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.