PLI Bonus Rates 2025-26
Postal Life Insurance Announces Bonus Rates for 2025-26
Download PLI Bonus Rates 2025-26 in PDF
New Delhi, December 5, 2024: The Ministry of Communications, Department of Posts, has officially declared the reversionary bonus rates for Postal Life Insurance (PLI) policies for the financial year 2025-26. The announcement, made via a notification from the Directorate of Postal Life Insurance, follows the actuarial valuation of the Post Office Life Insurance Fund (POLIF) as of March 31, 2024.
Bonus Rates for Postal Life Insurance Policies The declared bonus rates will apply to all claims arising due to death or maturity during the financial year 2025-26. The details of the bonus rates are as follows:
Whole Life Assurance (WLA): Rs. 76 per thousand of sum assured
Endowment Assurance (EA): Rs. 52 per thousand of sum assured (including Joint Life & Children Policies)
Anticipated Endowment Assurance (AEA): Rs. 48 per thousand of sum assured
Convertible Whole Life Assurance (CWLA):
Whole Life bonus rate applicable initially
On conversion, Endowment Assurance bonus rate will be applicable
Terminal Bonus: Rs. 20 per sum assured of Rs. 10,000, subject to a maximum of Rs. 1,000 for Whole Life Assurance and Endowment Assurance policies with a term of 20 years or more.
Implementation Timeline The newly announced bonus rates will be effective from April 1, 2025, and will be applicable until a future actuarial valuation determines revised rates.
Interim Bonus and Rounding Off
An interim bonus at the above-mentioned rates will be payable on all claims arising due to maturity or death until a new valuation is completed.
Any bonus amount involving a fraction of 50 paisa or more will be rounded off to the next higher rupee, while amounts below 50 paisa will be ignored.
Implications for Policyholders The declaration of these bonus rates ensures that policyholders continue to receive stable returns on their investments in PLI policies. This announcement reaffirms the commitment of the Postal Life Insurance Fund to providing secure and beneficial life insurance coverage to government employees and other eligible individuals.
Conclusion Policyholders are advised to review their insurance policies and understand the impact of these bonus rates on their claims. The Postal Life Insurance remains one of the most reliable and beneficial insurance schemes available to government employees, providing financial security and assured benefits.
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