Personal Finance Hold an insurance policy with post office? Pay premiums before June 30 to avoid penalty Updated : June 24, 2020 07:09 PM IST Postal life insurance/rural postal life insurance (RPLI) customers should pay premiums for their policies till June 30 in order to avoid any penalty or default fee. The premiums can be paid for the month of March 2020, April 2020 and May 2020 during this period. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.