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RPLI SURRENDER CUM LOAN GUIDANCE CALCULATOR

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RPLI SURRENDER CUM LOAN GUIDANCE CALCULATOR This calculator may be used as a reference for surrender quote with lapsed policies as not shown in Mc Camish.(Also for inactive status policies to know the correct value of surrender) It can be used for proper guidance to the insurant in the following scenarios Loan value if premium paid up to current month Maturity value if policy not continued till maturity date as like now Maturity value if policy continued with premium payment till maturity date Premium amount to be paid till maturity date. Note: This calculator is not authenticated one. Kindly ensure the calculated amount yourself. Download B.VENKATESAN, PA (CPC),MELAKAVERI HO – 612002TN Circle  Email id:  sbvenkat2008@gmail.com

Rural Postal Life Insurance (RPLI)

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Rural Postal Life Insurance (RPLI)  If you are thinking about insurance with savings , then you are on a perfect place. Dept of Posts, Govt. of india, provides low premium high bonus insurance plans. 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 Committee).  The Committee had observed in 1993 that only 22% of the insurable population in this country had been insured; life insurance funds accounted for only 10% of the gross household savings.  The Committee had observed: “ The Committee understands that Rural Branch Postmasters who enjoy a position of trust  in the community  have the capacity to canvass life insurance business within their respective areas…..” The Government accepted the recommendations of Malhotra Committee  and allowed Postal Life Insurance to extend its coverage to t...

Postal Life Insurance (PLI) : low premium high bonus insurance

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Postal  Life Insurance (PLI)       If you are thinking about insurance with savings , then you are on a perfect place. Dept of Posts, Govt. of india, provides low premium high bonus insurance plans. Introduction Postal Life Insurance (PLI) was introduced on 1st February 1884 with the express approval of the Secretary of State (for India) to Her Majesty, the Queen Empress of India. It was essentially a scheme of State Insurance mooted by the then Director General of Post Offices, Mr. F.R. Hogg in 1881 as  a welfare scheme for the benefit of Postal employees and later extended to the employees of Telegraph department in 1888. In 1894, PLI extended insurance cover to female employees of P & T Department at a time when no other insurance company covered female lives. It is the oldest Life insurer in this country.                 PLI is an exempted insurer under Sect...