Below is the government and met lifes plan for pricing prices per thousand dollars of insurance coverage. Interested candidates can find all information concerning postal life insurance, western circle pliwc job circular 2019 from our website at concerned applicant can apply in postal life insurance, western circle pliwc. Surrender suraksha, santosh, suvidha and yugal suraksha policies which have been in. Postal federal employees group life insurance fegli. By entering a few relevant details, the premium calculator tool will reflect the. Postal life insurance is the oldest organization of its kind in the subcontinent. Pli postal life insurance payment premium online 2019 india. You want coverage that works with your lifestyle, helps you get the best care possible and fits with your financial picture. Postal life insurance pli head post office near railway station, jodhpur 342001 rated 3. It started as a welfare scheme for the benefit of postal employees and was later.
Apr 22, 2020 the medical plan is an employeeemployer contribution system and includes hmo and blue cross and blue shield programs. You can cancel your postal life insurance at any time. Sep 11, 20 limits of sum assured in postal life insurance. Any person who is eligible to the benefit of post office life insurance fund under rule 6, may effect an insurance whole life assurance, endowment assurance, convertible whole assurance, anticipated endowment assurance and yugal suraksha policy or all of them on his life for a sum not less than rs. A separate form must be submitted for each applicant employeemember, spouse andor. Due to popularity of its schemes,various dapartments of central and state governments. The scheme was later extended to cover employees working in universities, central and state governments, central and state psus, nationalised banks, governmentaided educational institutions, officers, staff of defence forces, etc. Notification announced for limited departmental competitive examination ldce for promotion to the cadre of p.
The federal employees group life insurance fegli program is available to all employees. Understanding your postal life insurance you have options a cancel your life insurance postal benefits group seminars. Federal employee group life insurance for postal employees. Checking pli payment and postal life insurance online status. Postal life insurance was launched in february 1884 as a welfare insurance scheme exclusively tailored towards the needs of postal employees. By investing in a postal life insurance plan or rural postal life insurance plan, policyholders stand to avail the following benefits.
Apwu health plan is a national preferred provider organization ppo offering both a feeforservice high option health plan and a consumer driven option health plan. Any one with 12th class education can take agency of postal life insurance. The postal department has also utilised the digital revolution by making pli digitised. India post group b syllabus 2019 download exam pattern released. Rural postal life insurance rpli scheme was introduced in 1995 for the benefit of rural populace to extend insurance cover to people living in rural areas with special emphasis on weaker sections and women workers as a result of the recommendation of the official committee for reforms in the insurance sector malhotra committee. No loan shall be applicable to childrens policy and sumangal policy. The main aim of the rural postal life insurance is to extend insurance coverage to the lowincome groups and provide them financial security so that they can tackle adversities.
It was first founded on 1st february 1884, as a scheme to provide benefits to postal employees. Under a level term insurance plan, the premium payable will be determined before the risk cover commences, and this premium rate will remain constant for. Postal life insurance of india has launched a new child policy called bal jiwan bima for children above 5 years look at the full bal jiwan bima policy details below. As insurance sector has become very competitive over the. With the advancement of technology, everything is becoming digital. The available postal life insurance policy types are endowment assurance plan, anticipated endowment assurance plan, whole life assurance plan and convertible whole life assurance plan. Postal life insurance policy status, pli online premium. Contact details of postal life insurance department. These summary plan and policy descriptions are the policy documents for each specific benefit offered by notre dame. It started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the telegraph department in 1888. They get a commission of 10% in first year and 2% as renewal. Health insurance plans that fit you and your family when youre looking for health insurance, its a good idea to take a look at all the angles. I would like to know what is the balance in insurance policy as wellas the loan ac. Revised claim formsfegli recently revised the claim forms for fegli life insurance benefits.
Some general guidelines to help you calculate your needs are on page 5. India post group b syllabus 2019 download exam pattern. Metlife 501 us highway 22 bridgewater, nj 08807 888 8656854 tdd 888 2605376 federaldental. Postal life insurance premium calculator india post currently has over 1,54,939 branches spread across india and it also has its presence in the remotest of areas. Interested candidates can find all information concerning postal life insurance, western circle pliwc job circular 2019 from our website at. Whole life assurance suraksha as per this plan, the insurance amount along with itsbonus is to be paid to the nominee or legal heir following death of the insured person. Jan 06, 2015 pli postal life insurance is exactly like any life insurance company, for example, lic or icici pru life insurance. Postal life insurance is sold to government and public sector employee. For any query for pli,please contact in the following details. Candidates can check the india post group b syllabus 2019 details from our website. New eligibility for pli postal life insurance basunivesh.
With a wide array of services, india post is most popular for providing life covers to its customers. How much commission and incentive a postal life insurance. The medical plan is an employeeemployer contribution system and includes hmo and blue cross and blue shield programs. Any person who is eligible to the benefit of post office life insurance fund under rule 6, may effect an insurancewhole life assurance, endowment assurance, convertible whole assurance, anticipated endowment assurance and yugal suraksha policy or all of them on his life for a sum not less than rs. Postal life insurance plan whole life assurance policy suraksha. Postal life insurance was started in 1884 as a welfare measure for the employees posts. The amount of life insurance one needs varies by individual.
Established by the british raj in 1884, initially to assure the lives of postal mail runners, its services were gradually extended to other government employees as well. New eligibility for pli postal life insurance a reader commented in my blog post about the new eligibility for pli please refer the comment postal life insurance vs licwhich is best. Santosh endowment assurance ea plan is main insurance scheme available under postal life insurance pli. Ofegli service standards the office of federal employees group life insurance ofegli is an administrative unit of metropolitan life insurance company metlife that pays claims for the fegli program. The rural postal life insurance plan provides cover till the insured reaches the age of 80 years.
Postal life insurance is one of the earliest insurance schemes to have been. This brochure describes the benefits of the metlife federal dental plan under metropolitan life insurance company metlife contract opm01fedvip01ap10 with opm, as authorized by the fedvip law. You didnt realize how much the postal life insurance was costing and you dont need the coverage. There are literally hundreds of plans to choose from. Postal life insurance premium calculator bankbazaar. Office of personnel management opm forms the office of personnel management provides online access to office of personnel management forms opm, standard forms sf, optional forms of, and federal employees group life insurance forms fegli. Santosh endowment assurance is a good option for the purpose of insurance, saving and tax planning. I remember to have taken the policy in the year 1983 at chennai with a monthly premium of rs.
Nonetheless, its benefits were not available to general public until 1947. Rural postal life insurance rpli came into being as a sequel to the recommendations of the official committee for reforms in the insurance sector malhotra. The original part 1 is forwarded either to opm or ofegli depending upon the. The premium receipt book has been completely damaged and dilapidated due to drench in water and as a result got so mutilated that leaving no other way but replacing by a duplicate one. With 1,54,939 branches across the country, india post has presence in the most remote areas of the country, offering a wide range of products and essential services, providing life cover is part of this mix of services provided by the department. Now, you can check your postal life insurance online status without having to stand in long queues at the post office. Postal life insurance was launched in february 1884 as a welfareinsurance scheme exclusively tailored towards the needs of postal employees. The main aim of the rural postal life insurance is to extend insurance coverage to the lowincome groups and provide them financial. Postal life insurance pli foundation dates back to british raj.
Unfortunately, the fegli program is a moving target and as the employee gets older the price increases. Rural postal life insurance plan whole life assurance gram suraksha this is a whole life assurance scheme from rural postal life insurance with the following benefits and features. He needs to elaborate on the details of his commercial property in this form. Finally, he sent the government notification in this regard. Pli insurance plans offer the highest returns at the lowest premium rates. Policy issuance will take 10 days after submission and verification of all required documents.
These documents provide certificates of coverage, details on eligibility, exclusions, appeals, and more. Introduction eligibility insurance plans in rpli postal life insurance. Ofegli will need the form number, the quantity, the shipping address and the point of contact, in case of questions. Medical, dental, prescription, vision, life insurance, retirement, and more. Rural postal life insurance rpli scheme was started in the year 1995 for the benefit of a section of the population living in rural india. Standard insurance company medical underwriting, 900 sw fifth avenue portland or 97204. Postal life insurance is the oldest life insurer in the country, having started operations in 1884 when the secretary of state for india under the british government representing the then british monarch, queen victoria gave an express approval for its set up on february 1, 1884. On 30 th july tuesday 2019, postal life insurance, western circle job circular 2019 has been published. Postal life insurance pli child policy cp bal jiwan bima. Pliwc job circular 2019 postal life insurance, western circle. To request a copy of this package please email david. Postal service insurance officers may request that a limited supply of booklets be sent to major postal field.
The bonus included in maturity is taken as declared for past years and previous years bonus for. Postal life insurance pli check plans and benefits online. Life insurance the amount of risk cover provided by a policy is called the sum assured under the policy. This insurance proposal form is filled in by an applicant who is looking for an insurance cover for his commercial properties. The two forms, fe6 claim for death benefits, and fe6 dep statement of claimoption c were revised to update irs tax language for backup withholding, and to make a metlife money market account available to a greater number of beneficiaries.
Download india post group b details syllabus 2019 pdf. Child when evidence of insurability or proof of good health is required to apply for coverage. Once you provide all the relevant details and click on the submit tab, you will receive details regarding your monthly premium. File part 1 of sf 2817 in the employees opf and destroy part 2 after personnel action has been processed and verified. Postal life insurance offers seven plain vanilla insurance plans which include. Pli provides information about pli policies, investment operations, eligibility criteria and forms for download. Most postal employees elected to pay for multiples of their base pay on the life insurance. In exercise of powers conferred vide rule 3 of post office life insurance rules 2011 and on the basis of actuarial valuation of the assets and liabilities of post office life insurance fund polif as on 31. Postal life insurance premium and maturity calculator lets you to calculate premium and maturity of pli endowment plan santosh. Earlier pli was available only for a very limited number of professional like employee of central government, state government,psu,nationalized banks etc. Over the years, pli has grown substantially from a few hundred. A level term insurance policy is a type of term insurance plan that is most commonly offered by indian life insurance providers.
The only difference is, it is run and managed by post office. With a wide array of services, india post is most popular for providing life covers to its customers with reasonable premium rates and attractive sum assured. Postal life insurance duplicate premium receipt book the cpc incharge, serampore post office, pin 712 201. Directorate of postal life insurance chanakyapuri p. This sum assured is paid on the event of death or maturity depending on the type of life insurance purchased i. Very few people in the federal government understand the details of their life insurance program. How good is postal life insurance compared to others. In addition, pli has also paid an additional bonus to policyholders since their very. The mailing address is office of federal employees group life insurance, p. The two forms, fe6 claim for death benefits, and fe6 dep statement of claimoption c were revised to update irs tax language for backup withholding, and to make a metlife money market account. Also, it provides information related to rules and benefits of postal life insurance.
1144 79 88 751 1585 1427 703 1362 227 658 1354 475 1311 925 1130 976 1346 1210 1228 769 1123 925 1652 725 592 1650 564 702 719 311 1356 771 871 1117 1070 1540 24 1252 1100 1212 789 1371 684 563 767