PRESS NEWS
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. RJ/NG (Release ID: 1609288)
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