PLI (Postal Life Insurance) Bonus Rate 2022


Department of Posts (DOP) PLI Directorate issued notification on PLI (Postal Life Insurance) Bonus rate 2022. The Rate of PLI Bonus will be applicable from 01.04.2022

Ministry of Communications
(Department of Posts)
(Directorate of Postal Life Insurance)
New Delhi, the 14th January, 2022

F.No. 04-01/2019-LI – In exercise of powers conferred vide Rule 3 of Post Office Life Insurance Rules (2011) and on the basis of Actuarial Valuation of the assets and liabilities of Post Office Life Insurance Fund (POLIF) as on 31.03.2021, the Director General (Posts) is pleased to declare a simple Reversionary Bonus on the Postal Life Insurance Policies on their becoming claims, due to death or maturity at the following rates:-

Type of Insurance PolicyRate of Bonus
i. Whole Life Assurance (WLA)Rs. 76/- per thousand of sum assured
ii. Endowment Assurance (EA)
(including joint life & children policies)
Rs. 52/- per thousand of sum assured
iii. Anticipated Endowment Assurance (AEA)Rs. 48/- per thousand of sum assured
iv. Convertible Whole Life Policies (CWA)Whole Life bonus rate would be applicable, but on conversion, Endowment Assurance bonus rate will be applicable
v. Terminal BonusRs. 20/- pet dum assured of Rs. 10,000/- subject to maximum of Rs. 1000 for Whole life assurance and Endowment assurance policies with term of 20 years or more.

2. The rates of Bonus mentioned above for the Financial Year 2022-23 will be applicable from 01.04.2022.

3. Interim Bonus at the rates mentioned above will also be payable for all claims arising due to maturity or death until future valuation is completed.

4. The amount if Bonus involving a fraction of 50 paisa or more shall be rounded off to the next higher or death Rupee and fraction below 50 paisa shall be ignored.

Chief General Manager (PLI)

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