Codes for new categories of clientele of PLI

Some new categories of clientele under PLI have been added in Rule 6 of Post Office Life Insurance Rules-2011 vide Notification of even No. dated 18.10.2012 published in the Gazette of India No. 240 dated 18.10.2012 circulated vide this office letter of even No. dated 29.10.2012.

2.       Rule 16 of Manual for Circle Offices provides for suffixing letter(s) to the PLI policy number as per the organization to which the insured is belonging. As such, following codes may be assigned (sufficed) to policy numbers of PLI issued to the insured belonging to new categories added vide Notification ibid:

SI. No.	Category	Code
i	Employees on contract basis by Central Govt.	CC
ii	Employees on contract basis by State Govt.	CS

RPLI Bonus RatesPublished

Whole Life Insurance                        :  65 Per Thousand 

Endowment Insurance                       :  50 Per Thousand

Anticipated Endowment Insurance   :  47 per Thousand

Award of Gold Certificate and Cash Awards for outstanding performance in procuring PLI/RPLI business for the year 2010-2011

Copy of Directorate of Postal Life Insurance No.19-01/2010-LI dated : 29.10.2012

             Based on reports received from Circles , the following official have been found eligible for awards towards the business procurement during the year 2010-11 . Cash award of Rs. 10000/-, Rs. 7500/-  and Rs. 5000/- each respectively for the first, second and third for procurement of effective business are to be given away along with a Certificate to the awardees as detailed below.

Awards for PLI Business :

D.Os (PLI)

Name of Circle		Name of DO		Position
Tamilnadu		Sh R.Venkadesan		First
Tamilnadu		Sh A.Mohammad Abbas		Second
Tamilnadu		Sh I.Chan Basha		Third

F.Os (PLI).

Name of Circle		Name of FO		Position
Tamilnadu		Sh R.Perumal		First
Delhi		Sh. Dharam Pal		Second
Delhi		Sh V.P.Chitkara		Third

Departmental officials

Name of Circle		Name of Departmental officials		Position
APS		W.O S.V.Singh		First
APS		W.O G.Basha		Second
Gujarat		Sh Arvind Kumar		Third

GDS Employees

Name of Circle		Name of GDS		Position
Jharkhand		Sh Raj Kumar Thakur		First
West Bengal		Sh Purnan Ch.Dey		Second
Jharkhand		Sh K.K.Upadhya		Third

One Lady official among all categories

Name of Circle		Name of Lady		Position
Tamilnadu		Ms B. Jansi Rani		First

First three Divisions who have procured highest effective PLI business.

Name of Circle		Name of the Division		Position
APS		A TNK & K Area SDS Unit		First
APS		31 Sub Area Postal Unit		Second
APS		U B Area SDS Unit		Third

Direct Agents

Name of Circle		Name of Direct Agents		Position
West Bengal		Sh Sankar Kumar Rana		First
Orissa		Sh.Bhagapat Das Prasad		Second
Gujarat		Sh S.C.Chotaliya		Third

Awards for RPLI business:

Departmental officials

Name of Circle		Name of Departmental officials		Position
MHA		Sh S.S.Joshi		First
Orissa		Sh T.C.Padhi		Second
Orissa		Sh BanamaliPatra		Third

GDS Employees

Name of Circle		Name of GDS		Position
Chhatisgarh		ShriHema Ram		First
Gujarat		Sh N.B.Merja		Second
Assam		Sh RupakKanwar		Third

One lady among different categories of Agents/Officials

Name of Circle		Name of Lady		Position
Tamilnadu		Ms K. Jayalakshmi		First

Divisions who have procured highest effective RPLI business.

Name of Circle		Name of the Division		Position
Tamilnadu		Srirangam		First
Tamilnadu		Salem West		Second
Tamilnadu		Tirupur		Third

3. The Awards Distribution Function will be held at Bangalore, Karnataka on 19.11.2012 and awards/cash prizes in the shape of Post Office Cash Certificates will be given away by Secretary (Posts).

4. It is requested to relieve the concerned awardees and Divisional Sr/Supdts. as listed above in time so as to enable them to attend the function. Lodging and boarding will be provided by CPMG Karnataka Circle. Details of venue of function and accommodation will be intimated shortly.

5. An amount of ` 1500/- may be paid to each of the awardee (s) out of ASP (NP) for purchasing a navy blue blazer for wearing (both men & women) with tie (only men) during the function. All awardees shall be entitled for admissible travelling expenses.

 Sd/-

(Amitabh Singh)

Addl General Manager (PLI)

List of Awardees PLI/RPLI Awards 2010-11

Courtesy : http://postalinspectors.blogspot.in/

MICRO POSTAL LIFE INSURANCE WITHOUT HEALTH CHECK UP FOR RURAL PEOPLE

People living in rural parts of the country will soon be able to avail insurance cover without being subject to mandatory health check-ups as is the norm for life insurance policies. The Department of Posts is set to launch a major micro life insurance policy which will no more require the insurees to disclose their present health condition or diseases at the time of buying the policy, a move aimed at expanding the coverage in rural India. The proposed insurance scheme, which can be availed by economically weaker sections (EWS) of the society and particularly women, will provide a risk cover up to Rs 25,000, said an official in the ministry of communication and information technology. The aim is to cover around one-tenth of Indians and become one of the potent players in the Indian insurance sector by easing out the procedural formalities that precedes purchase of any life insurance scheme.

Bonus Rates for PLI Changed with effect from year ending 31-03-2009

BONUS RATES FOR PLI HAS BEEN CHANGED WITH EFFECT FROM YEAR ENDING 31-03-2009 VIDE PLI DIRECTORATE ORDER NO 4-1/2008-LI Dated  11-01-2012

WLA-   9000/1 Lakh


EA-       6500/1 Lakh


AEA-     6000/1 Lakh

Maximum sum assured for PLI and RPLI are revised

PLI DIRECTORATE  HAS REVISED THE MAXIMUM SUM ASSURED FOR PLI FROM  RS 10 LAKHS TO RS 20 LAKHS  AND RS 3 LAKHS TO 5 LAKHS IN RESPECT OF RPLI  VIDE NOTIFICATION NUMBER 25-3/2003-L I DATED 17.01.2012 WITH EFFECT FROM THE DATE OF ISSUE OF NOTIFICATION