Rural postal life insurance pdf

The office of personnel management administers the federal employees group life insurance fegli program. Premium calculation of postal life insurance pli and. Mar 16, 2020 rural postal life insurance endowment assurance gram santosh monthly premium for rs. Witt expnasion, pli will now cover professionals also apart from government employees. Some general guidelines to help you calculate your needs are on page 5. Understanding your postal life insurance a must read for. Postal life insurance is a scheme where you are offered life insurance cover with higher returns on the premium. How good is postal life insurance compared to others. Policies for government employees include santhosh endowment assurance, suraksha whole life assurance, suvidha convertible whole life assurance, sumangal anticipated endowment policy and yugal suraksha joint life endowment assurance. Application for revival of postal rural postal life insurance policy please fill in the columns in capital letters 1. In the kurnool region, all maturity and death claims related to postal life insurance and rural postal life insurance have been settled and there are no more pending claims. Postal life insurance rural postal life insurance booklet. Introduction eligibility insurance plans in rpli postal life insurance. Postal life insurance was introduced on 1st february, 1884.

Rural postal life insurance details of my policy i want to get policy details and total amount of policy. The mailing address is office of federal employees group life insurance, p. Rural postal life insurance news latest news on rural. Postal life insurance is the first life insurance provider for women.

The objective of the programme is to provide, to the target group of rural families, a package of assistance comprising of. Postal life insurance pli foundation dates back to british raj. Claim form for payment of postal rural life insurance policy in case of death of insurant please fill in the columns in capital letters 1. Postal and rural life insurance insuring lives, ensuring future. Rural postal life insurance rpli, on the other hand, was. Postal and rural life insurance insuring lives, ensuring future postal life insurance eligibility employees of central and state government, defence services, govt aided.

Premium calculation of postal life insurance pli and rural. Claim form for maturity value of postal rural postal life insurance policy please fill in the columns in capital letters 1. Form for claiming payment of a post office insurance policy. The main aim of the rural postal life insurance is to extend. We use cookies to improve your experience on our site and to show you personalised advertising.

The directorate of postal life insurance has extended the. It started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the telegraph. The calculator provides complete yearly, half yearly, quarterly, and monthly premium as per sum assured, age and term. New delhi, jan 30 the postal department plans to spin off the postal life insurance and rural postal life insurance operations into a separate business unit sbu for which a cabinet. Postal life insurance pli policies were intended to provide affordable insurance coverage to the population of india. Earlier pli was available only for a very limited number of professional like employee of central government, state government,psu,nationalized banks. Page 1 of 6 department of posts proposal form for rural postal life insurance photograph all entries should be filled in capital letter. The most common issue we find with postal employees through our seminars is a lack of understanding of how their fegli federal employees group life insurance works. Claim form for maturity value of postal rural postal life insurance policy please fill in the columns in capital letters. Both details are mandatory for customer portal login if already not updated at the of purchasing of policy. Best postal life insurance pli for government employees. The main aim of the rural postal life insurance is to extend insurance coverage to the lowincome groups and provide them financial security so that they can tackle adversities. I want to know about the bonus amount of my policy. For official use only name of the development officer fo agent postal.

Postal life insurance owned by government of india offers different types of plans with. You can cancel your postal life insurance at any time. Oct, 2017 the union government has launched sampoorna bima gram sbg yojana and expanded coverage of postal life insurance pli in a bid to provide affordable life insurance services to people particularly those living in rural areas. Beneficiary forms must be mailed to the appropriate address as noted on the form. India post has also made an attempt by introducing the insurance scheme for the benefit of the people residing in rural area. Revised claim formsfegli recently revised the claim forms for fegli life insurance benefits. The amount of life insurance one needs varies by individual.

Many of us do not know that the post office offers life insurance policies for government semigovernment employees. Office of personnel management opm forms the office of personnel management provides online access to office of personnel management forms opm, standard forms sf, optional forms of, and federal employees group life insurance forms fegli. The union government has launched sampoorna bima gram sbg yojana and expanded coverage of postal life insurance pli in a bid to provide affordable life insurance. Rural postal life insurance rpli scheme was started in the year 1995 for the benefit of a section of the population living in rural india. Ofegli will need the form number, the quantity, the shipping address and the. Performance and effectiveness of rural postal life insurance ijrte. Started as a welfare scheme to provide benefits to the employees of the postal. Aug 02, 2016 step1 if you already have a postal life insurance policy, you will have update your mobile and e mail address to register with the pli. Pli premium calculator, maturity date registration login at pli. The vast majority of employees dont realize how the costs increase and as a result they end up wasting hard earned money on overpriced coverage that could have been put toward. The calculator provides complete yearly, half yearly, quarterly. Post office also offers insurance product through postal life insurance pli and rural postal life insurance rpli schemes with low premium and high bonus.

Postal life insurance policy status, pli online premium. We have completed a comprehensive packet that will explain how to cancel your postal life insurance and can provide this to you at no cost. Ofegli service standards the office of federal employees. Postal life insurance pli check plans and benefits online. Postal department, life insurance, market growth, policyholders, satisfaction introduction life insurance in india has its history dating back to 1818 through the europeans life insurance company in capital city of west bengal with the intention of fulfill the needs of european community.

Postal department, life insurance, market growth, policyholders, satisfaction introduction life insurance in india has its history dating back to 1818 through the europeans. This file contains additional information such as exif metadata which may have been added by the digital camera, scanner, or software program used to create or digitize it. Also, the cost expected to be incurred for operations came down drastically because of use of existing network of post offices. Step1 if you already have a postal life insurance policy, you will have update your mobile and e mail address to register with the pli. The directorate of postal life insurance has extended the renewal period of renewed postal life insurance rural postal life insurance policies lapsed for 5 years or more. This file is licensed under the creative commons attribution 3. Postal service insurance officers may request that a limited supply of booklets be sent to major postal field. Postal life insurance policies have been in effect from the year 1884 when they were launched with the approval of the secretary of state under the british empire. New delhi, jan 30 the postal department plans to spin off the postal life insurance and rural postal life insurance operations into a separate business unit sbu for. There are two primary areas where you will need to double check. Postal life insurance pli was introduced on 1st february, 1884. India post started rural postal life insurance rpli for rural public in 1995. Now that you know how to check your postal life insurance policy status online, lets get under the skin of pli and understand it a little better.

It was first founded on 1st february 1884, as a scheme to provide benefits to postal employees. Apr 24, 2015 should to opt for postal life insurance plans. Understanding your postal life insurance a must read for all. Dating back to february, 1884, pli postal life insurance is one of the oldest life insurers in the country. Pli status how to check postal life insurance policy status. Department of posts proposal form for rural postal life insurance photograph all entries should be filled in capital letter.

Rural postal life insurance rpli came into being as a sequel to the recommendations of the official committee for reforms in the insurance sector malhotra. Postal life insurance premium and maturity calculator lets you to calculate premium and maturity of pli endowment plan santosh. Office of personnel management opm forms the office of personnel management provides online. The objective of the programme is to provide, to the target group of rural families, a package of assistance comprising of income generating assets, working capital, etc. The department of posts dop, trading as india post, is a governmentoperated postal system in india, which is a subsidiary of the ministry of communications. Right now kurnool and tirupati sorting hubs are being utilized to route speed post and articles booked and the efficiency of the same is to be improved to 95% by january 2016.

The bonus included in maturity is taken as declared for past years and previous years bonus for. Instead of going through the headache of trying to find out who you have listed as your beneficiary which. 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. Special insurance schemes are framed to protect the. Rural postal life insurance plan endowment assurance gram santosh rural postal life insurance offers an endowment assurance policy with the following features and benefits. Ofegli will need the form number, the quantity, the shipping address and the point of contact, in case of questions. Aug 10, 2010 postal life insurance is 121 years young. Rural postal life insurance plan 10 years rural postal life insurance gram priya rural postal life insurances gram priya policy is a short term, money back plan. Nearly all postal employees are eligible to receive basic life insurance coverage, however, there are some exceptions. Apr 27, 2017 postal life insurancepli for government employees for policy vist. Loan loan can be obtained against the security of pli policy which has been in force for at least 3 4 years in case of santosh yugal suraksha and suraksha.

Postal federal employees group life insurance fegli. You didnt realize how much the postal life insurance was costing and you dont need the coverage. Ofegli service standards the office of federal employees group life insurance ofegli is an administrative unit of metropolitan life insurance company metlife that pays claims for the fegli program. Rural postal life insurance contact information and services description. With a strong network of post offices in urban as well as rural areas, rural postal life insurance was set to succeed.

Rural insurance practice of general insurance 96 on 50. The first is your tsp and the other is your postal life insurance. Earlier pli was available only for a very limited number of professional like employee of central government, state government,psu,nationalized banks etc. Postal life insurance and rural postal life insurance offer the lowest.