---

How to use PLI Anticipated Endowment Assurance PREMIUM & MATURITY Calculator

Our PLI Anticipated Endowment Assurance Calculator, also known as the PLI Money Back Policy Calculator, is specifically designed to calculate the premium, maturity values, money-back timings, and amounts for this plan.

Steps to Use the Calculator:

1. Visit our website plicalculator.com and select the Anticipated Endowment Assurance Calculator.
2. Enter the sum assured, date of birth, and choose the desired maturity age.
3. Click on the Calculate button to access detailed policy information.

Result Breakdown

After clicking the “Calculate” button, the results are displayed in three comprehensive tables:

Table Three: Periodical returns (money back) schedule, including money-back amounts and the respective dates.

Table One: Premium details, GST, and total premium amounts for all payment modes (monthly, quarterly, half-yearly, and yearly).

Table Two: Total maturity value, maturity date, total bonus, and total premium paid by you until the maturity date.

Features and Eligibility of PLI Sumangal Plan

The PLI Anticipated Endowment Assurance Plan, introduced on February 1, 1984, is ideal for individuals seeking periodic returns, short-term life coverage, and high bonus rates and this policy is specialy design for only two policy terms 15 and 20 years.

Key Features:

• Policy Term: 15 or 20 years.
• Eligibility Age:
  • For a 15-year policy: Minimum age 19 years, maximum age 45 years.
  • For a 20-year policy: Minimum age 19 years, maximum age 40 years.
• Sum Assured: Minimum ₹20,000; Maximum ₹50 lakh.
• Last Declared Bonus: ₹45 per ₹1,000 sum assured per year.
• Death Benefit: The full sum assured plus accrued bonus is paid to the assignee, nominee, or legal heir in case of the policyholder’s death.
• Periodical Returns (Money Back): Money back was paid in four parts 20%, 20%, 20%, 40% + Bonus
• Premium Payment Modes: Monthly, quarterly, half-yearly, and yearly.

Periodical Returns (Money Back) Breakdown

15 Years Policy	20 Years Policy
20% at the end of 6 years	20% at the end of 8 years
20% at the end of 9 years	20% at the end of 12 years
20% at the end of 12 years	20% at the end of 6 years
40% at the end of 15 years with accrued bonus	40% at the end of 20 years with accrued bonus

Eligibility:

PLI is available to specific groups of individuals, here is the list:

• Central Government employees
• Defence Services personnel
• Para-Military forces
• State Government employees
• Local Bodies staff
• Employees of government-aided educational institutions
• Reserve Bank of India staff
• Public Sector Undertakings staff
• Employees of financial institutions and nationalised banks
• Autonomous bodies
• Extra Departmental Agents (Department of Posts)
• Contract-based employees of the Central/State Government (with extendable contracts)
• Employees of all scheduled commercial banks

For the complete list of eligible individuals, refer to the official document here.