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DXTRAOITDTNARY
qrrr l-qug 1

PART l-Section I

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PUTIL[SHED I}\/ A UTI-IOR I'rY
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(DriiECTOttAt.E OF pLr)
NOI'IFICA'f IOI.J
New De lhi, the 2lst Janr-rary. 20 |6
No' 5-l/20i5-l-l'-] hc Pt'cside't is pleasecl to the lbllorvi'g arncrchnerrts t. ,,1)ost
-2011" ptrtrlislrccl o, 2S'ri April, 'rakei' office Lir.e
lll:ffi;fJles 20lr cazeitc of rndizr No. 8S(part-r-secriorr-l

-fhc
crxlstrtrs P.ovisiort of'l(ulc -5(3fi) of Postal
Assut'ance" rlre'ns il iil'e instrrit'cc coltu'?Ict
Life insu'auce ItLrlc-2011 is as lollorvs:-,,whole
Lrf.e
ctte'ed into by Gove'rrrnent l;-;; grven sunl of nrorrey, on t'e
death ol an indiviciual, to his
{egal t'cPI'esenratir,., or. urrlgn. proviclcd the " lrolicy is i' force on thc clate of
deaIll".
l-his nray be r-eacl as :

''"Whole Li l'e AssLu.illrcc"


nrcans a lil.-e iustrrancc contract enter-cd
sunr of, Inoney \\i ith ilcc:r.uecl Llorrrrs to into by Gorrerrlllent to palr n girrerr
the insured ot-l attainirrg the age of- 80 yeat's,
represerrtati\ies or irssir4rrces 0n clcatl-r ot-to his/her. legal
r)f the i'sr.rred, rvhicheve' occrur-s ear-l ier-,
0n the clute of clairtr. ll'ovicled the policy is in {orce

v^r.)'rrx l,ruvrsron or t(ule )(g) o1-postal


")

of postar I_if.e
r_ift iinsurance Rure_20il is as fbilorvs:_..converr,bre
li;;::lll:"11::::::
\Vhole Life Assttt'iiltcc"' tt'tcans :t,ll:,:.11?]
"'ud'i.r a rrc
li l''e rrsufalrce
irrstu-alrce c.ntract
contr-act entet.ed
er.rt irrto by Governr-''errt to pay a given
lllolley' on tlte death ol''itlt incli'iciual to his surrr of
legal represcntutiu", o,l urrrgns /ith .rrtinn
gns \wlth option to
rn the nnri,-,, holcler-
rrrp poticy r..-r-r^- r^
to
*ry:
"'a"i o y?,,,,1il,:11:l:i::J':?::[:lJl:tHli
:; lffi iillto r.:t,t pe iocr at
of'r'isl( llTilil:l;,::,:::.:'i:f :f,l :.:,::nraturirrg-at
att Ettclotvrttent AssLlrance
v
lrv.
rvr,a

the s'ecifiecl age.

'l'his rnay be read as


;_

"cort'er-tible
\\/holc Lile Assu.ance" nrcans a lif-e i'surance
to l)ay a give'suirt oi''ttlottey rvitlt accruecl coutl.act c'tercci i'to [:y Govcr.'']ent
borrus to the insuled either-on attaining
dcath of the insu.ed to his/lrer'legal .epreserrtatives the age of.g0 years, or on
or assignees whichever occurs ear.lier, witlr
policv holde'to cortvcrt thc poliiy, atihe option to tlre
encl ors years iriil;
of-corn're'ceme't of isr< i.io arr E*crowrnent ;;;;;;.riocr at e'cl of 6 years) fr.o'r thc crate
Arru'una. maturing at a specified age.

Thcse arrcndntettts sltall bc ef-ltctive f'r'om


the clate of issue. Hincli ver.srqn will follow.
VISFIVAPAVAN pAJ'r, Crrief' cenerar Ma'ager
(pLI)

Printed by tlre [Vlanagr:r.. Go\rer.nrncrrt


of lrrclia [)r'ess, Iting I{oacl, Mayapu ri, Nevv | 0064
ancl Publislrccl by rhc Control Iel' of Publicatiorrs,
Dellri- I 10054.

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