SLI Premium Calculator — Kerala Government Employees

State Life Insurance (SLI) is a compulsory group life insurance scheme for Kerala State Government employees, administered by the State Insurance Department under the Finance Ministry. All Kerala government employees are required to subscribe to the SLI scheme as a condition of service. The premium is deducted automatically from the monthly salary, and the policy provides a life cover (sum assured) to the employee's family in the event of death during service.

As per GO(P) No.159/2021/Fin dated 30/11/2021, the monthly SLI premium is calculated as 1.5% of the total monthly emoluments (Basic Pay + Dearness Allowance + Grade Pay + Personal Pay + Stagnation Increment). The resulting amount is then rounded UP to the next multiple of ₹100. The minimum premium payable is ₹100 per month.

The sum assured is a fixed guaranteed amount assigned to your SLI policy at enrollment, based on your pay scale and policy category at the time of joining. It is determined by the State Insurance Department and is stated on your policy certificate. On the death of the employee during service, the sum assured is paid to the nominee. On superannuation (age 56 or 60 depending on service category), the sum assured plus all accumulated annual bonus is paid as the maturity benefit. To find your exact sum assured, check your policy certificate, the SPARK portal, or the VISWAS portal (stateinsurance.kerala.gov.in).

The revised SLI premium calculation as per GO(P) No.159/2021/Fin dated 30/11/2021 is effective from 01 February 2022 (salary of January 2022 onwards). The Government Order was issued to revise the existing premiums in line with the revised pay scales under the 11th Pay Revision Commission (Master Scale 2019).

No. As per the note in the GO, if the premium calculated at 1.5% of the current total pay is less than the premium already being deducted, the existing (higher) premium must be continued. The premium for SLI policies can only increase or remain the same — it cannot be reduced for existing policyholders.

According to GO(P) No.159/2021/Fin, the revised premium calculation is NOT applicable for employees who attain the age of 50 years from 01 January 2022 onwards. These employees continue to pay their existing premium as per the earlier schedule. New employees joining after age 50 may be subject to different rules — consult the State Insurance Department for clarity.

You should use the Dearness Allowance (DA) rate applicable to you at the time of premium revision. For 11th PRC employees, the DA rate is revised every six months. As of July 2025, the DA rate for 11th PRC employees is 35%. The calculator pre-fills the current rate, but you can change it to the rate shown on your pay slip if it differs.

On superannuation — at age 56 for most Kerala government employees, or at age 60 for certain categories such as teachers, doctors, and other notified posts — the SLI policy matures and the employee receives the Sum Assured plus accumulated bonuses. The maturity value depends on the sum assured, the number of years the policy was in force, and the annual bonus declared by the State Insurance Department. Contact the State Insurance Department or check the SPARK / VISWAS portal to get the exact maturity value of your policy.

Yes. Employees who wish to increase their coverage can take an additional SLI policy. Multiple SLI policies are permitted, and each policy has its own premium and sum assured. The additional premium for a new policy is deducted along with the existing premium from the monthly salary.

SLI policy details, premium payment history, and accumulated bonus can be checked on the SPARK portal (spark.gov.in) under the employee's salary details section, or directly on the State Insurance portal at sli.kerala.gov.in. You can also contact the State Insurance Department, Thiruvananthapuram for detailed account statements.