50 per thousand of sum assured. Under this scheme the policyholder is given an assurance to the extent of the sum assured and accrued bonus till he or she attains the pre- determined age of maturity i.e 35,40,45,50,55,58 and 60 years of age.

There are other ways that you can use to check the status of your policy: In case you have any query related to your policy, you can send a mail to the email ID [email protected] You can also call on the toll-free number 1800 180 5232, 155232. You can also call their land line number 011 24673177.

The benefits of RPLI are as follows: There is a 100% security offered by the Government of India. The premium payment is low but the bonus offered is high. The insured can take loan against the policy.

For the Endowment Assurance Plan under PLI, one can follow the below-mentioned steps for premium or maturity calculation:

1. Enter the sum assured amount.
2. Enter the year of purchase of the policy.
3. Enter your current age.
4. Enter your maturity age.
5. Click on the ‘Calculate’ button and the results will be displayed.

PLI : Sum assured/Aggregate Sum assured limit is more than Rs. 1 lacs or proposer’s age is more than 35 years. RPLI : Sum assured/Aggregate Sum assured limit is more than Rs. 25,000/- or proposer’s age is more than 35 years.

6 Best Postal Life Insurance (PLI) Plans for Government Employees

• Whole Life Assurance (Suraksha)
• Endowment Assurance (Santosh)
• Convertible Whole Life Assurance (Suvidha)
• Anticipated Endowment Assurance (Sumangal)
• Joint-Life Insurance (Yugal Suraksha)
• Children Policy (Bal Jeevan Bima)

Answer- Yes, Now you can pay your pli policy premium online. An online portal i.e. PLI customer portal is available on internet to pay online PLI.

Eligibility Criteria: Minimum entry age is 19 years and maximum entry age is 55 years. Conversion of Policy: Whole Life assurance policy can be converted to endowment policy after completion of 5 years of policy and before policyholder completes 55 years of age. Minimum Sum assured: Rs. 10,000.

Rural Postal Life Insurance (RPLI) The scheme shall cover all persons , male or female , who permanently reside in rural areas and are ordinarily residents in India to the exclusion of foreigners and non resident Indians provided they have attained majority.

Convertible Whole Life Assurance

Individuals between the age of 19 years and 45 years can apply for this RPLI policy. Sum assured offered under the scheme is from minimum INR 10,000 to a maximum of INR 10 lakhs. Policy can be surrendered after completion of three years.

Just like RPLI has no specific premium calculator, there is no postal life insurance calculator too. However, like RPLI, there is also a PLI premium table for different types of insurance plans. As per the available PLI premium table, here are the sample premium rates for Santosh and Sumangal –

Following are the six types of RPLI policies offered: Convertible Whole Life Assurance (Gram Suvidha) Plan Anticipated Endowment Assurance (Gram Sumangal) Plan Let’s learn more about these RPLI policies. Amount of premium chargeable for all RPLI policies may vary depending on the age, time period chosen and many other factors.

Rural Postal Life Insurance (RPLI), on the other hand, was launched in the year 1995 as per the recommendations of the Malhotra Committee. These policies were designed to offer low-cost insurance to the rural population.

The tables are readily available on the official website of PLI and the premiums can be calculated easily. So, calculate the premiums and invest in an RPLI or a PLI insurance plan at the earliest.