Postal Life Insurance

Postal Life Insurance was started in 1884 as a welfare measure for the employees Posts & Telegraphs Department under Government of India dispatch No. 299 dated 18-10-1882 to the Secretary of state.Due to popularity of its schemes,various dapartments of Central and State Governments were extended its bene fits.Now Postal Life Insurance is open for employees of all Central and State Government Departments,Nationalised Banks,public sector undertakings,Financial Institutions,Local Bodies like Muncipalities and Zila

Parisads,Educational Institutions aided by the Government etc.

Benefits :

  • 100% security by Government of India.
  • Income Tax Rebate under Sec 88.
  • Low Premium
  • High Bonus.
  • Options for Loan,Assign ment,Surrender,Conversation and Paid up Value.
  • Repayment of Loan is optional.Howevr interest is payable every 6 months.
  • Easy transfer to any place in India free of cost.
  • Pass book facility for payment of premia and other payments like loan,interest through any Departmental Post Office.
  • Pay recovery facility for Institutions and Organisations having morethan 20 policies.
  • Facility for payment of premia monthly, half yearly and annualy on any working day of the month for which it is due.
  • Rebate @ 1% for payment of 6 months premia in advance.
  • Rebate @ 2% for payment of 12 months premia in advance.
  • Nomination facility.
  • Facility for revival of policies lapsed due to non-payment of premium.
  • Payment of policy money through any Post Office, anywhere in India.
  • Centralized accounting for quick and settlement of claims through fully computerized office management.

Children Poicy-Salient Features:

  • A policy holder of WLA or EA in PLI/RPLI shall be eligible for taking such policy for his her child(ren) against his/her policy.
  • Minimum Age-5 years
  • Maximum Age -20 years (The age of main policy holders should be below 45 years)
  • Sum Assured Limit Minimum- INR 20,000/- Maximum-INR 3,00,000/-.However,the Sum Assured of Children policy should not exceed the Sum Assured of the main policy.
  • Insurance Cover starts from Date of acceptance of the proposal or payment of the 1st premia in full,which ever is later.
  • A non madical policy with full benfits.
  • Assignment/Nomination facility available,as per POLI Rules.
  • No loan facility against this policy,but can be made paid up in usual conditions to main policy provided atleast 5 years premia have been paid
  • Sum Assured alongwith accured bonus shall be payable on maturity or earliesr on the death of the child(ren).
  • In event of death of main policy holder,no premium is payble for the remaining term of the policy.


  • To be a market leader in the insurance sector.
  • To create a brandname,known for excellence and high quality of its products and services .


  • In the Postal LifeInsurance,we constantly strive to fullfill our clients expectations and demands through a vast network of 1.5 lakh Post Offices marketted by a commited workforce of 2 lakh employees.


  • Insurance cover against the risk to life.
  • Create oppertunities for wise investments while also covering the risk of life.
  • Benefit and improve the quality of life of our clients.
  • We value commitment,helpfulness and respect in our dealings with our clients.

Eligibility for taking a Postal Life Insurance Policy(except children policy):

  • Age between 19 and 50 years as on next birth date of the proponent.
  • Employees of central and State Governments,Defence Services.
  • Extra dapartmental Agents and industrial and work-charged amployees in the Department of Posts and Telecommunication.
  • Govt. aided Educational Institutions,Universities established by Government Local bodies like muncipalities,zila Parisad,Mahanagar Palika.
  • All nationalized banks,RBI,SBI subsidiaries.
  • Bodies like India Standards Institution,CSIR etc.
  • Medical council of India,nursing council of India and Pharmacy Council of India
  • State and Central Govt. Undertakings,Corporations,boards,organisations and financial anstitutions like UTI,IDBI,ISRO,KPTCL,KSRTC,VSNL,BSNL,MTNL.
  • All regular employees of regional Rural Banks.
  • Para teachers serving in Government/Government aided institutions.
  • Employees engaged/appointed on contract basis by Central/State Governments,where the contract is extendable.
  • Employees of joint Ventures in which Central/State overnments/Public Sector Undertakings/Nationalised Banks have minimum holding of 10 percent.
  • Members/employees of credit Cooperative Socities and other Cooperative Socities registered with Government under the Cooperative socities Act and partly or fully funded from the Central/State Governments/RBI/SBI/Nationalised Banks/NABARD and other such institions notified by Government.
  • Employees of Deemed Universities and Educational Institutes accredited by recognised bodies such as National Assessment andAccreditation Council of India,etc and/or affiliated to Universities /Boards etc.
  • Employees of all Scheduled Commercial Banks.
  • Centralized accounting for quick and settlement of claims through fully computerized office management.

Handicapped Persons:

  1. Maximum Sum Assured is INR 10,000-
  2. Maximum Sum Assured is INR 20,00,000/-

* The physically handicapped persons can make polices at par with non handicapped persons for the maximum sum assured.No extra primium is payable.


Postal Life Insurance is an organization of Department of Posts,Government of India.The Corporate Office of Postal Life Insurance is headed by Principal Chief General Manager who can be contacted at the following address:

Directorate Of Postal Life Insurance,First Floor,
Chanakyapuri Post Office Complex,
New Delhi-110021
Phone No-091-11-4673587, 24674794
Fax:- 011-6876809

In all the States of Postal Circles,there is an administration and operational unit in the office of Chief Postmaster General.The PLI operations in the concerned state is looked after by Divisional Manager(PLI) assisted by Deputy Divisional Manager and Assistant Divisional Managers.Similarly,in Rural Postal Life Insurance,its operations are looked after by Postmaster General assisted by assistant Divisional Manager.

We have 184 Developement Officers and 356 Field Officers all over India to provide door to door service.You can contact the Branch Postmaster of your village.

For any query for PLI,please contact in the following details:

Postal Life Insurance Section,First Floor
O/O Chief Post Master General
Odisha Postal Circle
Contact No:- 0674-2395193 / 2390003

This section is for information and guidance of our customers.We are happy to furnish following information for your guidance.Just clik tthe link and get the information.

To know more about PLI click the following link.

Postal Life Insurance