Post Office Life Insurance
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 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. However premia are to be deposited in any post. Life assurance policies are underwritten and provided by new ireland assurance company plc. Welcome to postal life insurance.
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. The minimum term is 5 years and cover must end before your 81st birthday. As per the announcement an amount of rs. 50 lakh has been sanctioned for maintaining civil and electrical works at post offices and post office buildings.
A contract entered into by the government to pay a given sum of money on the death of an individual to his nominee or himself if he survives that period. It is a single life plan for people aged between 50 and 75 years of age at the date of commencement. Now pli and rpli customers can pay their premium online through debit credit card net banking wallet upi. 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.
Gpo o connell st dublin 1. Who collects the premia from the insurants and deposits in a post office along with pr book. 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. 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.
An post insurance is a tied agent of new ireland assurance company plc for life assurance business. Postal life insurance was introduced on 1st february 1884. Postal life insurance 1. 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.
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