39 Terms Used In PLI RPLI Everyone must know
(1) “Acceptance letter” is an intimation sent by Postmaster General/ Accepting Authority to the proposer regarding acceptance of proposal.
(2) “Accepting Authority” means an officer who is authorized to accept the proposal for Postal Life Insurance policy / Rural Postal Life Insurance policy.
(3) “Age proof” means the proof given by the proposer to determine his/her age on the next birth day on the date of proposal.