2 July : The Postal Service Department, Nagaland has introduced the Rural Postal Life Insurance (RPLI) in the State for insuring lives of the people residing in the rural areas with the highest Bonus and Lowest Premium.
The main objective of RPLI is to insure prosperity of the family members on the death of the bread earner of the family on payment of a nominal premium and to insure the lives of the villagers/rural people and insure their security and prosperity on payment of nominal premium. The Government of India introduced the Postal Life Insure Scheme in the year 1884 and it has attractive plans to suit individual and insurance needs. Rural Postal Life Insurance (RPLI) was launched in the year 1995 and since then it has attained huge success.
Business and hecticness has become a vital part of human life today and increasing in the same ratio are adversaries, accidents and damage, hence, the security of human life and family has become more important. The new scheme (RPLI) has been extended to all the residents of the rural areas. Some of the salient features of the Scheme are Low Premium, High Bonus, Risk cover, Non-lapse, Double Benefit, Loan, Reinstatement Revival etc. Payment of assured sum can be encashed from any Post Office. A Short Term Anticipated Endowment Assurance (AEA) specially designed for rural insurants guarantee special relief in case of natural calamities affecting the insurant directly.
All persons who are admitted to the benefits of the Postal Life Insurance has direct Government security for payment at the proper time of the money due to them. The Scheme of RPLI, which has the aim to cover the rural people, is administered and operated by the Department of Postal Services.