Indian population in villages have very less knowledge on investment and extremely unaware of life insurance. Rural Postal Life Insurance (RPLI) is focused specially for rural people of India. Post offices have a wide presence in rural India and encashing on this, Government of India has introduced the Rural Postal Life Insurance (RPLI) to provide investment and safety to the population. This social security scheme aims to benefit the rural poor, farmers, weaker section and workers. This section of the population can connect best with the local post office/ postman and understand these products.
What schemes are offered under Rural Postal Life Insurance?
- 10 Years Rural PLI (Gram Priya)
- Children Policy (Bal Jeevan Bima)
- Whole Life Assurance (Gram Suraksha)
- Convertible Whole Life Assurance (Gram Suvidha)
- Endowment Assurance (Gram Santosh)
- Anticipated Endowment Assurance (Gram Sumangal)
Who can buy Rural Postal Life Insurance?
Anyone in rural village area can buy these schemes.
Schemes under Rural Postal Life Insurance are simpler and also offer all the similar features (like nomination, loans, online premium payments, payment via cards, surrender, revival etc.) that are offered by other life insurance companies.
How to buy Rural Postal Life Insurance (RPLI)?
You can also visit any post office or contact the postman. Alternatively, India Post provides online facility through its website https://pli.indiapost.gov.in/CustomerPortal/Home.action for buying online.
Please visit https://www.indiapost.gov.in/Financial/Pages/Content/rpli.aspx for knowing the details about the various schemes offered by Rural Postal Life Insurance (RPLI).