RPLI Bal Jeevan Bima Calculator

Selected Policy

Parent Details

Parent's Age (Max 45 Years)

Child Details

Child's Date Of Birth

Sum Assured (Max ₹3 Lac) *Should not exceed Parent's Sum Assured.

Maturity Age (Child's Age)

Premium Payment Mode

RPLI Bal Jeevan Calculation Successful
Child Policy Estimate

Payment Frequency	-
Installment Premium	-

Accrued Bonus (Rate: ₹52/1000)	-
Total Maturity Benefit	-
Premium Waiver: In case of parent's unfortunate death, no further premiums are required. Full Sum Assured + Bonus is paid at maturity.

Frequency	Installment	Maturity Value	Net Profit
Monthly	-	-	-
Quarterly	-	-	-
Half-Yearly	-	-	-
Yearly	-	-	-

● Total Invested -

● Net Gain -

Total Maturity -

Bal Jeevan Bima is a life insurance policy for the children of policyholders. It ensures financial security for the child's future needs.

Eligibility (Child): 5 to 20 years.
Eligibility (Parent): Should not be over 45 years.
Sum Assured: Max ₹3 Lac or Parent's Sum Assured (whichever is less).
Premium Waiver: No premium to be paid on the death of policy holder (parent). Full sum assured and bonus accrued shall be paid on completion of term.
Bonus: Rate applicable for Endowment policy (Santosh) i.e. ₹52 per ₹1000 sum assured.

RPLI Bal Jeevan Bima (Children Policy) Calculator