TSGLI Telangana State Govt Life Insurance Scheme Complete Information

Telangana State Governament Life Insurance Scheme TSGLI Previously APGLI Andhra Pradesh Life Insurance Scheme in Combined State AP. After the formation  of Telangana State on 02.06.2014 it has been renamed as TSGLI.



  1. Click here to Download TSGLI Related Forms
  2. Click here to Download TSGLI Policy Bond
  3. Click here for TSGLI Number Search
  4. Click here for TSGLI Policy Details
  5. Click here for TSGLI Policy Status
  6. Click here for TSGLI Slab Rates in RPS-2015 Vide GO MS No 49 Dt 27.04.2015

History of Govt Insurance:

  1. The APGLI Department is one of the oldest departments in the State. The Scheme was originally started in 1907 by the Nizam of erstwhile State of Hyderabad for the welfare of his employees.A Management Committee used to run the scheme initially in the name of Family Pension Fund. Later the scheme was renamed as Hyderabad State Life Insurance Fund in the year 1913.
  2. After formation of Andhra Pradesh state in 1956, the scheme was changed as "Andhra Pradesh Government Life Insurance Fund". The first Managing Committee meeting after formation of Andhra Pradesh State consisting of 4 members, one Secretary and a President was held on 25-9-1957 and Sri B.Gopala Reddi, the then Honorable Finance Minister was President of the meeting.
  3. APGLI Scheme is a Social Security Measure for the welfare of the Government    employees and is mandatory for all Government employees and provincialised Local Body employees.
  4. APGLI Department is under the Administrative Control of Finance Department.
FIRST PAY-FIRST PREMIUM-FIRST PROPOSAL

  • The Govt. vide G.O.Ms.No. 199 Finance(Admn.II) department dt-30/07/2013 the Govt. have removed the condition of requirement of one year service from the date of issue of Orders.These Orders are effective for the Policies issued w.e.f 01/08/2013.
  • The Drawing and Disbursing Officers concerned are therefore requested to recover the compulsory premium of A.P.G.L.I. amount which was prescribed in the Government orders from time to time to deduct the compulsory premium from the date of payment of first salary soon after he/she joins the Government service without waiting for completion of one year service, who are in the insurable age of 21-53 years.
Loan/Settlement of Claim cases
All the Policy Holders are hereby requested to submit the following information while submitting applications for sanction of Loan/Settlement of Claim cases for making payment online & sending SMS.
               1).Employee I.D Number.
               2).Mobile Number. 
               3).Xerox copy of First page of Saving Bank Pass Book to be enclosed to the application duly containing the following.
                                a).Showing Bank Account number
                                b).Bank branch name
                                c).IFSC Code
Otherwise such aplications will be objected without processing in future.
For issue of Policy:-
Mobile Number may please be mentioned in Proposal Form for sending SMS for fresh/enhanced policy number details.

 KEY POINTS FOR APGLI 
  1. The Government employees who are between 21 and 53 years of age are eligible for taking   APGLI Policies.
  2. The APGLI Department issues only Endowment Policies which mature one day before attaining(58) years of age.
  3. APGLI policies do not lapse.
  4. The Premium rates are low.
  5. APGLI Premium is exempted from income tax under section 80C.
  6. Attractive Bonus rates.
  7. The present rate of Bonus is Rs 100/- for every Rs 1000/- Sum Assured per annum.
  8. The Loans are sanctioned up to 90% of Surrender Value.
  9. Only Simple Interest of 9% per annum is charged against loans sanctioned.
  10. In case of maturity of the policy, the total Sum Assured and Bonus till Date of Maturity are paid to the policy holder.
  11. If the Policy Holder ceases to be Government servant, and decides to surrender the policy by discontinuing the payment of Premium, the subscriber will be paid the Surrender Value and the eligible Bonus.
  12. In case of Death of policy holder before maturity of the policy, the full Sum Assured along with Bonus till date of death are paid to the legal heirs.

Related Posts

Telangana Latest Updates

Hot News @tsteachers.in

Jobs and Recruitments

www.tsteachers.in

Telangana SSA Complete Information

RPS-2015 Complete Information

Top