Rural Postal Life Insurance

Gram Priya - It is Anticipated Endowment Scheme for Ten Years

What is the age limit to open the policy in respect of the Anticipated Endowment   Scheme (Gram Priya) under Rural Postal Life Insurance?

* Minimum age at  entry is 19 year
* Maximum age at entry is 45 years

What are the salient features of Anticipated Endowment  Scheme (Gram Priya)?

* Insurance cover starts from the date of acceptance
* Proponent is given an assurance to the extent of Sum Assured with accrued bonus payable till completion of ten years.
* No interest charged upto one year arrear of premia in case of normal calamities like flood, drought, earthquake, cyclone etc.
* No loan facility is available
* No surrender value value is payable
* Assignment facility available
* Nomination facilty is available
* Survival benefits 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

* Income tax rebate under section 80-C of Income Tax Act.

Mr. Manik Das Deputy Divisional Manager (PLI) Office of the Chief Postmaster General, Assam Circle Meghdoot Bhawan Guwahati - 781001. Phone: 0361-2547385 email : pli_assam@yahoo.co.in