Sir, Insurant of Postal Life Insurant expired before receipt of maturity value. Sanction for payment of maturity value of PLI policy was already issued, but insurant was hospitalized and was unable to surrender sanction copy and was unable to get payment from Department of Posts. How it will be treated ? Is is death claim to be preferred by legal heir or by nominee of the policy ? How and modalities please ?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 12 September 2017
The policy expired before the death of insured !!!
ReachISO
(Business)
(77 Points)
Replied 23 October 2017
Thanks for sharing this kind of interesting information.
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