What is pli?
Postal life insurance (PLI) is similar to insurance plans offered by other insurance companies such as LIC (Life Insurance Corporation of India). PLI is the only insurer in the Indian Life Insurance market today which gives the higher return (bonus) with the low premium charged for any product in the market. Salient Features of PLI policies. Postal Life Insurance is one of the earliest insurance schemes to have been launched in India. Postal Life Insurance owned by Government of India offers different types of plans with high returns.