PLI RPLI Incentive Payments from August 2022 | Payment of incentive on PLI and RPLI business procured from the month of August 2022 onwards
DIRECTORATE OF POSTAL LIFE INSURANCE
No. 18-03/2022-LI Dated: 06.10.2022
Subject: Payment of incentive on PLI and RPLI business procured from the month of August 2022 onwards ~ regarding.
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This is regarding payment of incentive on PL] and RPLI business procured by sales force of PLI and RPLI from the month of August 2022 onwards.
2, Technology Division of PLI Directorate has intimated that the trial statement generation issue has been resolved and to ensure that correct incentive is generated from the system, all past incentive details have been removed from the system till July-2022.
Now Circles can generate the Incentive Reports from August 2022 onwards from the system. Therefore, Circles are requested to intimate the incentive due on PLI and RPLI business procured by all categories of sales force from the month of August 2022 onwards as per the SOP attached. In case any issue arises during the incentive generation by Circles, then the Circles may take up the issue with CEPT and Technology Division of PLI Directorate for rectification of the same.
3 Further, it is requested to submit the above information to PLI Directorate after obtaining approval of the concerned Circle Head and the same should be mentioned in the forwarding letter to PLI Directorate. The requisite information should reach PLI Directorate by 10.10.2022.
4. Upon receipt of information from Circles, necessary instructions will be issued to Circles for payment of incentive on PLI and RPLI business procured from the month of August 2022 onwards.
5. This issues with approval of competent authority.
