Postal Life Insurance Scheme for Girl Child and Women

For a family, having a child plan is a vital requirement, as it helps the parents to meet the educational and marriage expenses of their child. With an emphasis on the women empowerment and girl child education, the new government has made a sincere effort at designing women and girl child oriented schemes to safeguard their present and have a bright future ahead, regardless of life’s atrocities. Often, insurance companies sell customized plans, but now the government organizations; such as, the Postal Department has jumped the bandwagon and has designed competitive child plans with the sole focus on women and girl child. 

Read more
Investing in your child's future:A wise decision & a loving choice
  • Insurer pays premium in case of loss of life of parent

  • Create wealth for child’s aspirations

  • Tax Free maturity amount+

  • 12+ plans available

We are rated~
rating
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
Policies Sold
In-built life cover
  • Insurer pays premium in case of loss of life of parent

  • Create wealth for child’s aspirations

  • Tax Free maturity amount+

  • 12+ plans available

Nothing Is More Important Than Securing Your Child's Future

Invest ₹10k/month your child will get ₹1 Cr Tax Free*

+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company
Get Updates on WhatsApp
We are rated~
rating
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
Policies Sold

This new move made by the Indian Postal Department will significantly improve the status of the women especially in the rural areas. Being in their nascent stage, these schemes will offer great financial help in bringing up the girl child. Although, the scheme will take some time to get started, but it will not be long before these plans will be executed on full scale.

National Award winner Anjali Devasher, member Postal Services Board confirmed that the schemes will be in effect, once they are implemented across all the seven pilot circles. It is about time something like this came up in the patriarchal society.

The Postal Life Insurance plan was first launched in 1884 exclusively for the post office employees. However, today the scheme is available to all the employees of the Central and State governments giving the citizens a better option to provide for their daughters and women.

The Postal Life Insurance Scheme for Girl Child and Women has been implemented for the defense and paramilitary forces, and the Education sector. Earlier in 1995, this plan had been rolled out for the rural people as the Rural Postal Life Insurance Scheme.

Foreign Direct Insurance investment will not affect the schemes offered by the Indian Postal Department. The clientele is fixed, that’s why it won’t happen. The number of policies under this new scheme signed up so far has reached a staggering figure of Rs.2.86 crores. The corpus size measures to be Rs. 55,000 crore, and the total sum assured for all policies is Rs. 2,01,373 crores. What these numbers together indicate that every girl child in the country will receive her right to education and health without fear. Facilities like schooling and health care will no longer be a challenge after such policies comes into effect.

These factors will make the Postal Life Insurance Scheme for Girl Child and Women schemes hard to ignore. And, so it’s vital that every rural family should think about getting this profitable insurance plan, after it is launched for the public.

You may also Like to Read: SBI Sukanya Samriddhi Yojana

(Source: This article has been adapted from the article "Postal Department to Come Up With Insurance Policies for Girl Child, Women " that appeared on 27th January 2015 in newindianexpress.com/)

Investment Investment
Secure Secure
Child Banner
Secure your child’s future with or without you
Start Investing
₹10,000/Month
& Get
₹1 Crore*
*Standard T & C Apply

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The lumpsum benefit is calculated if policyholder invested ₹10000 monthly for 10 years in the fund with a policy term of 20 years. This Point To Point past performance data of last 10 years has been used to illustrate a scenario for the customers benefit. It is assumed that the past 10 years returns would have also been delivered in last 20 years. This is not guaranteed and not in anyway indicative of what the customer may actually get 20 years from now. The investment is subject to market risk and the risk is borne by the policyholder.
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

child plan investment

Investment

child plan secure

Secure

Secure your Child’s
Career Goal
Start Investing ₹10,000/Month
& Get ₹1 Crore*
*Standard T & C Apply
Insurers Offering Child Plans

Tata AIA

Aditya Birla Sun Life

Bajaj Allianz

Max Life

HDFC Life

ICICI Prudential

Bharti AXA Life

Edelweiss Life

Kotak Life

Future Generali

PNB MetLife

SBI Life

Aviva

Bandhan Life

Canara HSBC

IDBI Federal

IndiaFirst

Pramerica Life

Reliance Life

Sahara Life

Shriram Life

Star Union

View more insurers
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Child Plan3

Child plans articles

Recent Articles
Popular Articles
Vahli Dikri Yojana

18 Jul 2024

The Vahli Dikri Yojana, launched in Gujarat, India, aims to
Read more
Janani Suraksha Yojana

17 Jun 2024

The Janani Suraksha Yojana (JSY), launched in 2005, is a program
Read more
Sukanya Samriddhi Yojana Online Payment

10 Jun 2024

The Sukanya Samriddhi Yojana (SSY) is a government-backed
Read more
Sukanya Samriddhi Yojana Passbook Online

07 Jun 2024

The Sukanya Samriddhi Yojana (SSY) is a government scheme in
Read more
Pradhan Mantri Matru Vandana Yojana

06 Jun 2024

The Pradhan Mantri Matru Vandana Yojana (PMMVY), launched in
Read more
Top 12 Government Schemes for Girl Child
  • 29 Apr 2022
  • 21073
Top 12 Government Schemes for Girl Child Government schemes for the girl child are a vital aspect of social welfare
Read more
Chief Minister Ladli Behna Yojana
  • 25 Sep 2023
  • 4500
The Ladli Behna Yojana is a Madhya Pradesh government initiative aimed at empowering women through financial
Read more
Prime Minister Schemes For Boy Child
  • 05 Apr 2022
  • 17170
The Prime Minister Schemes for Boy Child stand as an important initiative aimed at nurturing the boy child and
Read more
How to Check Post Office Sukanya Samriddhi Yojana Account Balance
  • 09 Jul 2021
  • 20387
The Sukanya Samriddhi Yojana is a savings scheme launched in the year 2015 by Prime Minister Narendra Modi under
Read more
Best Investment Plans for Girl Child in India
  • 18 Oct 2021
  • 17459
Investing in the future of a girl child is one of the most important financial decisions a parent or guardian can
Read more

top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL