PLI clientele base expansion Clarification 2023 | Clarification on eligibility of Graduates/Diploma holders for the benefits of PLI
Subject: Clarification in respect of expansion of clientele base of PLI - reg
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DIRECTORATE OF POSTAL LIFE INSURANCE
F. No: 25-01/2022-L1
Dated: 15.03.2023
This is regarding the expansion of clientele of Postal Life Insurance to include Graduates/Diploma Holders issued vide PLI directorate OM No. 25-01/2022-LI dated 01.12.2022.
2. In this connection, certain queries have been received regarding eligibility of Graduates/Diploma holders for the benefits of PLI. These have been examined in PLI Directorate and the following is clarified:
|
SL NO. |
PLI Clientele Base Expansion Issue |
PLI Clientele Base Clarification |
|
(i) |
Whether benefits of PLI are available to Graduates/ Diploma holders from a foreign university |
Any person holding graduate degree/diploma from a foreign university may be allowed the benefits of PLI only if the graduate degree/diploma from foreign university is recognized as equivalent graduate degree/diploma by the Association of Indian University (ATU). |
|
(ii) |
Provide guidelines for accepting new PLI proposal of Graduates/Diploma holder in which customer provide Final year Mark instead of Degree or provisional passing certificates. |
It has been decided to accept PLI proposals on the basis of provisional certificate or final year mark sheet subject to fulfilment of all other/prevailing conditions issued vide PLI directorate OM No. 25-01/2022-LI dated 01.12.2022. |
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