RURAL POSTAL INSURANCE

Schemes – RURAL POSTAL INSURANCE Whole Life (GRAMA SURAKSHA) Endow Assurance (GRAMA SANTOSH) Convertible Whole Life (GRAM SUVIDHA) Anticipated Endowment (GRAM SUMANGAL) 10 Year Rural PLI (GRAM PRIYA) Children Policy
LIMIT Minimum- Rs.10,000 Maximum- Rs.25,000 (without medical) Rs.3,00,000 (on medical) Rs.1 lac (Age 45 & above/NS age proof) Minimum- 19 on next DOB Maximum
AGE LIMIT WL and EA 55 CWL and 10 yr Plan 45 AEA 40 Above 35 years only medical policies
Low Premium with following rate of rebate Monthly Re.01/ per 20,000 Quarterly Rs.03/ -------do---- Half yearly Rs.06/--------do---- Yearly Rs.12/-------do-----
Bonus Endowment 55 per 1000 S/A W/L 60 per 1000 S/A AEA 50 per 1000 S/A
Rebate for advance payment of monthly premium - 12 months 2.0% - 06 months 1.0% - 03 months 0.5%
Advance deposit adjusted as 1st premium Subsequent installments to be paid on due date within in grace period as detailed in the table
Period of payment of Premium	Grace Period
Monthly	One calendar month
Quarterly	45 days
Half Yearly	60 days
If not paid within due period DF at 12% collected
Calculation of DF for arrears of monthly premiums – as in the case of PLI For quarterly, Half Yearly and Yearly premiums calculated with the help of the following formula
Interest = Premium X Months x Rate of Int --------------------------------------- 100 X 12 TO CALCULATE PREMIUM PLEASE CLICK RPLI PREMIUM CALCULATOR