POSTAL LIFE INSURANCE

POSTAL LIFE INSURANCE

Postal Life Insurance (PLI) was introduced on February 1, 1884 with the express approval of the Secretary of State (for India) to Her Majesty, the Queen Empress of India. It was essentially a scheme of State Insurance mooted by the then Director General of Post Offices, Mr. F.R. Hogg in 1881 as  a welfare scheme for the benefit of Postal employees and later extended to the employees of Telegraph department in 1888. In 1894, PLI extended insurance cover to female employees of P & T Department at a time when no other insurance company covered female lives. It is the oldest Life insurer in this country. An ‘abhaya mudra’ - ‘symbol of protection’ with three leaves placed in a oval is the red colour logo of PLI. While the mudra symbolises protection, the three leaves mean growth and continuity.