Postal Life Insurance Policy
For the Rural populace of India the Department of Posts has an insurance scheme called Rural Postal Life Insurance (RPLI). Giving this information in written reply to a question in the Rajya Sabha today, Shri Kapil Sibal, Minister of Communications and Information Technology, said that following steps have been taken to promote and popularize postal life insurance policy in the rural areas:
(i) Rural PLI processing work has been decentralized to Divisional level:- Bringing decision making closer to the common man thereby expediting sanction of loans, revival of lapsed policies and maturity claims. This allows contingent needs of the people to be met easily.