The Telangana State Government Life Insurance (TGLI) Department has activated the TGLI Policy Details 2024 link on its official website, tsgli.telangana.gov.in.
This feature allows government employees and pensioners to access and review their life insurance policy details online.
Why Check Your TGLI Policy Details?
Understanding your TGLI policy details is crucial for maintaining your financial security. This information includes the number of policies you hold, the monthly premium amounts, and important dates such as the policy start date and maturity date.
Regularly checking these details ensures that your coverage is up-to-date and you know the benefits and features available under your policy.
Steps to Access Your TGLI Policy Details Online
1. Visit the Official TGLI Website: To begin, use your web browser to navigate to the official Telangana State Government Life Insurance Department website at tsgli.telangana.gov.in.
2. Access the Policy Details Section: On the homepage, locate the “Policy Details” link under the “Online Services” tab in the menu. Clicking this link will direct you to the TGLI Policy Details page.
3. Enter Your Policy Information: You will be prompted to enter your policy number, date of birth, and the CAPTCHA code displayed on the screen. Ensure that all information is correct before proceeding.
4. View Your Policy Details: After submitting your details, click the “View Details” button. Your policy information, including the sum assured, premium amount, and maturity details, will be displayed on the screen.
5. Download and Print Your Policy Information: Review the displayed details carefully. You can download the policy information and print it for future reference.
Features of the Telangana State Government Life Insurance Policy
The Telangana GLI policy is a life insurance scheme specifically designed for government employees and pensioners in Telangana.
It provides financial protection to the policyholder’s family in the event of their death and also offers various savings benefits.
Participating Policy: This policy is a participating policy, meaning policyholders are eligible to receive bonuses declared by the government. These bonuses are added to the policy’s maturity value.
Policy Eligibility: Employees can avail the policy upon joining government service and is also available to pensioners. The eligible age range is 18 to 55 years, with the sum assured ranging from Rs. 5,000 to Rs. 50,00,000.
Policy Term and Premium: The TGLI policy has a maturity period of 20 years, with premiums payable annually. The premium is calculated based on the sum assured, the policyholder’s age, and the term.
Additional Benefits: The policy includes riders, such as accidental death benefits and permanent disability benefits, which can be added for an additional premium. It also provides a loan facility that can be availed after three years from the policy start date, subject to terms and conditions.
Payouts: In the event of the policyholder’s death, the nominee receives the sum assured and any accrued bonuses. Upon maturity, the policyholder receives the sum assured plus bonuses.
The Telangana State Government Life Insurance policy is an excellent option for government employees and pensioners seeking comprehensive life insurance coverage.
Regularly checking your policy details online through the TGLI website ensures that your coverage is accurate and up-to-date, helping secure your family’s financial future.
Follow the steps outlined in this guide to easily access and review your TGLI policy details. Keeping track of your policy information is essential for maximizing the benefits of your TGLI coverage.