GK
GOVT SCHEMES POLICIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The maxium age at entry for Gram Santosh Rural postal life insurance scheme is ____?
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35 years
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40 years
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45 years
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50 years
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Explanation:
Detailed explanation-1: -Applicants to the Postal Life Insurance policy must be between the ages of 19 and 40 years or 45 years for 20 years and 15 years’ policy respectively. Policyholders cannot take a loan against this PLI Sumangal policy. Last declared bonus was Rs 53 per Rs 1000 sum assured per year.
Detailed explanation-2: -Under this scheme the proponent is given an assurance to the extent of the Sum Assured and accured bonus till he/she attains the pre-determined age of maturity.
There is 1 question to complete.