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ANDHRA PRADESH GOVERNMENT LIFE INSURANCE SCHEME(APGLI)

APGLI NELLORE OFFICE ADDRESS	ASST.DIRECTOR DISTRICT INSURANCEOFFICE D.NO.25-02-2A MSR COMPLEX (MAGNA SUPER MARKET UPSTAIR) PODALAKUR ROAD CENTRE DARGAMITTA POST NELLORE-3 0861 2339436

G.O.Ms.No.36, Dated5-3-2016 - Public Services – Andhra Pradesh Government Life Insurance Scheme –Revision of Pay Scales with reference to Revised Pay Scales, 2015 for deduction of Andhra Pradesh Government Life Insurance Compulsory Premium(APGLI)
Scheme for implementation with immediate effect as specified below:

Existing Slabs Rates		Revised Slab Rates
Pay Slabs	Monthly Premium Rs.	Pay Slabs	Monthly Premium Rs.
Pay from Rs. 6700 to Rs. 8440	250-00	Rs. 13000 to Rs. 16400	500-00
Pay from Rs. 8441 to Rs. 10900	350-00	Rs. 16401 to Rs. 21230	650-00
Pay from Rs. 10901 to Rs. 14860	450-00	Rs. 21231 to Rs. 28940	850-00
Pay from Rs. 14861 to Rs. 18030	600-00	Rs. 28941 to Rs 35120	1150-00
		Rs. 35121 to Rs. 49870	1400-00
Pay from Rs. 18031 to Rs. 25600 Pay from Rs. 25601 and above	750-00 1000-00	Rs. 49871 and above	2000-00

HISTORY OF APGLI

The APGLI Department has a very long and glorious history. It is one of the oldest departments in the State. The Scheme was originally started during 1907 by the Nizam of erstwhile State of Hyderabad for the welfare of 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.
After formation of Andhra Pradesh state in 1956, the scheme was changed as "Andhra Pradesh Life Insurance Fund""Andhra Pradesh Government Life Insurance Fund"and was made mandatory to all Government Employees. 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.
APGLI Scheme is a Social Security Measure for the welfare of the Government Employees. The Policyholders will get full Sum Assured plus Bonus till date of Maturity of policy and in case of premature death, their legal heirs will receive full Sum Assured plus Bonus till date of death. In case, if the Policyholder quits Government Service and opts to surrender his/her policy, policyholder gets Surrender Value of the policy.
APGLI Department is under the Administrative Control of Finance Department.

GO.199,Dt.30/7/13, APGLI Subscription from the 1st Month of Joining, No need to wait One Year.

GO.189,Dt.10/7/13-APGLI New Proposal for Fresh and Further Policies

GO.2931, Dt.10/7/13-Online Payment of Claims and Loans of APGLI Policies instead of Cheques

GO.124, Dt. 25/05/13, No Need to Submit Proposal for Enhancement of APGLI Policies.

G.O.Rt.No. 2142 Dated: 30-04-2013-Rate of interest for the Financial Year 2013-14 is 8.7%

GO.132, Dated: 25/6/2011-APGLI-Revised Bonus Rates @Rs.110/- per annum-Reg.

Enhancement of Insurable Age from 48 to 56 Years-GO.Ms.No.16.

Extension of APGLI Scheme to Municipal Empl.-GO.Ms.No.25

APGLIRevised Slab Rates as per PRC-2010. GO.Ms.No. 231

GO Copy for Enhancement of Premium upto 20% of Basic Pay

GO.Rt.No.2425, Dt.10/5/2012, Rate of Interest 8.6% with effect from 1/12/2011.

G.O.Rt.No.2735 Dated 16-06-2012, Rate of Interest 8.8% with effect from 1/4/2012