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Old 12-14-2007   #1
 
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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,

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Dr. Rudra Lad
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Old 09-08-2009   #2
 
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Hi,
Thanks for your informative article on Postal life insurance. This will help rural people to know about the life insurance. Here is an online tool which I would also like to recommend you that help people to plan their insurance according to their need & budget.
Please check this out at - ***********************

Last edited by satish; 09-08-2009 at 11:14 PM.. Reason: Please do not submit useless link
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Old 11-26-2009   #3
 
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Life Insurance the problems are different ..

1. Agents get high commisons ..to sell bakwas products
2. No insurance covers Pregnant woman .
3. No insurance after certain age when it is needed the most .

Many more ... lots to speak abt this some time
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