Joint Life Assurance Calculator – Estimate Policy Returns for Couples

PLI Joint Life Assurance (Yugal Suraksha) Calculator

Dual life coverage with combined protection for couples

Postal Life Insurance
Joint Life Assurance (Yugal Suraksha) Calculator

Calculate premium and maturity benefits for joint life coverage designed specially for married couples.

Yugal Suraksha covers two lives in one policy – perfect for married couples ensuring financial security for the family with higher premium but dual protection.

👫 Special Features: Joint Life Coverage

Two Lives Covered: Both husband and wife insured under single policy
Higher Premium: 25% higher than regular endowment (covers 2 lives)
Death Benefit: Payable to survivor on first death
Maturity Benefit: If both survive, maturity paid to both
Age Restriction: Both lives must be between 21-45 years
Maximum Term: 5-20 years policy term
Bonus Accumulation: ₹52 per ₹1000 per year

💑 How Dual Life Coverage Works:

During Policy Term: If either person dies, nominee receives Sum Assured + Accumulated Bonus immediately. Policy terminates after first death.

At Maturity: If both survive till maturity, both receive Sum Assured + Full Bonus together.

Premium: Single premium covers both lives – more economical than two separate policies.

📌 Note: This is a joint life policy for married couples only. Both lives must meet age criteria (20-50 years). Premium is higher than individual policy but cheaper than two separate policies combined.

✓ CURRENTLY CALCULATING FOR:

PLI Joint Life Assurance (Yugal Suraksha)

👤 Person 1 (Husband)

Date of Birth

👤 Person 2 (Wife)

Date of Birth

Maturity Age (Older Person’s Age at Maturity)

50 years

26 years 65 years

Sum Assured (Combined for Both Lives)

₹2,00,000

₹50,000 ₹50,00,000

Premium Payment Frequency

Monthly

Quarterly

Half-Yearly

Yearly

👫 Joint Life Coverage Details

👤

Person 1 Age

–

👤

Person 2 Age

–

🎯

Policy Term

–

💰

Maturity Amount

₹0

Combined Age

–

Joint Premium

–

Total Investment

–

Maturity Benefit
–

Premium & Benefits Calculation Details

Policy Name PLI Joint Life Assurance (Yugal Suraksha)

Person 1 Age (on next birthday) –

Person 2 Age (on next birthday) –

Older Person’s Age –

Maturity Age –

Policy Term –

Sum Assured (Combined) –

Premium Frequency –

Premium per Payment –

Annual Premium –

Total Premium Paid –

Extra Premium vs Single Policy –

Bonus Rate ₹52 per ₹1,000 per year

Total Bonus Accumulated –

Maturity Amount (If Both Survive) –

Death Benefit (On First Death) Same as maturity

Financial Comparison

₹0

Total Premium Paid

₹0

Bonus Earned

₹0

Maturity Amount

Year-wise Premium & Bonus Accumulation

Year	Person 1 Age	Person 2 Age	Annual Premium	Premium Paid	Bonus	Total Value

Key Benefits of Yugal Suraksha

👫

Dual Life Coverage

Both husband and wife covered under single policy with combined protection

💰

Cost Effective

Cheaper than buying two separate policies – save on administrative costs

🛡️

Death Benefit

Sum assured + bonus payable immediately on first death of either life

🎯

Maturity Benefit

If both survive, full maturity amount paid to both lives together

📈

Guaranteed Bonus

Bonus accumulates at ₹52 per ₹1000 annually throughout policy term

💳

Loan Facility

Avail loan against policy after 3 years for emergency needs

⚠️ Important Disclaimer This calculator provides indicative premium and benefit values for PLI Joint Life Assurance (Yugal Suraksha). Actual values may vary based on:

Official premium tables published by Department of Posts
Annual bonus declarations by the government
Both lives’ health conditions and medical examination
Marriage certificate and relationship proof required
Policy-specific terms and conditions

Important: This policy covers two lives. Death benefit is payable on first death. Policy terminates after first death payment. Both lives must be between 20-50 years at entry. For accurate details, visit your nearest Head Post Office.