Postal Life Insurance Schemes-(Yugal Suraksha)

It is a joint-life Endowment Assurance in which one of the spouses is eligible for PLI policies.

  • Life insurance coverage is provided to both the spouses to the extent of sum assured with accured bonus from the date of acceptance of proposal
  • Insurance cover is started from the dateof acceptance.
  • It is a term policy of 5 to 20 years.
  • It gives assurance to both,the Insurant and spouse.
  • Minimum Age at entry is 21 years.
  • Maximum Age at entry is 45 years.
  • Maximum sum assured of INR 20 lakhs.
  • Surrender value payable after 3 years.
  • Assignment facility available.
  • Nomination facility iavailable.
  • Loan facility is available.