Post Office's Carrier Postal Life Insurance Plan is an endowment policy. This is a very useful project for people living in rural areas. There are two types of projects. One is a 15 year policy. The other is a 20-year policy. The entry age for this policy is 19 years. The maximum age is 45 years.
With this life insurance plan you can invest Rs.95 per day as premium and earn Rs.14 lakh. The project was launched in 1995. Gram Sumangal is one of the six Grama Niladhari Life Insurance Schemes.
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