Postal Life Insurance (PLI) Online
Postal Life Insurance (PLI) was introduced on 1st February, 1884. It started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the Telegraph Department in 1888. In 1894, PLI extended insurance cover to female employees of the erstwhile P & T Department at a time when no other insurance company covered female lives. It is the oldest life insurer in this country.
Over the years, PLI has grown substantially from a few hundred policies in 1884 to more than 46 Lacs policies as on 31.03.2017. 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. PLI also extends insurance cover to the officers and staff of the Defence services and Para-Military forces.
Apart from individual insurance policies, Directorate of Postal Life Insurance also manages a Group Insurance scheme for the Extra Departmental Employees i.e. Gramin Dak Sevaks(EDAGIS-1992 and GDSGIS-2010) of the Department of Posts.
PLI ONLINE
Reviewed by Dilavar Ghasura
on
16 September
Rating:
Reviewed by Dilavar Ghasura
on
16 September
Rating:
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