PLI: Post Office not only gives the benefit of savings schemes but also provides the facility of insurance. Today we are telling you about the postal life insurance protection of the post office.
Postal Life Insurance: Postal Life Insurance was started on February 1, 1884, by the English Government. We are giving you information about the protection scheme of Postal Life Insurance.
You can invest in this scheme from the age of 19 to 55 years. If you run this scheme continuously for 4 years, then a loan facility is also available on it.
If you do not like the policy, you can also surrender it. You can get a sum assured of at least Rs 20,000 through the post office security insurance scheme.
At the same time, the maximum sum assured benefit of Rs 50 lakh can be availed through this insurance scheme. If a policyholder dies, the insurance money will be given to the nominee.
Under this insurance scheme, a bonus of Rs 76 will be received on depositing Rs 1,000. By investing in this scheme, you can get a rebate of Rs 1.5 lakh under Section 80C of Income Tax.
Only government and semi-government employees can take advantage of Postal Life Insurance. At the same time, after the year 2017, doctors, engineers, lawyers, management consultants, chartered accountants etc. also get the benefit of this scheme. To take advantage of this scheme, visit your nearest post office today itself.
