APGLI Refund Form Andhra Pradesh Telugu PDF

APGLI Refund Form Andhra Pradesh - Summary

Understanding the APGLI Refund Form for Andhra Pradesh Government Life Insurance

The APGLI Refund Form is crucial for government employees in Andhra Pradesh who wish to claim their benefits. This essential form facilitates a smooth refund process. Whether you want to download the APGLI Refund Form PDF or seek details about your policy, keeping yourself updated is very important.

Key Features of APGLI Andhra Pradesh Government Life Insurance

• Government employees aged between 21 and 53 years can apply for APGLI Policies.
• The APGLI Department exclusively issues Endowment Policies, which mature one day before the insured turns 58 years old.
• APGLI policies are designed to stay active without lapsing.
• Premium rates for APGLI are quite low.
• APGLI Premiums are exempt from income tax under Section 80C.
• Attractive Bonus rates are offered to policyholders.
• The current Bonus rate is Rs 100/- for every Rs 1000/- Sum Assured annually.
• Loans can be sanctioned up to 90% of the Surrender Value.
• Only Simple Interest of 9% per annum is charged on the sanctioned loans.
• Upon maturity of the policy, the total Sum Assured and accrued Bonus till the Date of Maturity are paid to the policyholder.
• These Policies are exempt from court attachments and government dues, except for pending premiums or loans.
• If a policyholder stops being a government servant and chooses to surrender their policy, they will receive the Surrender Value along with the eligible Bonus.
• In the unfortunate event of a policyholder’s death before maturity, the full Sum Assured along with the Bonus until the date of death will be given to the legal heirs.

Steps to Access the APGLI Refund Form PDF

This APGLI Application Refund Form, meant for situations other than death, is available for online download in PDF format. You can easily access this form and begin your refund process. Make sure to fill it out correctly to avoid any delays.

Remember, managing your APGLI policies is vital for ensuring your financial security! 🌟

To download the APGLI Refund Form PDF, please follow the link provided below.

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APGLI Refund Form Andhra Pradesh Telugu PDF Download