Tuesday, September 15, 2015

Revision of PLI Proposal form

No.25-4/Clf//2012-LI
Ministry of Communications & IT
Department of Posts,
PLI Directorate,
New Delhi 110 021
                                                                                                                    Date: 15.09.2015
To,
The Heads of Circles.

Subject: Revision of PLI Proposal form.

            Consequent upon revision of maximum Sum Assured limit in respect of PLI policies from Rs 20 lacs to 50 lacs earlier, two separate proposal forms - one for below 20 lacs and another for  above 20 lacs were brought in to use which caused lot of changes to be made in CIS. Hence need was felt for devising a single proposal form. 

            Accordingly, a common proposal form for PLI proposals has been devised. A soft copy of the same sent herewith.  Henceforth this new form may please be brought into use. 

            Till the time provisions are made in the Core Insurance Solution for capturing the data for additional information for proposals having sum Assured /aggregate Sum Assured more than 20 lacs, the data will not be captured by the system. Accepting authorities concerned should, therefore, take decision of acceptance or otherwise based on the scanned images available in the system. Once provision is made in the CIS for data capturing, data will be entered for new proposals of more than 20 lacs of sum assured/ aggregate sum assured received thereafter.

           Suitable instructions may be issued to all concerned for information guidance & necessary action. 

            This issues with the approval of the Chief General Manger [PLI].

                                                                                           [D R N MURTHY]
                                                                                    Deputy Divisional Manager II 

No comments:

Post a Comment