Postal Life insurance is one of the oldest companies in India, having been established in the country in 1884, whilst India was still a British colony under the rule of Queen Victoria. While the scheme was initially set up to provide British postal services with a welfare cover, it was soon extended to cover employees for the Telegraph Department as well. This scheme, since 1884 has been developed and expanded, resulting in what we know as a PLI scheme.

PLI schemes for Rural areas function similarly to PLI schemes offered to various other facets of the country and government such as the central and state governments, defence services, the RBI, nationalised banks, Deemed universities as well as other financial institutions, to name a few. In rural areas, the scheme is meant to provide the people with an opportunity to now afford a life insurance plan and ensure the wellbeing of their families. PLI schemes in rural areas hold special importance, as households tend to depend on a sole breadwinner for survival. In the event of this individual’s death, families often have no means for survival. PLI schemes for rural areas aim to counteract this. 

In this article, let’s take a look at the PLI schemes in rural areas.

Type of Policies Under Post Life Insurance Schemes in Rural Areas

  • Whole Life Assurance (Gram Suraksha)

As part of this PLI scheme for rural areas, the Gram Suraksha scheme is a life insurance policy that provides the promised sum along with the accrued bonus to the insured at the time of turning 80 or to the legal representatives, or next of kin in the case of death.

The scheme is available to individuals between the ages of 19-55 years, has a maximum sum assured value of 10 lakhs, and can be surrendered after the first three years.

  • Endowment Assurance (Gram Santosh)

One of the PLI schemes for rural areas, the Gram Santosh scheme allows the insured to get a payout of the sum assured plus the bonus accrued over time at the time of turning a predetermined age ranging between 35 to 60 years. In case of death, the payment is made to the nominee in the policy.

The scheme allows for a maximum cover of 10 lakhs and can be availed of by Individuals between 19 and 55 years of age.

  • Convertible whole life assurance (Gram Suvidha)

The Gram suvidha PLI scheme for rural areas offers similar facilities as the previous two schemes, with the addition of being able to opt for an Endowment Assurance Policy after the first 5 years of the policy.

Individuals between 19-45 years of age are eligible, and the maximum sum assured stands at 10 lakhs.

  • Anticipated Endowment Assurance (Gram Sumangal)

This PLI scheme for rural areas is a moneyback scheme that offers periodic returns and has a maximum sum assured of 10 lakhs. Under this policy, the insured receives Survivor benefits until the term lapses. If death occurs, the payout is adjusted for these Survival payments.

  • 10-year Rural PLI (Gram Priya)

This is also a money-back scheme. Under this PLI scheme for rural areas, the term length is maxed out at 10 years, with a maximum cover of 10 lakhs as well.

  • Children Policy (Bal Jeevan Bhima)

This PLI scheme for rural areas is meant to benefit the children of policyholders, and provides them with life insurance. Under the scheme, a maximum of two children can be insured and children between the ages of 5-20 years are eligible.

Features of Rural Post Life Insurance Policies (RPLI)

  • Sum assured.

All PLI schemes for rural areas offered by the government allow for a maximum sum assured value of 10 lakhs that an individual can avail of. The minimum value stands at 10,000.

  • Surrender.

Most PLI schemes for rural areas allow the policy to be surrendered after a certain time period, ranging from 3 to 5 years.

  • Loan facility.

All PLI schemes for rural areas also offer a loan facility on the PLI scheme that can be availed of after a certain time period, ranging from 3 to 4 years.

  • Accrued Bonuses.

All PLI schemes for rural areas offer a bonus that accrues over time at the rate of 50-65 rupees per 1000 per annum.


RPLI Policy Registration Process


  • Visit your nearest post office and fill out a form to register your mobile number and email ID.

  • Generate the customer ID from

  • You will be redirected to the portal page.

  • Fill in required information such as identification proof sum, sum assured etc.

  • Click “Submit” .

Documents Required for Registration of Rural Post Life Insurance Policies (RPLI)

  1. Proposal Form.
  2. Proof of age through Birth certificate, PAN card, passport, driver’s licence etc.
  3. Proof of residence.
  4. ID proof to confirm eligibility.
  5. Marriage Proof.
  6. Proof of income.


PLI schemes for rural areas are designed to provide individuals residing in these areas with the opportunity to secure the financial future of their family in the case of their demise. Unlike term insurance plans, most PLI schemes for rural areas can also be treated as an investment, since they have a payout that comes with a bonus. If you are looking to purchase a PLI or RPLI scheme, the Bajaj Markets website has you covered. Visit the Bajaj Markets website to purchase your PLI scheme today. 

FAQs on PLI Schemes in Rural Area

What is the maximum sum assured for a PLI scheme for rural areas?

The scheme ranges from 10,000- 10 lakhs.     

Who is eligible for a children’s policy?

Any PLI/RPLI policyholder below the age of 45 can take this policy for their children ranging 5 to 20 years in age. 

Where can I submit the claim on a policy?

You can do so at the nearest post office. 

Where do I make premium payments?

It can be done through the following link : 

Any prerequisites to make the premium payments online?

Yes. You need a valid phone number and email address. 

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