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Wednesday, February 1, 2017

Various Rulings on PLI by PLI Directorate




Dear Comrades,


1. PLI Directorate, New Delhi Letter No.29-24/2012-LI) dated 18.05.2012 on Settlement of Maturity/death claim in which insurant has not paid premium within the permissible time limit and later on payment is made with default fee without any revival permission from the competent authority.


2. PLI Directorate, New Delhi Letter No.45-07/CC-09/LI dated 16.04.2012 on Calculation of premia in respect of PLI/RPLI proposals submitted by Physically handicapped persons for sum assured of less than Rs. One Lakh.


3. PLI Directorate, New Delhi Letter No.25-1/2011-LI dated 16.04.2012 on clarification in respect of POLI Rules, 2011.


4. PLI Directorate, New Delhi Letter No.25-03/2003-LI dated 21.03.2012 on non-requirement of obtaining of policy bonds from the Insurants for payment of survival benefit of AEA schemes.










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