Do you know your Post Office also offers Postal  Life Insurance(PLI) cover? Even if you know then there is a huge confusion among buyers like whether to buy with the Post Office or with Life Insurance Corporation of India(LIC), because the Government of India backs both. So, Let’s see which one best? What is  Postal Life Insurance(PLI)? PLI (Postal Life Insurance) is exactly like any Life Insurance company, for example, LIC or SBI Life Insurance. Post office runs Postal Life Insurance. Postal Life Insurance currently offers only traditional policies. Therefore, no term insurance or ULIPs(unit-linked policies). Different types of policies …