Friday, July 1, 2022

Slide
Home Technology Digilocker: Department of Posts launches digital version of the postal life insurance...

Digilocker: Department of Posts launches digital version of the postal life insurance policy

Vineet Pandey, Secretary Posts, while inaugurating the ePLI bond said, by providing ease of access and quick claim settlements, ePLI bond is the department’s first digital integration with Digilocker, which will facilitate citizens in a meaningful way

On Tuesday, the Department of Posts launched a digital version of the postal life insurance policy – ePLI bond, which subscribers can access through Digilocker. For all transactions, the Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) policy bonds are available in the ‘electronic form’, and the digital copy will be treated as a valid policy document by the department, the Department of Posts (DoP) said.

Vineet Pandey, Secretary Posts, while inaugurating the ePLI bond said, by providing ease of access and quick claim settlements, ePLI bond is the department’s first digital integration with Digilocker, which will facilitate citizens in a meaningful way.

ePLI bond is made available in collaboration with Digilocker, developed by the National e-Governance Division (NeGD) of the Ministry of Electronics & IT (Meity).

“If the user is holding multiple postal and rural PLI policies like endowment assurance, anticipated endowment assurance, whole life assurance, convertible whole life assurance, child policy, Yugal Suraksha (in PLI) and Gram Priya (in RPLI), all of the policies can be downloaded immediately after the issue of the policy bond by the Department of Posts”, it said in a statement.

The policyholders need not wait for the delivery of the physical copy of the PLI policy bond, and the facility is available for all new and old policyholders.

“The policyholder will get the benefit of presenting the digital copy during the maturity settlement at the Post office from the Digilocker mobile app’s issued section. The digital copy will be treated as a valid policy document by the Postal Department”, the statement said.

Without the hassle of carrying the physical copy, the policyholder will also be able to use the ePLI Bond as proof for effecting any changes that are required in the policy document like address change, nomination etc.

Also readCIO News interviews Shri Wangki Lowang, Minister (IT) of Arunachal Pradesh

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.

khushbu Soni CIO News Mercadeo
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -1x1 banner1x1 banner1x1 banner1x1 banner

Most Popular

GBM conducts artificial intelligence event, UAE organisations to increase spending

The artificial intelligence event delved into how organisations can get started on their AI journeys For an exclusive artificial intelligence event, GBM has brought together...

Clean technology: LG to invest $1.5bn

The push in the clean technology sector will help LG make "a shift toward more high-value industries" LG Corp, South Korea's fourth-largest conglomerate, said on...

AI technology firm Nala Robotics to supply Slice Factory with its autonomous chef

Under the terms of the agreement, to help fuel national expansion efforts the AI technology company will custom design and install Pizzaiola at Slice Factory's...

There shouldn’t be a separation between business and technology, says Deepak Garg, Co-Founder and Chief Technology Officer (CTO) at Dista

The real value a technologist can bring is alignment of technology with actual business needs When asked how he planned his career path to be...

Recent Comments