Postal life insurance scheme pdf

Postal and rural life insurance plans eligibility and features. Postal life insurance is one of the earliest insurance schemes to have been launched in india. Postal life insurance pli was introduced on 1st february, 1884. Surrender suraksha, santosh, suvidha and yugal suraksha policies which have been in force at least 3 years can be surrendered for payment on reduced sum. Postal life insurance pli check plans and benefits online. The rural postal life insurance plan provides cover till the insured reaches the age of 80 years. Table showing the ages at which life insurance and endowment assurance policies can be purchased and the premium payable in each case, are appended to. This policy is offered by the government of india, to employees of central and state public sector enterprises, central and state governments. Rural postal life insurance plan whole life assurance gram suraksha this is a whole life assurance scheme from rural postal life insurance with the following benefits and features. Best postal life insurance pli for government employees. Over the years, pli has grown substantially from a few hundred. Postal life insurance scheme offers life insurance cover with high returns on premium.

Postal life insurance is the brain child of ministry of finance. Whole life assurance suraksha this is a scheme where the assured amount with accrued bonus is payable to the insured either on attaining the age of 80 years, or to hisher legal representatives or assignees on death of the insured, whichever occurs earlier, provided the policy is in force on the date of claim. It started as a welfare scheme for the benefit of postal employees and was later. All pli rpli customers are informed that they can now pay their premiums payable for march 2020, april 2020 and may 2020 without any penalty. Rural postal life insurance, an oldest scheme run by the department of. The maximum sum assured offered under this scheme is rs. The most striking feature of a pli scheme is that it fetches high.

Postal life insurance pli premium online payment kaise kare. Postal life insurance was introduced on 1st february, 1884. Post office pli scheme in hindi national insurance blog. It started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the telegraph department in 1888.

An endowment assurance for the protection of his her child as provided in table viii attached to these rules. Post office pli scheme in hindi postal life insurance in hindi. Postal life insurance owned by government of india offers different types of plans with. This scheme primarily focuses on providing life insurance coverage to the weaker sections of the society who always find it difficult to afford life insurance plans. However director general pakistan post is exclusively responsible for managing, organizing and controlling its operations and marketing its various products. Postal life insurance post office insurance fundpremiums in force from the 4th august 2003. Postal life is exempted from corporate and income tax. Under this plan policies are issued for the fixed terms of 12, 15, 18,21,24,27 and 30 years. Performance and effectiveness of rural postal life insurance ijrte.

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