This is regarding the promotional and incentive structure of PLI/RPLI, issued vide PLI Directorate OM No. 28-03/2019-LI dated 19.06.2020 and implemented in Circles w.e.f. 01.07.2020 and further clarified vide letter No. 28-03/2019-LI dated 06.07.2020.
2. In this connection, Para 2 (i) is clarified in respect of sales force procuring PLI/RPLI business:
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SI. No. |
Earlier Orders |
Clarification |
|
(i) |
Sales force of PLI/RPLI may procure PLI/RPLI business from anywhere in a Postal Circle. |
Sales force of PLI/RPLI may procure PLI/RPLI business from anywhere in the Country. |
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(iI) |
In such cases, PLI/RPLI policy will be indexed at the HO CPC nearest to the address/place of the residence of the insurant. |
In such cases, PLI/RPLI policy will be indexed at the HO CPC anywhere in the Country. |
|
(IIi) |
No TA/DA will be payable to sales force of PLI/RPLI for procuring PLI/RPLI business |
No TA/DA will be payable to sales force of PLI/RPLI for procuring PLI/RPLI business in all such cases. |
3. All other contents of the clarification issued vide letter No. 28-03/2019-LI dated 06.07.2020 hold good.
This issues with approval of the Competent Authority.
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