What is Postal Life Insurance (PLI) SBT-13 Form

Postal Life Insurance (PLI) is a government-operated insurance scheme that provides affordable life insurance coverage to individuals. The Postal Life Insurance (PLI) SBT-13 Form is a crucial aspect of the high-value Postal life insurance policy processing, serving as the application form for acquiring insurance under this scheme.

The PLI SBT-13 form, also known as the  Special Bio-Chemical Tests report form used for life insurance applications in India. It specifically focuses on 13 key health markers through blood and urine tests.

Understanding Postal Life Insurance (PLI) SBT-13 Form

The Postal Life Insurance (PLI) SBT-13 Form is designed for individuals who want to enroll for a high-value Postal Life Insurance policy i.e. either a single or aggregate sum assured of more than 20 lakh. PLI SBT-13 Forms capture essential medical test details about the policyholder and serve as a mandatory medical report to consider the high-value policy of the proponent for terms of the insurance contract. In short:-

Who needs PLI SBT-13 Forms:

• Applicants for Postal Life Insurance (PLI) policies with a sum assured exceeding ₹20 lakhs (as of January 2024) i.e want to seek a high-value PLI policy
• Applicants for policy revival where the sum assured exceeds ₹20 lakhs.

Purpose PLI SBT-13 Forms:

• Assess the applicant’s overall health by analyzing key biochemical parameters.
• Help the insurance company evaluate the risk associated with issuing a life insurance policy.

Tests included in PLI SBT-13 Forms:

	Type of Test	Actual Reading
1	Fasting Blood Sugar
	(Method )
2	Total Cholesterol
	High Density Lipid (HDL)
	Low Density Lipid (LDL)
3	S. Triglycerides
4	S. Creatinine
5	Blood Urea Nitrogen (BUN)
6	S. Proteins
	(a) Albumin
	(b) Globulin
	© AG Ratio
7	S.Bilirubin
	(a) Direct
	(b) Indirect
	© Total
8	SGOT (AST)
9	SGPT (ALT)
10	GGTP (GGT)
11	S. Alkaline Phosphatase
12	HbsAg ( Australia antigen)
13	Elisa for HIV (Method )

Process of PLI SBT-13 Forms:

• The applicant fills out the PLI SBT-13 form and visits a designated laboratory approved by the insurance company i.e. any CGHS-approved laboratory. 
• The laboratory conducts the required tests and fills the form with the test results.
• The form is then submitted to the insurance company as part of the life insurance application.

Eligibility Criteria for PLI

Individuals must meet certain eligibility criteria to apply for a Postal Life Insurance policy (PLI) using the SBT-13 Form. Generally, government employees, including postal workers, and individuals affiliated with certain organizations are eligible for PLI.

Benefits of PLI SBT-13 Form

The PLI SBT-13 Form is used to assess the health condition of the proponent who wants to seek a high-value PLI policy,  based on the report of the PLI SBT-13 Forms, PLI can offer the best policy to the opponent. 

How to Fill Out SBT-13 Form

Filling out the SBT-13Form is a straightforward process.

• The applicant fills out the basic details in the PLI SBT-13 form ( Except medical test details)  and visits a designated laboratory approved by the insurance company i.e. any CGHS-approved laboratory. 
• The laboratory conducts the required tests and fills the form with the test results.
• The form is then submitted to the insurance company as part of the life insurance application.

Documentation Required

Along with the SBT-13 Form, applicants need to submit certain documents, including identity proof, address proof, and proof of income, to complete the insurance application process.

Submission Process

Once the SBT-13 Form and accompanying documents are prepared, applicants can submit them at their nearest post office or through PLI Agent to the tal Life Insurance department.

Importance of SBT-13 Form in PLI

The SBT-13 Form plays a crucial role in ensuring the smooth processing and determining the eligibility of high-value policy of proponent & maintaining transparency in the PLI system. It is a comprehensive record of the policyholder’s details and insurance coverage.

PLI SBT-13 Form

Conclusion

Postal Life Insurance (PLI) offers a reliable and affordable insurance solution to individuals seeking financial protection. The SBT-13 Form is the mandatory report for the opponent who wants to purchase a high-value PLI policy, hence all the findings in this test must be reported by the insurance very carefully.