PLI POLICY GUIDE
PLI Children Policy (Bal Jeevan Bima)
Postal Life Insurance cover designed for children of eligible PLI policyholders, with maturity benefits subject to policy conditions.
Estimate premium, maturity and gainUse the annexure-backed calculator with your age and sum assured.
Calculate Bal Jeevan Bima →Plan at a glance
Policy termChild-specific term based on entry and maturity ages
Entry ageSubject to the children-policy eligibility rules
Sum assured basisSelected within the limits applicable to the children policy
Premium calculationChild age, maturity age and selected sum assured
Key policy features
- Dedicated PLI children policy
- Maturity-focused life cover
- Bonus projection shown separately
Maturity and survival benefit
Sum assured and eligible bonus according to policy conditions. Actual eligibility, bonuses, underwriting and final benefits remain subject to the policy rules and the quotation issued by India Post.
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.