Your age on your next birth is a very crucial factor for Premium calculation for a new Postal Life Insurance policy, hence you need an Age Calculator on the Next Birthday, to determine your age on your next birthday.
In Postal Life Insurance your PLI policy premium is always calculated according to your age on your next birthday. In simple example on the day of age calculation if your birthdays and months over your age will be calculated from the next year onwards.
For example, your date of birth is 10.05.2002, and today’s date is 26.06.2024, hence your age of next birth will be calculated from next year i.e. 2025-2002= 23yrs. If you calculate your age on 10.04.2024, your age on the next birth will be calculated from the current year i.e. 2024-2002=22yrs.
This calculator will help you to calculate your age on your next birthday so that you can consider the Postal life insurance policy before the date or month over of your DOB for lesser premium benefit.