Directorate of Postal Life Insurance issued an order having order number 04-04/2017-LI on 20 November 2017 to enhanced the PLI Bonus rate. In exercise of power conferred rule 3 of postal life insurance rule 2011 and on the basis of actual valuation of the assets and liabilities of Post Office Life Insurance Fund (POLIF) as on 31.03.2016 the Director general of post offices is pleased to declared a simple Reversionary Bonus on Postal Life Insurance Policies on their becoming claims due to death or maturity at the following rates. As per Postal Life Insurance Rule 2011, PLI Bonus will depend on current death claims and statement.
Rate of Bonus of Postal Life Insurance :-
- Whole Life Insurance – Rs.85 /- per thousand of sum assured
- Endowment Assurance – Rs.58/- per thousand of sum assured
- Anticipated Endowment Assurance – Rs.53/- per thousand of sum assured
- Convertible Whole life Policies – While life Bonus is applicable on conversion Endowment bonus will applicable.
This rates of Bonus for the year 2015-2016 from the date of notification.
Click Here to Download full order of PLI Bonus.