Incentive structure of PLI/RPLI – Corrigendum reg.
F. No: 28-03/2019-LI (4)
Government of India
Ministry of Communications
Department of Posts
(Directorate of Postal Life Insurance)
Chanakyapuri, New Delhi-110021
Dated:29.06.2021
Corrigendum
Subject: Incentive Structure of PLI / RPLI – reg
In partial modification of PLI Directorate letter of even number dated 25.06.2021, para 3.2 may be read as follow :
3.2 Renewal Incentive on PLI policies procured between 01.10.2009 to 31.03.2017 –
| Category of sales force |
01.10.2009 till 31.03.2017 |
01.04.2017 till 30.06.2020 |
On or after 01.07.2020 |
| Departmental Employees | Nil | Nil | Nil |
| Field Officer | 2% of renewal premium | 2% of renewal premium | 1% of renewal premium |
| Direct Agent | 2% of renewal premium | 2% of renewal premium | 1% of renewal premium |
| Gramin Dak Sevaks | Nil | Nil | Nil |
2. The rest of the content of the PLI Directorate letter dated 25.06.2021 holds good.
3. This issues with approval of the competent authority.
(Gurvinder Singh)
Deputy Divisional Manager – I
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