Clarification in respect of Post Office Life Insurance Rules - 2011.

DIRECTORATE OF POSTAL LIFE INSURANCE
Department of Posts, Ministry of Communications &
Information Technology, Government of India
Chanakyapuri Post Office Complex,

New Delhi-11 0021

 Dated16.04.2012

All Head of Circles,
Addl. Director General (APS),
Director, PLI, Kolkata

Sub: Clarification in respect of Post Office Life Insurance Rules - 2011.

Further to PLI Directorate letter of even No. dated 13.03.2012, J&K Circle has sought clarification whether the antedating of proposals for sum assured upto ~5 lakhs is to be made at the level of Divisional Head being the accepting authority.

2. It is clarified that as per Rule 19(b) of Manual for Circle Offices the power of ante-dating may be exercised by Head of Circle.

3. Further, the clarification given at sl. (ii) of PLI Directorate letter of even No dated 13.03.2012 may kindly be read as "Bonus of EA will be paid since the commencement of the policy in case of CWLA and in case of WLA policies, bonus attached prior to ordinary conversion will remain unchanged".

4. This has the approval of Chief General Manager (PLI). 

( ipl Malhotra)
Dy. Divisional Ma ager (PLI)

Copy to:

1. PPS to CGM (PLI) for information of CGM.

2. PS to GM (V)/ GM (P).

3. Addl. GM (V)/ Addl. GM (J).

4. DDM-II, PLI Directorate for information and getting the necessary provisions made in the software.

5. Section Officer, PLI Directorate for Guard File 

Source : sapost