In view of the menace posed by the outbreak of Corona Virus (COVID-19), and the entire lockdown throughout India, Directorate of Postal Life Insurance coverage(PLI), Division of Posts, Ministry of Communications has given an extension of the interval for fee of their due premium of March 2020 upto 30th April 2020 with out charging any penalty/default payment. Directorate of PLI stated that though many Publish Places of work are purposeful as a part of important companies, Postal Life Insurance coverage/Rural Postal Life clients are dealing with issue in approaching put up workplaces for fee of premium. Due to this fact, as a measure of comfort to all of the PLI / RPLI clients, the interval of fee has been prolonged.
The choice is prone to profit roughly 13 lakh policyholders (5.5 Lakh PLI and seven.5 Lakh RPLI)who haven’t been in a position to pay a premium for the present month. As in comparison with about42 lakh policyholders who paid premium final month, solely 29 lakh of them have been in a position to pay a premium for this month until at the moment.
Prospects registered on the portal have additionally been suggested to pay premium on-line utilizing PLI Buyer Portal.
(With Inputs from PIB)
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