Apart from the savings schemes, life insurance schemes are also run by the post office. Under this, you can make the future secure with the Whole Life Insurance Policy of Postal Life Insurance.
When it comes to security, most people prefer to invest in government schemes. In such a situation, the scheme of Post Office is better for investment. It has many different plans in terms of savings, but do you know that insurance plans are also run by the post office. Its name is Postal Life Insurance i.e. Postal Life Insurance. Through this scheme, you can get coverage up to Rs 50 lakh and many other facilities.
Post office life insurance is divided into two categories PLI and RPLI. There are 6 policies run under the PLI scheme, out of which one is a Whole Life Assurance (Suraksha) policy. In this, the minimum sum assured is Rs 20000 and the maximum sum assured is Rs 50 lakh. In this policy, along with the bonus, the insured also gets the sum assured on reaching the age of 80 years. If the insured dies before this, then this amount will be given to the nominee.
Benefits of Whole Insurance
1. By taking this post office scheme, you will get loan facility. You can take it after the completion of 4 years of the policy.
2. In this policy, the sum assured amount is available with bonus. In the absence of the insured, money is given to his family or nominee.
3. If you want to discontinue the policy, there is a facility to surrender after the completion of its 3 years.
4.Earlier this insurance was available only for government and semi-government employees. After the amendment made in the rules, now doctors, engineers, management consultants, chartered accountants, architects, lawyers, bankers and employees etc. and employees of NSE and BSE listed companies can also take advantage of this policy.
How to take policy
Under PLI Whole Life Assurance Policy, the minimum age of the applicant is 19 years and maximum age is 55 years. To take the policy, visit the official website of the post office
