Premium payment period for Postal Life Insurance & Rural Postal Life Insurance extended upto 30th April 2020

Hello friends Zonebusinnesupdate, on this occasion the admin wants to share an article entitled Premium payment period for Postal Life Insurance & Rural Postal Life Insurance extended upto 30th April 2020, we have made good, quality and useful articles for you to read and take information in. hopefully the post content is about Corona / Covid-19, DOP News, PLI and RPLI, which we write you can understand. Alright, happy reading.

Ministry of Communications

Premium payment period for Postal Life Insurance & Rural Postal Life Insurance extended upto 30th April 2020

Posted On: 30 MAR 2020 5:16PM by PIB Delhi

In view of the threat posed by the outbreak of Corona Virus (COVID-19), and the complete lockdown across India, Directorate of Postal Life Insurance(PLI), Department of Posts, Ministry of Communications has given an extension of period for payment of their due premium of March 2020 upto 30th April 2020 without charging any penalty/default fee. Directorate of PLI said that although many Post Offices are functional as part of essential services, Postal Life Insurance/Rural Postal Life customers are facing difficulty in  approaching post offices for payment of premium. Therefore, as a measure of convenience to all the PLI / RPLI customers, the period of payment has been extended.

 The decision is likely to benefit approximately 13 lakh policy holders (5.5 Lakh PLI and 7.5 Lakh RPLI)who have not been able to pay premium for current month. As compared to about42 lakh policy holders who paid premium last month, only 29 lakh of them have been able to pay premium for this month till today.

Customers registered on portal have also been advised to pay premium online using PLI customer Portal. 

That's the article: Premium payment period for Postal Life Insurance & Rural Postal Life Insurance extended upto 30th April 2020

Thank you for visiting my blog, hopefully it can be useful for all of you. Don't forget to share this article with your friends so they also know the interesting info, see you in other article posts.

You are now reading the article Premium payment period for Postal Life Insurance & Rural Postal Life Insurance extended upto 30th April 2020 with link address https://zonebusinnesupdate.blogspot.com/2020/03/premium-payment-period-for-postal-life.html