Can I surrender my PLI policy?
WLA policy can be surrendered after 48 months. No surrender for AEA policy. Bonus will be taken into account after 5 years for surrender value calculation on the paid up value. But surrendering any policy prematurely is always a loss to the insurant.
Can I open PLI Online?
You can start the procedure of buying the policy online even if you are not a customer of India Post. You will be able to navigate to Purchase a Policy. Quote to select the suitable product and coverage for you. After this, you will have to fill personal, employment, medical and other information.
How can I get PLI premium online?
Register at PLI customer portal to pay PLI premium online
- Generate Customer ID. You have to visit the below link
- Set your password.
- login in PLI customer online portal and pay online PLI premium.
How to check your postal life insurance policy status?
This is because a large fraction of policy holders are unaware of the fact that they can now check their postal life insurance policy status not only offline, but also online. Earlier there was no online facility to check the PLI status. Now you can check your Postal Life Insurance policy status online.
How old do you have to be to get a PLI policy?
Current Age to be selected between 19 to 55 years. Maturity Age is age at which the policy will mature. The difference between maturity age and age at the time of purchase will give policy term. Year of Purchase is for getting bonus for years during the policy term.
When was Postal Life Insurance ( PLI ) introduced?
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,…
Which is the best life insurance policy in PLI?
PLI offers the following six types of policies: 1 Whole Life Assurance (Suraksha) 2 Endowment Assurance (Santosh) 3 Convertible Whole Life Assurance (Suvidha) 4 Anticipated Endowment Assurance (Sumangal) 5 Joint Life Assurance (Yugal Suraksha) 6 Children Policy (Bal Jeevan Bima)
