Quick Answer: Can PLI Pay Online?

Can I pay PLI premium online?

What are the pre-requisites to pay PLI/ RPLI policy premium online.

Register for PLI/RPLI online services..

Can PLI premium be paid in any post office?

Some love to come to PLI/ nearest post office and some others would not like to stand in a queue. Keeping this in mind, we have tried to provide facilities for all types of customers. If you are one of those who would feel comfortable to pay across the counter, let us inform you that you can do so in any post office.

Can I purchase PLI Online?

You can start the procedure of buying the policy online even if you are not a customer of India Post. You will be able to navigate to Purchase a Policy. Quote to select the suitable product and coverage for you. After this, you will have to fill personal, employment, medical and other information.

Is PLI better than LIC?

Premium Rate-When compares to LIC or any private insurers, PLI offers cheap premium. So this is the most advantage of buying endowment plans with PLI than with LIC. Bonus Rate-Bonus offered by PLI is in the range of 7% or more. Whereas currently, LIC offers a bonus rate of around 4% to 5%.

Which PLI plan is best?

Salient Features of PLI policiesWhole Life Assurance (Suraksha) Minimum & Maximum age at entry: 19-55 years. … Anticipated Endowment Assurance (Sumangal) It is a Money Back Policy with maximum sum assured of ₹ 50 lacs, best suited to those who need periodical returns. … Children Policy (Bal Jeevan Bima)

How is PLI maturity amount calculated?

PLI (Santosh) Premium & Maturity Calculator Calculated maturity is based on past bonus rates. … The bonus included in maturity is taken as declared for past years and previous year’s bonus for future years of policy term. Sum Assured is life cover amount between 20,000 to 50,00,000.