Post Office Insurance Plan: Post Office life insurance plans offer better bonuses than private companies. Sitamarhi Postal Superintendent Manoj Kumar Lashkar said that by investing just Rs 1,000 per month in postal insurance, one gets a good bonus and maturity amount.
If you are also thinking of getting insurance, then this news is very important for you. Let us tell you that in the growing market of insurance plans, where private companies are giving limited benefits at high premiums, the Post Office Life Insurance Scheme (Post Office Life Insurance) is proving to be a boon for the common people due to its tremendous bonus and reliable facilities. Especially the bonus rate is so attractive that this plan is far ahead of other insurance companies.
Get bonuses
Sitamarhi Head Post Office Post Superintendent Manoj Kumar Lashkar told Local18 that the annual bonus rate in postal life insurance ranges from a minimum of Rs 42 to a maximum of Rs 75 per thousand. While in other insurance companies, this rate is a maximum of Rs 38 per thousand. That is, the profit received in the post office on the same premium can be almost double. This difference comes in the form of additional income of lakhs of rupees in the long run.
Deposit 10 lakhs, get 30 lakhs
For example, if a person takes an insurance policy of Rs 10 lakh from the postal department at the age of 19, he will have to pay only Rs 1000 per month as premium. For a period of 60 years, he will deposit a total of Rs 10 lakh. But on the maturity of the term, he will get an amount of about Rs 30 lakh and this benefit is possible only because of the bonus. It is important to understand here that in post office insurance, bonus is added to the sum assured every year, which turns into a bigger amount by the time the policy matures.
Awareness campaign is being conducted.
This bonus is added at a fixed rate every year and acts as a safe investment. The insurance plans of the Department of Posts are not only profitable but also safe as they are secured by the Government of India. Facilities like loan facility, tax benefits and policy transfer on the policy after three years make it more attractive. Manoj Lashkar also said that a campaign is being run to create awareness among the people in rural and urban areas so that more and more people can join this beneficial scheme.
