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Bonus announced on RPLI Policies by Department of Posts

Bonus announced on RPLI Policies by Department of Posts

Apnainsurance.com Research Bureau

20 Jun 2008

The Department of Posts (DoP) declared a bonus of Rs 60 per Rs 1,000 sum assured for the Whole Life Assurance scheme in the Rural Postal Life Insurance (RPLI) segment.

As reported by The Economic Times, a DoP spokesman said that a bonus of Rs 50 per Rs 1,000 sum assured would be payable on the Anticipated Endowment Assurance plan of the RPLI.  He further added that the bonus of Rs 55 and Rs 52 per Rs 1,000 sum assured has been announced on the Endowment Assurance scheme for policies exceeding 10-year term and up to 10-year term respectively.

In Punjab and Chandigarh it has declared a bonus of Rs 874 crore on around 1,22,000 live RPLI policies.



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