RPLI Gram Suvidha Policy

Gram Suvidha was introduced with six other rural postal life insurance policies in 1995 following an observation by The Malhotra Committee that insurance penetration in India is only at 22%. This led Postal Life Insurance to extend comprehensive life insurance coverage at affordable premiums to the rural population of the country. Of the six RPLI product offerings, the Gram Suvidha policy was introduced as a convertible whole-life insurance scheme.

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About RPLI Gram Suvidha

Gram Suvidha is a convertible whole life rural postal insurance policy that offers life cover up to the sum assured. The life cover remains in force till the time the policyholder attains the maturity age and if all the due premiums have been paid. The policy does not require the insured to undergo medical examinations if the sum assured is below Rs. 25,000, and his/her entry age is less than 35. 

What Is Convertible Whole Life Assurance?

A convertible whole life assurance policy means that the whole life cover originally proposed can be converted into an endowment assurance policy after a period of time. With Gram Suvidha, you can convert the whole life insurance coverage to endowment assurance on the completion of 5 policy years. The policy basically offers the benefits of Gram Suraksha (whole-life insurance) as well as Gram Santosh (endowment assurance). You can start off with the benefit of whole-life insurance and then convert it to the latter after 5 years. 

Note that if the policy is not converted within 6 years of the policy term, it will be treated as a whole life assurance policy only. 

Key Features Of Convertible Whole Life Policy - Gram Suvidha

  • Policyholders are covered against the risk of death till (s)he reaches the age of maturity. 

  • The policy can be converted to endowment assurance on completion of 5 years but only up to the 6th policy year. 

  • In the event of the death of the life assured before the maturity age, the total sum assured is paid to the assigned beneficiaries along with the accrued bonus amount. 

  • Loans against the sum assured can be availed after completing 4 policy years. 

  • The policy can be surrendered after 3 policy years, following which a reduced sum shall be paid to the policyholder. 

  • Bonus is not applicable if the policy is surrendered before completing 5 years. 

  • The latest bonus rate declared for the whole life assurance policy is Rs. 60 per Rs. 1000 sum assured. 

  • If converted to an endowment assurance policy, the bonus shall accrue at a rate of Rs. 48 per Rs. 1000 sum assured. 

Eligibility Criteria of Gram Suvidha

Criteria Minimum Maximum
Entry Age 19 years 50 years
Maturity Age Whole Life - 80 years
Endowment Assurance - 35, 40, 45, 50, 55, 58, or 60 years
Sum Assured Rs. 10,000 Rs. 10 Lakhs
Maximum Premium Ceasing Age 60 years

Important Benefits Offered Under RPLI Gram Suvidha Policy

The benefits offered by convertible whole life assurance postal policy are manifold.

  1. Benefits before policy conversion (Whole Life Insurance)

    If you do not convert your policy within 6 years, the policy shall be treated as a whole life assurance policy. The entitled benefits, in this case, are:

    • Death Benefit - If the death of the life assured occurs before attaining the age of 80, the sum assured on death is payable to the legal heir along with the accrued bonus rate of Rs. 60 per 1000 sum assured. 

    • Maturity Benefit - If the policyholder survives the maturity age of 80, the sum assured on maturity is payable along with the accrued bonus amount.

  2. Benefits after policy conversion (Endowment Assurance)

    If you convert the policy into an endowment assurance plan, you shall be entitled to the following benefits:

    • Death Benefit - If the policyholder dies before the pre-determined age of maturity, the assigned nominees can claim the full sum assured on death along with the accrued bonus at a rate of Rs. 48 per 1000 sum assured. 

    • Maturity Benefit - If the policyholder survives the pre-determined age of maturity, he/she can claim the complete maturity benefit plus the accumulated bonus. 

How To Buy RPLI Gram Suvidha?

Given the extensive network of post offices in rural areas, RPLI policies such as Gram Suvidha is distributed through these networks. Interested buyers can visit their nearest post office branch to buy this convertible whole life insurance policy.

The policy can also be bought online through the website of India Post or Postal Life Insurance. Follow the steps below to purchase Gram Suvidha policy online:

  • Visit the website of India Post and click on Postal Life Insurance. 

  • You shall be redirected to an external page; click on OK to proceed. 

  • Scroll to ‘Purchase a Policy’ and click on ‘Quote’ from the available functions.

  • Enter the requested fields, including contact details, date of birth, gender, residence, sum assured, etc. 

  • Under Product Type, select RPLI. 

  • Under Product Name, select Gram Suvidha. 

  • Select the Premium Ceasing Age from the options per your convenience. This is the age at which the premium payments for the policy shall cease.

  • Enter the letters as shown in the captcha below. 

  • Click on Get Quote.

  • This will give you the monthly, quarterly, half-yearly, and yearly premium quotes against the sum assured opted for. 

  • If you are comfortable with the premiums, you can proceed to buy the cover by clicking on Select. 

The above steps can be used to calculate the premiums against different sums assured to arrive at the most comprehensive coverage under budget. You can change the features in the Gram Suvidha premium calculator at your convenience and use it further to compare premium quotes and policies.


  • Can I convert Gram Suvidha into an endowment-based policy?

    Yes, Gram Suvidha can be converted to an endowment assurance policy after 5 years but no late than the 6th policy year.  
  • What are the age criteria to enter buy Gram Suvidha?

    Anybody in the age bracket of 19 to 50 years can purchase Gram Suvidha convertible life assurance policy. 
  • Can Gram Suvidha be purchased online?

    Yes, you can purchase the policy from the official websites of India Post or Postal Rural Insurance. 
  • What is the RPLI Gram Suvidha premium calculator?

    The RPLI Gram Suvidha premium calculator is an online tool that offers instant premium quotes against the desired sum assured. This tool can be used to accurately estimate premiums prior to purchase and compare different quotes to arrive at the best cover. 
  • Who can buy the Gram Suvidha policy?

    Anyone aged 19 to 50 years and residing outside the municipality of towns and cities can purchase this policy.
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