Wednesday, December 5, 2012

Codes for new categories of clientele of PLI



         Some new categories of clientele under PLI have been added in Rule 6 of Post Office Life Insurance Rules-2011 vide Notification of even No. dated 18.10.2012 published in the Gazette of India No. 240 dated 18.10.2012 circulated vide this office letter of even No. dated 29.10.2012.



2.       Rule 16 of Manual for Circle Offices provides for suffixing letter(s) to the PLI policy number as per the organization to which the insured is belonging. As such, following codes may be assigned (sufficed) to policy numbers of PLI issued to the insured belonging to new categories added vide Notification ibid:



SI. No.
Category
Code
i
Employees on contract basis by Central Govt.
CC
ii
Employees on contract basis by State Govt.
CS
iii
Employees of Joint Ventures:
Central
State
Bank

CC
CS
B
iv
Members of credit cooperative societies
CS
v
Employees of Universities:
Central
State

CC
CS
vi
Employees of Scheduled Commercial Bank
B



Source:-Directorate of Postal Life Insurance Letter No. 25-l/2011-L1 (Vol-II) 03.12.2012