Government of India 
Ministry of Communications, 
Department of Posts 
DIRECTORATE OF POSTAL LIFE INSURANCE 
Chanakyapuri Post Office Complex, Chanakyapuri, New Delhi-110021

No. 18-02/2022-LI
Dated: 08.08.2022
To All Heads of Circles
Subject:Payment of incentive for PLI/RPLI business procured in the month of June 2022 – regarding.
Madam/Sir,
This is regarding payment of incentive for PLI and RPLI business procured by all categories of sales force in the month of June 2022.

2. In this connection, the undersigned is directed to convey approval of the competent authority for payment of the incentive due to all categories of sales force for PLI and RPLI business procured in the month of June 2022. Booking of incentive payment may be made in the correct head of account/GL code.

3. Circles are requested to make incentive payment for the month of June 2022 by 25th August 2022 and send a compliance report to PLI Directorate. The incentive payment by Circles must not exceed the incentive liability as intimated by Circles for the month of June 2022.

4. Further, it is once again reiterated that as per para 7.3 of PLI Directorate letter no 28-03/2019-LI (4) dated 25.06.2021, “If a sales force does not procure a minimum of four (4) new policies in a financial year (FY 2022-23), the license (provisionals permanent) of the sales force may deemed to be terminated w.e.f. 01.04.2023. In case, if the said sales force, whose license has been terminated on account of non-procurement of four (4) policies in a financial year, wants to procure PLI/RPLI business, then she/he may apply afresh for license and a new agency code will be allocated to her/him. Under no circumstances, the terminated license of the sales force shall be reactivated”.

5.This issues with approval of the competent authority.

(Shiv Kumar) Assistant Director (PLI)