POSTAL LIFE
INSURANCE
“INSURING LIVES, ASSURING HAPPINESS”
WHAT IS LIFE INSURANCE
• LIFE INSURANCE CAN BE DEFINED AS A
CONTRACT BETWEEN AN INSURANCE
POLICY HOLDER AND AN INSURANCE
COMPANY, WHERE THE INSURER
PROMISES TO PAY A SUM OF MONEY IN
EXCHANGE FOR A PREMIUM, UPON THE
DEATH OF AN INSURED PERSON OR
AFTER A SET PERIOD.
REASONS TO HAVE A LIFE
INSURANCE POLICY
• LONG TERM FINANCIAL GOAL
• PROTECT THE CHILD'S FUTURE
• LOANS AND LIABILITIES
• CHILD’S EDUCATION PLANNING
• DEPENDENT SPOUSE
• LEAVE A TAX FREE LEGACY
• RETIREMENT PLANNING
WHY POSTAL LIFE INSURANCE (PLI)
• POSTAL LIFE INSURANCE, INTRODUCED ON
1ST FEBRUARY 1884, IS ONE OF THE OLDEST
LIFE INSURANCE SCHEMES IN INDIA AND IS
CURRENTLY MANAGED BY THE DEPARTMENT
OF POSTS UNDER THE INDIAN GOVERNMENT.
PREMIUMS OF PLI PLANS ARE VERY LOW AND
AFFORDABLE THAN ANY OTHER INSURANCE
COMPANY IN INDIA. POSTAL LIFE INSURANCE
PLANS OFFER A BONUS WHICH IS THE
HIGHEST IN MARKET NOW.
PLANS UNDER POSTAL LIFE INSURANCE
• WHOLE LIFE ASSURANCE (SURAKSHA)
• CONVERTIBLE WHOLE LIFE ASSURANCE (SUVIDHA)
• ENDOWMENT ASSURANACE (SANTOSH)
• JOINT LIFE ASSURANCE (YUGAL SURAKSHA)
• ANTICIPATED ENDOWMENT ASSURANCE (SUMANGAL)
• CHILDREN POLICY (BAL JIVAN BEEMA)
HOW YOU CAN PLAN YOUR
RETIREMNT WITH PLI
• YOU PURCHASE A POSTAL LIFE INSURANCE ENDOWMENT POLICY OF SUM
ASSURED AMOUNTING TO RS. 50,00,000 (FIFTY LACS) AT THE AGE OF 25
YEARS.
Policy Term Sum Assured Monthly Total Bonus Maturity
Premium Amount
35 50,00,000 11,234 91,00,000 @ 1,41,00,000
current Bonus
Rate of Rs.
52/1000.
• THE MATURITY AMOUNT 1,41,00,000 (ONE CRORE AND FORTY ONE LAC) CAN
BE INVESTED IN SENIOR CITIZEN SAVINGS SCHEME AND IN OTHER POST
OFFICE SAVINGS SCHEMES FOR A GUARANTEED MONTHLY INTEREST OF RS.
1,00,000/- (ONE LAC).
THANK YOU
