Ali Asgar: Know Here what is RPLI and its Benefits?
AliasgarLIC
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Aug 09, 2022
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About This Presentation
The basic scheme of Rural Postal Life Insurance (RPLI) was first introduced on March 3, 1995, for rural people of India.
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Added: Aug 09, 2022
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AliAsgar LIC Agent In Delhi NCR
What is Rural Postal Life Insurance?
The Rural Postal Life Insurance Scheme was established in 1995 with the goal of providing affordable life insurance to the majority of rural Indians. According to the Malhotra Committee's recommendations, the policy places a major emphasis on underprivileged groups and female workers.
Benefits of Rural Postal Life Insurance
RPLI policies provide the policyholder with a number of advantages and facilities. The advantages provided by Rural Postal Life Insurance are as follows:
During the term, the policyholder may alter the nomination, at any point. Policies under the RPLI offer the benefit of assignment.
The policyholder is eligible for a loan secured by RPLI insurance. In order to use the policy as collateral for the loan, endowment assurance plans and whole life assurance plans must each last for three and four years, respectively. Reviving the expired RPLI policy is possible.
According to the rules, it is also permissible to convert a policy from endowment assurance to whole life assurance and vice versa. The policyholder may request the creation of a duplicate policy bond if the original RPLI policy bond is destroyed, lost, shredded, burned, or otherwise damaged.
Thank You Website - https://www.aliasgar.in/ Phone No. - 8588884976 E-mail - [email protected] Address – 12/56, Deshbandhu Gupta Road, Karol Bagh, New Delhi - 110005