PLI/ RPLI BONUS OF THIS YEAR

இந்த ஆண்டிற்கான PLI / RPLI க்கான

போனஸ் அறிவிப்பு

MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY

(Department of Posts)

(DIRECTORATE OF POSTAL LIFE INSURANCE)

NOTIFICATION

New Delhi, the 29th October, 2012

No. 5-1/2007-LI.-In exercise of powers conferred vide Rule 3 of Post Office 

Life Insurance Rules, 2011 and on the basis of Actuarial Valuation of the Assets 

and Liabilities of Rural Post Office Insurance Fund as on 31-3-2009,

the Director General (Posts) is pleased to declare a simple 

reversionary Bonus for the year ending 31-3-2009 on the

 Rural Postal Life Insurance Policies on their becoming claims, 

due to death or maturity at the following rates :

Type of Insurance Policy Rate of Bonus

01	Whole Life Assurance (WLA)	Rs. 65 per thousand sum assured
	Endowment Assurance (EA)	Rs. 50 per thousand sum assured
03	Anticipated Endowment Assurance	Rs. 47 per thousand sum assured
04	Convertible Whole Life Policies Whole life bonus	rate ,would be applicable but on conversion, endowment bonus rate will be applicable.

2. The rate of Bonus for the year 2008-09 will be applicable from the 

     date of receipt of this Notification by the Circles and this will also be

     applicable to claim cases received but not settled till the date 

     of receipt of this  Notification.

3. Interim Bonus at the rates mentioned above will also be payable for 

    all claims arising due to maturity or death until future valuation is completed.

4. The amount of Bonus involving a fraction of 50 paisa or more 

     shall be rounded off to the next higher Rupee and fraction below 50 paise shall be ignored.

5. This issues with the concurrence of Finance Advice (Postal) 

      vide their Dy. No. 1356 dated 25-10-2012.

       A.K. PODDAR, General Manager(PLI)

     Equivalent to the Rank of Jt. Secy. , Government of lndia