DIRECTORATE OF
POSTAL LIFE INSURANCE
Department of Posts,
Ministry of Communications &
Information
Technology, Government of India
Chanakyapuri Post
Office Complex, New Delhi – 110023
No. 25-1/2011-LI Dated 24.02.2012
To,
All Head of Circles
Addl. Director General (APS)
Sub: - Clarification in respect
of Post Office Life Insurance Rules – 2011
Recently references have received
from some Circles raising doubts on following points for clarification thereon.
The same have been examined and clarified as under: -
|
Sl. No.
|
Doubt Raised
|
Clarification
|
|
1
|
Whether limit of Rs. 5 lakh
prescribed for sanctioned of maturity value of PLI/RPLI by Division Head
includes total maturity value payable or sum assured?
|
The limit of Rs. 5 lakh is for
Sum Assured Bonus payable is not included in the aforesaid limit.
|
|
2
|
Whether persons working in
Govt. organizations, Nationalized Banks, PSUs etc. on contract basis are
eligible for taking policy of PLI?
|
No. Since their services can be
terminated anytime. If their specified requirement is over in that
organization.
|
It is requested to kindly
circulate it among all concerned for their information and action accordingly.
This has the approval of Chief
General Manager (PLI).
SD/-
(Vipin Malhotra)
Dy. Divisional Manager
(PLI)
No comments:
Post a Comment