Postal Life Insurance- Suvidha
A convertible Whole Life Assurance Scheme

What is the age limit to open the policy in respect of the Convertible Whole Life Assurance Scheme (Suvidha) under Postal Life Insurance?

* Minimum age at entry is 19 years
* Maximum age at entry is 55 years

What are the salient features of Convertible Whole Life Assurance Scheme (Suvidha)?

* Maximum Sum Assured of Rs. 10 lac.
* Insurance cover starts from the date of acceptance
* Suvidha can be converted into Santosh after five years
* Maturity at the age of 50, 55 or 58 years after coversion
* On conversion, premia & terms will be revised accordingly
* Bonus due on the policy will also change as applicable to Santosh policy on conversion
* Eligible for loan after 4 years
* Surrender allowed after 3 years
* Assignment facility available
* Nomination facilty is available
* 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

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Information provided by Assam Postal Circle
Designed & Published by the National Informatics Centre, Assam, Govt of India.