Post Office Scheme: Invest in Post Office's Postal Life Insurance Scheme
By Lokmat English Desk | Published: January 23, 2022 04:31 PM2022-01-23T16:31:11+5:302022-01-23T16:31:11+5:30
Next 
Even today, a large section of the country has great faith in Post Office schemes. The Post Office has a number of plans that are tailored to suit every age group.
The Indian Post Office has often come up with many beneficial schemes for the citizens. You can reap huge benefits by investing money in these various post office schemes.
Since all these schemes are government, there is no loss in these schemes. If you also want to invest safely without risk, you can invest in a post office scheme.
Today we are going to tell you about one such great post office scheme, in which you can get a very good return by investing money.
This plan is called 'Postal Life Insurance'. Through this scheme, the investor can get many other benefits including coverage up to Rs 50 lakh.
Post Office Life Insurance offers you the option to invest in two categories. Its names are PLI and RPLI. Under PLI you get 6 policy options.
By investing in this policy you get PLI Sum Assured cover up to a minimum of Rs 2 lakh and a maximum of Rs 50 lakh. In addition, a person can get insurance amount up to 80 years.
Benefits of Postal Life Insurance - You can take Postal Life Insurance for at least 4 years, after which you will get paid. With this policy you get a fixed amount of facility.
If you want to close the policy for 3 years, you get the facility to surrender the policy. Previously, the scheme was for government and semi-government employees only.
But now the rules have been changed to make it available to doctors, engineers, management consultants, chartered accountants, architects, lawyers, bankers and other employees.
To avail PLI Whole Life Insurance Policy, the age of the insured should be minimum 19 years and maximum 55 years. To avail this policy you can purchase the policy online by visiting the official website of the Post Office https://pli.indiapost.gov.in.
