Post Office Life Insurance
Post office over 50s life insurance is a simple way to leave your loved ones a cash sum when you die as a gift to settle unpaid bills or help pay for your funeral.
Post office life insurance. Now pli and rpli customers can pay their premium online through debit credit card net banking wallet upi. It is a single life plan for people aged between 50 and 75 years of age at the date of commencement. 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. If you re aged 50 to 80 and a uk resident you can get cover in place right away.
50 lakh has been sanctioned for maintaining civil and electrical works at post offices and post office buildings. Just choose how much you want to pay each month from 7 to 100 and leave behind up to. The minimum term is 5 years and cover must end before your 81st birthday. Life assurance policies are underwritten and provided by new ireland assurance company plc.
Postal life insurance was introduced on 1st february 1884. If you are a full time employee you have life insurance through the postal service known as federal employee group life insurance fegli. Post office money life insurance offers up to 500 000 cover for customers who are uk residents aged 18 70 at the start of the policy. An post insurance is a tied agent of new ireland assurance company plc for life assurance business.
Many employees elect to pay for additional coverage when they are hired on assume it is a great benefit and never look at it again. As per the announcement an amount of rs. An post insurance over 50s funeral plan could give your loved ones a promised lump sum payment that can be used to help to pay for funeral expenses or perhaps to repay any loans or bills you might still have at the time of your passing. Gpo o connell st dublin 1.
Welcome to postal life insurance. Postal life insurance 1. This would include speed post mail delivery done via head post offices railway mail service rms offices mccamish system used for rural postal life insurance and post life insurance etc. 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.
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