APGLI Nomination Form AP Telugu PDF

PDF Name	APGLI Nomination Form AP
No. of Pages	1
PDF Size	0.08 MB
Language	Telugu
Tags	Application Form
PDF Category	Government
Source / Credits	Multiple Sources
Uploaded By	Pradeep

APGLI Nomination Form AP - Summary

If you are searching for the APGLI Nomination Form AP, you’ve come to the right place! This important document helps government employees manage their APGLI benefits effectively. Below, you’ll find detailed information about APGLI, which stands for Andhra Pradesh Government Life Insurance, and how it can benefit you.

Key Benefits of APGLI Andhra Pradesh Govt Life Insurance

Government employees aged between 21 and 53 years are eligible for APGLI Policies.
The APGLI Department provides only Endowment Policies that mature one day before the policyholder turns 58 years old.
APGLI policies do not lapse, ensuring your insurance remains valid.
The Premium rates offered are low, making it affordable.
APGLI Premiums are exempt from income tax under section 80C.
Enjoy attractive Bonus rates with your policy.
The current Bonus rate is Rs 100 for every Rs 1000 Sum Assured per annum.
You can receive loans up to 90% of the Surrender Value of your policy.
A simple interest rate of 9% per annum is charged on loans.
Upon maturity of the policy, the total Sum Assured and any Bonus accrued till that date are paid to the policyholder.
These Policies are safe from court attachments and Government dues, except for arrears on premiums or loans.
If the policyholder stops being a Government servant and chooses to surrender the policy, they will receive the Surrender Value and any eligible Bonus.
In the unfortunate event of the policyholder’s death before the policy matures, the full Sum Assured plus any Bonus until that date is paid to the legal heirs.

Download APGLI Nomination Form AP in PDF

You can easily download the APGLI Nomination Form AP in PDF format from the link provided below. This handy resource is perfect for government employees wanting to keep their insurance matters organized. Don’t miss out on securing your benefits! 📄

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