HomeCGENew Promotional and Incentive Structure of PLI / RPLI

New Promotional and Incentive Structure of PLI / RPLI

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F.No: 28-03/2019-LI
Government of India
Ministry of Communications
Department of Posts
(Directorate of Postal Life Insurance)

Chanakyapuri P.O. Complex, New Delhi-110021
Dated : 19.06.2020

To,
1. All Heads of Circles
2. Addl DG APS
3. Director, RAKNPA/GM, CEPT
4. All Regional PMsG
5. All Directors PTCs

Office Memorandum

Subject: New Promotional and Incentive Structure of PLI / RPLI

The promotional (sales) structure and incentive structure of PLI/RPLI was last revised in August 2016 & April 2017 respectively. However, most of Circles had raised concerns in the implementation of the revised promotional structure.

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2. In view of the concerns raised by Circles in implementing the promotional structure, low growth in procurement of new PLI/RPIA business and decreasing trend in net accretion of PLI/RPLI premia, the existing sales structure of PLI/RPLI has been revamped based on the feedback received from the Circles.

Also ReadDepartment of Posts Orders 2020

3. The new promotional and incentive structure of PLI/RPLI is enclosed as Annexure-I to Annexure-VI.

4. The new promotional and incentive structure of PLI/RPLI will be effective from 01.07.2020.

(L.N. Sharma)
Chief General Manager (PLI)

Signed Copy

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