SPECIL DRIVE ON REVIVAL OF LAPSED PLI/RPLI POLICIES

    भारतीय डाक विभाग

GOVERNMENT OF INDIA: DEPARTMENT OF POSTS

मुख्य पोस्ट्मस्टर जनरल कार्यालया, ए । पि। सर्किल, डाक सदन, हैदराबाद,५००००१

Office of the Chief Postmaster General, A.P.Circle,   Dak  Sadan, Hyderabad 500 001

తపాల జీవిత బీమ ::डाक जीवन बीमा :: POSTAL LIFE INSURANCE  

PRESS NOTE DATED 18.03.2013

           

                    This is regarding Special drive to revive lapsed Postal Life Insurance and Rural Postal Life Insurance policies.  Employees prefer to take Postal Life Insurance policies and rural people prefer to take Rural Postal Life Insurance policies on account of lower  premium and higher bonus. To reap the benefits of Postal Life Insurance and Rural Postal Life Insurance, regular payment of premium is mandatory.  If premium is not paid for a period of more than 6 months in a policy which is in force for less than 3 years, the policy will be treated as lapsed. In case the premium is not paid for more than 12 months in a policy which is in force more  than 3 years, also the policy will be treated as lapsed.  The customer will lose the benefits on account of any claim if a lapsed policy is not revived.  It is also necessary to revive one’s policy to get bonus every year. Many customers are not aware of  the procedure as to how to revive their policy, whom they have to approach etc.  In order to help customers to revive policies which are lapsed it is planned to conduct revival drive  at each Post Office/Divisional office through out Andhra Pradesh during the period from 18.03.2013 to 31.03.2013.  All PLI/RPLI customers are requested to utilize this opportunity to keep their precious lives insured.