
(LI24) DEPARTMENT OF POSTS PROPOSAL FORM FOR POSTAL LIFE INSURANCE (Children Policy) FOR OFFICE USE ONLY Name of the Development Officer/FOs/Agent/ Postal employees (ASP/ IPO/ PM/ PA/ SA/ Postman/.
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How to fill out the Pli New Proposal Form online
Completing the Pli New Proposal Form online is a straightforward process that facilitates the submission of your application for Postal Life Insurance. This guide will walk you through each section of the form to ensure that you provide all necessary information accurately and efficiently.
Follow the steps to fill out the form effectively
- Click the ‘Get Form’ button to obtain the form and access it in the editor.
- Begin filling out the form by entering the required details in capital letters. Start with the parent's policy number and name, followed by the father's name and the child's name.
- Indicate the category by selecting the appropriate department or organization. Enter the PH code and the child's sex, either male (M) or female (F). Affix a combined photograph of the parents and child as instructed.
- Provide the address details for correspondence, including the pin code. Additionally, supply the permanent address and pin code.
- Fill in the employment details of the parents, including designation and address with the pin code.
- Enter the doctor's code and name, followed by the child's date of birth, proposal date, declaration date, and acceptance date.
- Choose the payment type and specify if a medical examination is necessary. Indicate the type of policy, age at maturity, sum assured, premium amount, and mode of payment.
- Provide your PAN number, mobile number, and email ID. Also, enter the postal account office PAO code and sub code, along with the address.
- If the policy is proposed under the Married Women Property Act 1874, detail the particulars of the beneficiary and trustee. If the policy is funded by a Hindu Undivided Family (HUF), provide relevant details.
- For nomination, list the nominees' details (up to three) using the specified format including their name, address, relationship, age, and share of claim amount. If any nominee is a minor, include the appointee's details.
- Describe the nature of proof submitted for the date of birth of the parent and child. If paying the premium in cash, state the name of the post office where payment will be made.
- Answer the health-related questions regarding family history and personal health to complete the personal history section.
- Ensure all sections have been accurately filled and review for any required signatures from the proponent, medical examiner, and agents.
- Upon completion, save your changes and proceed to download, print, or share the form as necessary to finalize your submission.
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Who is eligible for PLI?
2017. It now covers employees of Central and State Governments, Central and State Public Sector Undertakings, Universities, Government aided Educational institutions, Nationalized Banks, Local bodies, autonomous bodies, joint ventures having a minimum of 10% Govt./PSU stake, credit co-operative societies etc.
How do I apply for PLI?
How to register for PLI/ RPLI online services? Register Mobile number & email id: Visit your nearest post office with request in writing for registering mobile number and email address, if not done while taking policy.
Is PLI a good option?
Postal Life Insurance (PLI), a 125-year-old life insurance scheme run by the department of posts, is a good option for people eligible for it as it charges lower premiums and offers higher returns than comparable policies of life insurers.
Which PLI scheme is best?
Whole Life Assurance (Suraksha) Minimum & Maximum age at entry: 19-55 years. ... Anticipated Endowment Assurance (Sumangal) It is a Money Back Policy with maximum sum assured of 50 lacs, best suited to those who need periodical returns. ... Children Policy (Bal Jeevan Bima)
How can I apply for PLI?
How to register for PLI/ RPLI online services? Register Mobile number & email id: Visit your nearest post office with request in writing for registering mobile number and email address, if not done while taking policy.
How is PLI bonus calculated?
For example, if the bonus is Rs 50 per Rs 1000 in a policy with Rs 1 lakh of sum assured, the annual bonus amount will be Rs 5,000 payable on maturity or on death to the nominee.
How is PLI maturity amount calculated?
Enter the sum assured amount. Enter the year of purchase of the policy. Enter your current age. Enter your maturity age. Click on the 'Calculate' button and the results will be displayed.
How can I get my PLI policy number?
There are other ways that you can use to check the status of your policy: In case you have any query related to your policy, you can send a mail to the email ID pli.dte@gmail.com. You can also call on the toll-free number 1800 180 5232, 155232. You can also call their land line number 011 24673177.
Can I open PLI Online?
You can start the procedure of buying the policy online even if you are not a customer of India Post. You will be able to navigate to Purchase a Policy. Quote to select the suitable product and coverage for you. After this, you will have to fill personal, employment, medical and other information.
What is PLI premium?
Postal life insurance (PLI) is similar to insurance plans offered by other insurance companies such as LIC (Life Insurance Corporation of India). PLI is a contract entered into by the government to pay a given sum of money on the death of an insured to his nominee or himself, if he survives that period.
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