Showing posts with label NORMS TIME FACTOR. Show all posts
Showing posts with label NORMS TIME FACTOR. Show all posts
Saturday, May 26, 2012
Thursday, March 3, 2011
Norms for various work in PLI/RPLI
P L I Directorate D.O.29-9/2008-LI , Dated the 24th February, 2011.
Dear Chief Postmaster General,
This is regarding norms for various works in PLI/RPLI. I am directed to intimate that the norms for various works in PLI/RPLI have been revised keeping in view the industry standards and various regulations of statutory authorities.
These norms are as below:
Sl. No. | Particulars | Number of days |
1. | Issue of Acceptance letter | 15 |
2. | Issue of policy Bonds | 15 |
3. | Inter Circle transfer of policies | 10 |
4. | Settlement of claims on maturity | 30 |
5. | Settlement of Claims on Death with Nomination | 30 |
6. | Settlement of death claim involving investigation | 90 |
7. | Payment of paid up value | 30 |
8. | Loan for policies | 10 |
9. | Change of address | 10 |
10. | Change of Nomination | 10 |
11. | Assignment | 10 |
12. | Issue of duplicate policy document | 10 |
13. | Revival of policy | 15 |
14. | Conversion of policy | 15 |
It is requested that these norms be given wide publicity amongst the staff as well as customers so that services are provided in a time bound manner.
With regards.
Yours sincerely,
(A.K. Poddar)
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NORMS TIME FACTOR
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