Postal Life Insurance Table
Postal life insurance was introduced on 1st february 1884.
Postal life insurance table - It was essentially a scheme of state insurance mooted by the then director general of post offices mr. Santosh endowment assurance ea plan is main insurance scheme available under postal life insurance pli. 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.
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. Postal life insurance was introduced on 1st february 1884. 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.
The policy gives 20 of the assured sum after completing 6 years 20 after completing 9 years 20 after completing 12 years and. Table ii postal life insurance post office insurance fund premiums in force from the 4th august 2003 endowment assurances monthly premiums for an assurance ofrs 5000 age at entry maturity age age at 35 40 45 50 55 58 60 entry 19 26 19 15 12 10 9 9 19 20 27 20 16 13 10 10 9 20 21 29 21 16 13 11 10 9 21. 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 started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the telegraph department in 1888. Postal life insurance was introduced on 1st february 1884. Postal life insurance was introduced on 1st february 1884.
As per table there is a difference in first and second year premium but the agent did n. Postal life insurance was launched in february 1884 as a welfare insurance scheme exclusively tailored towards the needs of postal employees. The scheme was later extended to cover employees working in universities central and state governments central and state psus nationalised banks government aided educational institutions officers staff of defence forces etc.
Hogg in 1881 as a welfare scheme for the benefit of postal employees and later extended to the. Postal life insurance premium and maturity calculator lets you to calculate premium and maturity of pli endowment plan santosh.