
Pay each premium by its due date even when a premium notice has not arrived.
Confirm that a nominee is registered under the policy and keep the nomination details current.

Based on the customer checklist published by the Department of Posts. For current service instructions, refer to the official PLI or RPLI page.

How the premium estimate works

The calculator matches the selected age, maturity age or term against the supplied premium-table row. It scales the published rate to the chosen sum assured and applies the selected payment frequency, rebate and GST breakdown. If no matching table row is available, the result is explicitly labelled as an indicative estimate.