GPSC Recruitment for various positions
Gujarat Public Service Commission announces recruitment for various posts
GPSC has announced recruitment for the posts of Class 1-2, Deputy Mamlatdar / Deputy Section Officer, Inspector of Police (PI).
GPSC Recruitment for various positions
Limits of Sum Assured in Postal Life Insurance
A policy under this scheme will be available in two plans, one of 15 years and the other of 20 years term. The minimum age at entry for both the plans shall be 19 years on the next birth day whereas the upper age limit shall be 45 years and 40 years for 15 years and 20 years term respectively. The sum assured under both the plans shall be paid in four installments as given below Table IV & Table X.
In case of the death of the insured at any time during the term of the policy, the full sum assured will be paid along with the accrued bonus without making any adjustment of the periodical survival benefit payments already made.
Neither any surrender value nor any loan shall be granted for the policy issued under this scheme. No conversion from/to this policy is permissible. In the event of cessation of premium before maturity age, the reduced paid-up assurance will be granted, provided premiums have been paid for not less than three years, only at the date of maturity, that is at the end of stipulated plan term or on death of life assured, and no further periodical payments on account of survival benefit will be paid.
9.
GPSC Recruitment for various positions
LIFE INSURANCE AND ENDOWMENT ASSURANCE AND OTHER TYPES OF ASSURANCE
In every case except that of Anticipated Endowment Assurance and Joint Life Assurance, the maximum number of monthly premiums payable is twelve times the difference between the age at entry according to which the premium is charged and the age at which payments are to cease. In case of Anticipated Endowment Assurance and Joint Life Assurance, the maximum number of monthly premiums payable is twelve times the selected term
In case of Endowment Assurance, Policy can also be made effective by making Quarterly/ Half Yearly/ Yearly payment of premium, as per the mode opted by the insurant at the time of proposal, specified in Tables II-A/ II-B/ II-C, respectively. Anticipated Endowment Assurance and Joint Life Assurance can be made effective by making a monthly payment of premium till the end of selected term or death of the insured person, whichever is earlier, as specified in Table IV15 and Table V4 respectively of these rules. The monthly payment in respect of Children Policy shall be regulated by Table VI1 of these Rules.
GPSC Recruitment for various positions
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