Postal Life Insurance
हैलो दोस्तों , आज हम इस लेख के माध्यम से डाक जीवन बीमा की बहतरीन स्कीम Endowment Policy ( सन्तोष पालिसी ) की अलग अलग आयु व अवधियों पर क्रमशः प्रीमियम व परिपक्वता धनराशि को बेहतर रूप से समझने के लिए चार्ट का अवलोकन करेंगे | उससे पहले आपको बताना चाहूँगा कि डाक जीवन बीमा…
No. 65-02/2023-LI Govt. of India Ministry of Communications Department of Posts Directorate of Postal Life Insurance Chanakyapuri PO Complex, New Delhi-110 021. Dated 22.09.2023 To All Heads of Circle Subject: Clarification / guidelines regarding deduction of TDS on payment of PLI/RPLI policies, as applicable, under section 194DA of IT Act 1961.reg. Kindly refer to this…
Suicide Cases: In the event of an insured person committing suicide any time after the date of acceptance of the policy (whether sane or insane at that time) and after having paid his first premium in full but not after expiry of two years from such date of acceptance or payment of first premium whichever…
Settlement of death claim cases of murder of the insured committed by the nominee(s) or any legal representative(s) If the policy holder is murdered by any of the legal representative/ nominee(s), the policy money shall not be paid to the murderer even if he/she is acquitted by the competent court of law by giving him/…
If an insured person resigns or retires or is dismissed from the service of Government, his policy holds good so long as the premium due are regularly paid by him on the first day of the month or within the period of grace at any Post office or make online payment of premium on the…
The following persons are eligible to the benefits of the Post Office Life Insurance fund provided their age is not less than 19 years and not more than 55 years on the next birth day on the date of proposal, except in case of Anticipated Endowment Assurance, Joint Life and Children policy for which the…
A Whole Life Assurance Policy with the added feature of an option to convert to Endowment Assurance Policy at the end of five years of taking policy. Assurance to the extent of sum assured with accrued bonus till attainment of maturity age. In case of death, assignee, nominee or legal heir paid full amount of…
Postal Life Insurance Endowment Assurance (Santosh) Under this scheme the proponent is given an assurance to the extent of the sum assured and accrued bonus till he/she attains the pre- determined age of maturity i.e 35,40,45,50,55,58 & 60 years of age. In case of death of insurant, assignee, nominee or legal heir is paid full…
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 his/her legal representatives or assignees on death of the insured, whichever occurs earlier, provided the policy is in force on the date of claim….
Postal Life Insurance Postal Life Insurance (PLI) was introduced on 1st February 1884. 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. In 1894, PLI extended insurance cover to female employees of the erstwhile P & T Department…
Joint Life Assurance (Yugal Suraksha) It is a Joint Life Endowment Assurance in which one of the spouses should be eligible for PLI policies. Life cover to both spouses to the extent of sum assured with accrued bonus with a single premium Minimum sum assured ₹ 20,000; Maximum ₹ 50 lac Minimum age &…
Anticipated Endowment Assurance (Sumangal) It is a Money Back Policy with maximum sum assured of ₹ 50 lacs, best suited to those who need periodical returns. Survival benefits are paid to the insurant…
Children Policy (Bal Jeevan Bima) The salient features of this scheme are as under: The scheme provides life insurance cover to children of policy holders Maximum two children of policy holder (parent) are eligible Children between 5- 20 years of age are eligible Maximum sum assured ₹ 3 lac or equal to…
Customer Guide to Postal Life Insurance Welcome to the PLI family. This guide has been designed for your comfort. A Postal life insurance policy enters you into a long term relationship with the Department of Posts. During this long period you will have number of interactions with PLI. A life insurance contract has…
