Postal Life Insurance - Yugal Suraksha

·         It is a joint-life Endowment Assurance in which one of the spouses is eligible for 
PLI policies

·         Life insurance coverage is provided to both the spouses to the extent of sum assured with accrued bonus from the date of acceptance of proposal

·         Insurance cover is started from the date of acceptance

·         It is a term policy of 5 to 20 years.

·         It gives assurance to both, the Insurant and spouse

·         Minimum Age at entry is 21 years

·         Maximum Age at entry is 45 years

·         Maximum sum assured of INR 5 lakhs.

·         Surrender value payable after 3 years.

·         Assignment facility available.

·         Nomination facility available.

·         Loan facility is available.