PLI Surrender Value Calculator

Policy Type

Sum Assured (₹)

Premiums Paid Upto

How many years the premium is paid

years months

Policy Term (years)

Policy age in years

Your Current Age

Enter Your Current Age

Premium Paid in a year (₹)

How to Use the PLI Surrender Value Calculator

The PLI surrender calculator is very easy to use. However, if you still find it difficult, follow these steps:

Select the policy type – You can find the policy type in your policy document or PLI passbook.
Enter the sum assured.
Enter the total premium paid – Provide the number of years and months for which you have paid the premium.
Enter the policy term – Specify the total duration of your PLI policy in years.
Enter your current age at the time of applying for surrender.
Enter the annual premium paid – Specify the amount you have paid as a premium per year.

After entering all the details correctly, click on the Calculate button. This calculator will provide the following details:

Total Premiums Paid
Paid-up Value
Bonus
Surrender Factor
Surrender Value
Profit and Loss Calculation – The profit or loss amount after subtracting the total premiums paid.

Surrendering a PLI or RPLI policy is not very complicated. You need to submit certain documents, including:

A detailed step-by-step process has been discussed in this article. You can follow it here: How to Surrender a PLI/RPLI Policy