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 Rural
Postal
Life Insurance Scheme - Gram Priya
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It is
Anticipated Endowment Scheme for Ten Years
- Insurance cover
start from the date of acceptance
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Proponent is given
an assurance to the extent of Sum Assured with accrued bonus payable
till completion of ten years.
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Minimum Age at
entry is 19 year
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Maximum Age at
entry is 45 year
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No interest
charged upto one year arrear of premia in case of natural calamities
like flood, drought, earthquake, cyclone etc.
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Survival benefit
is payable as under:
At the end of 4 years
- 20%
At the end of 7 years
- 20%
At the end of 10 years
- 60% with accrued bonus
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Nomination
facility is available
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No surrender value
is payable
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Assignment
facility is available
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