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hello friends...

As POLIF and RPOLIF are about to enter the stock market through the UTI and SBI mutual funds.. a look inside the POLIF and RPOLIF(Source:The Hindu)

Postal Life Insurance
Postal Life Insurance was started in 1884 as a welfare measure for the employees of Posts & Telegraphs Department under Government of India dispatch No. 299 dated 18-10-1882 to the Secretary of State. Due to popularity of its schemes, various departments of Central and State Governments were extended its benefits. Now Postal Life Insurance is open for employees of all Central and State Government Departments, Nationalized Banks, Public Sector Undertakings, Financial Institutions, Local Bodies like Municipalities and Zila Parisads, Educational Institutions aided by the Government etc

Rural Postal Life Insurance
On 24th March, 1995, the benefits of Postal Life Insurance were extended to rural populace of the country under the banner of Rural Postal Life Insurance.

While POLIF has a corpus of Rs. 8,934 crore, the money raised through RPOLIF stood at Rs. 1,625 crore as on March 2006

Thanking You,