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  Postal Life Insurance

 

Benefits

  • 100% security by Government of India             

  • Income Tax Rebate under Sec. 88.

  • Low Premium.

  • High Bonus.

  • Options for Loan, Assignment, Surrender, Conversion and Paid Up Value.

  • Repayment of  Loan is optional However interest is payable every 6 months.

  • Easy transfer to any place in India free of cost.

  • Pass book facility for payment of premia & other payments like loan, interest through any Departmental Post Office.

  • Pay recovery facility for Institutions and Organizations having more than 20 policies.

  • Facility for payment of premia monthly, half   yearly and annually on any working day of the month for which it is due.

  • Rebate @ 1% for payment of  6 months premia in advance.

  • Rebate @ 2% for payment of 12 months premia in advance.

  • Nomination facility.

  • Facility for revival of  policies lapsed due to non-payment of premium.

  • Payment of policy money through any Post Office, anywhere in India.

  • Centralized   accounting for quick and easy settlement of claims through fully computerized office management.