Limits of PLI/RPLI and Approving Authority

News & Updates Order & Circular

Limits for PLI

Limits and Approving Authority for PLI Proposals or New Business Form(NBF), Settlement of maturity claim & survival benefit claim.

Single or aggregated Sum Assured up to 5 lakh, the approving authority is

  1. Head Postmaster of HO
  2. Sr. Postmaster
  3. Dy. Chief Postmaster
  4. Asst Director of HOs headed by Director.

Single or aggregated sum assured 5 lakh to 10 lakh, the approving authority is

  1. Head of Division
  2. Chief Postmaster
  3. Director of HOs

Single or aggregated sum assured 10 lakh to 30 lakh, the approving authority is

  1. Director in HOs
  2. DPS (HQ)/ Regional DPS
  3. PMG RO/ CO

Single or aggregated sum assured 30 lakh to 50 lakh, the approving authority is

  1. Chief PMG

Limits and Approving Authority for PLI Deth Claim.

Single or aggregated Sum Assured up to 2 lakh, the approving authority is

  1. Head Postmaster of HO
  2. Sr. Postmaster
  3. Dy. Chief Postmaster
  4. Asst Director of HOs headed by Director.

Single or aggregated Sum Assured 2 lakh to 5 Lakh, the approving authority is

  1. Sr. Postmaster
  2. Dy. Chief Postmaster
  3. Asst. Director in HO Director
  4. Head of Division

Single or aggregated Sum Assured 5 lakh to 10 Lakh, the approving authority is

  1. Head of Division
  2. Chief Postmaster
  3. Director of HOs

Single or aggregated Sum Assured 10 lakh to 30 Lakh, the approving authority is

  1. Director in HOs
  2. DPS (HQ)/ Regional DPS
  3. PMG RO/ CO

All early Death Claims up to 20 lakh, PMG of Regional Office/Circle will be the approving authority.

Single Policy having sum assured more than 20 lakh or Aggregate sum assured of policy(ies) >30 lakh & <=50 lakh or Early death claims more than Rs. 20 lakhs Chief PMG will be the approving authority.

*Note: If one policy is having sum assured more than 20 lakh and aggregate sum assured of all policies is less than or equal to30 lakh, then also all claims should move to Chief PMG.


Limits for RPLI

Limits and Approving Authority for RPLI Proposals or New Business Form(NBF), Settlement of maturity claim & survival benefit claim.

Single or aggregated Sum Assured up to 5 lakh, the approving authority is

  1. Head Postmaster of HO
  2. Sr. Postmaster
  3. Dy. Chief Postmaster
  4. Asst Director of HOs headed by Director.

Single or aggregated sum assured 5 lakh to 10 lakh, the approving authority is

  1. Director of HOs
  2. DPS (Hq)/ Regional DPS
  3. PMG in RO/ CO

Click Here to Download Tables for Limits of PLI/RPLI Proposals or New Business Form(NBF), Settlement of maturity claim & survival benefit claim and Approving Authority

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