Wednesday, January 26, 2022

Slide 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
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

Adoption of digital technologies needs an investment in acquiring and implementing the right technologies, says Archana Goel, Founder & IT Leader of Akshpro IT...

77 per cent of companies consider missing digital skills as the key hurdle to their digital transformation This is an exclusive interview conducted by Santosh...

5G radio solutions deployed by du to reduce network carbon footprint

This collaboration is part of du’s plan to simplify network rollout and efficiently manage the expected growth in data traffic over its 5G network...

AI supercomputer created by Meta

Once it is fully built around the middle of the year, the AI supercomputer will be the fastest in the world Meta, the parent company...

Cloudflare signals expansion in Asian region

To bring more bucks through the Cloudflare door, another role, titled "Regional Major Account Executive – Gaming and Online Casino" gets the job of...

Recent Comments