PLI - POSTAL LIFE INSURANCE - FORMS FREE DOWNLOAD

PLI - POSTAL LIFE INSURANCE - FORMS FREE DOWNLOAD 1. Proposal form for taking a Policy 2. Claim form for Maturity Value of EA Policy 3. Claim form for Survival Benefit due on AEA Policy 4. Claim form in case of Death of a Policy Holder 5. Revival form for further continuation 6. Loan form for getting loan against Policy SATISH24K

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Insurance Funds to Infrastructure Sector

Insurance Funds to Infrastructure Sector  Insurance Regulatory and Development Authority (IRDA) has informed that it has carried out a detailed review of the existing Investment Regulation including the requirement to facilitate a higher flow of insurance funds to infrastructure sector. In existing Regulation also exposure of any insurer to an infrastructure company has been increased to 20% as against the present ceiling of 10% as referred in Reg. 5 of the IRDA (Investment) Regulations, 2000. The limit can further be increased by another 5% in case of Debt with the prior approval of the Board. IRDA has further informed that both equity and debt instruments are considered for classification under Infrastructure for mandatory minimum obligation of 15% as against only debt instruments earlier. Mortgaged Based Securities (MBS) with ‘AAA’ rating will qualify as ‘Approved Investments’ and would qualify for infrastructure investments. Investments in infrastructure are excluded from the applicability of industry sector exposure norms. IRDA has informed that it has a policy of consultation with all the stakeholders including the Chiefs of Public Sector Insurance Companies, on amending all regulations including the Investment Regulations. The proposed amendments are placed on the IRDA website inviting public comments. The views of Insurance Advisory Committee (IAC), Life Insurance Council and General Insurance Council are also sought on the proposed amendments to the Regulations. This was stated by the Minister of State for Finance, Shri Namo Narian Meena in a written reply to a question in the Lok Sabha today.

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POSTAL LIFE INSURANCE ACHIEVERS' SUCCESS STORY

POSTAL LIFE INSURANCE EYES UN TAPPED MARKET BANGALORE: Backed by her husband who told her to take her career to a different level, B Jansi Rani forged ahead in her chosen field of insuring people. Rani has won accolades every year for her services to the Postal Life Insurance(PLI) department in Tiruchirapalli in Tamil Nadu. This year, at the PLI national awards for outstanding performance by individuals, she swept up another one for overall performance. It is her third national award, and she travelled to Bangalore to receive the award on Tuesday. "Postal work is monotonous and when I joined the PLI sector in 2006, I thought it would be challenging and interesting to meet people and understand them and their financial position, and convince them to take an insurance policy. It is hectic and I often go out of town for work, leaving my children with my husband, who is the pillar of my career," she said. For R Venkadesan, it has become a habit to receive national awards for generating the highest revenue for the department. This developmental officer at Trichy circle of Tamil Nadu earned a whopping Rs 111 crore over the past year. "The term of this post is five years, but my term has been extended twice due to my capacity to generate revenue by selling insurance policies," he says with a humble smile. Venkadesan's secret: his customers are king. Even when he's home with his children on Sundays, he finds time to attend to them, and balance work and family. Then there's Hema Ram from Durg district in Chhattisgarh, who's mobilized over 12,200 people in 10 villages in his state. "I work in office from 6am, travelling to villages around to talk to people and convince them on insurance policies. The confidence they have in me has helped me win this award," said Ram. He earned Rs 31.25 crore in business this fiscal. He is also an agriculturist and grows vegetables and rice on his 20 acres. PLI stands at second position after Life Insurance Corporation in the insurance sector, but is way behind in terms of business and market share. "A market survey reveals that around 80% of the country's population is still uninsured which means there is great potential in the market," said Faiz-ur-Rehman, chief general manager, PLI. Source : The Times of India, 21 Nov., 2012

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New Health Insurance Scheme, 2012 for Employees of Government of Tamil Nadu

New Health Insurance Scheme, 2012 for Employees of Government of Tamil Nadu FINANCE [Salaries] DEPARTMENT G.O.Ms.No.221, Dated 20th June 2012. (Aani-6, Thiru valluvar Aandu-2043) ABSTRACT MEDICAL AID - New Health Insurance Scheme, 2012 for Employees of Government and their Family Members - Selection of a Public Sector Insurance Company for implementation - Interim Arrangements for providing health care assistance till implementation of New Health Insurance Scheme, 2012 - Orders Issued. Read:- G.O.Ms.No.139, Finance (Salaries) Department, dated 27-04-2012. ORDER:-    In the Government Order read above, orders have been issued for implementation of the New Health Insurance Scheme, 2012 beyond 10-06-2012 to provide for comprehensive health care assistance to the Employees of Government, etc. and their eligible Family Members with provision to avail assistance upto Rupees Four Lakh for the block period of four years after a suitable Public Sector Health Insurance Company selected through National Competitive Bidding as in the case of the Chief Minister’s Public Insurance Scheme.    2. Accordingly, the Tender Inviting Authority has called for Open Tender by issue of Notice Inviting Tender on 27-04-2012. The Committee of Tender Accepting Authority to select a Public Sector Health Insurance Company has submitted its report to Finance Department on 06-06-2012 with its recommendation. The Government after careful consideration of the recommendations of the Committee has decided to accept the same. The United India Insurance Company Limited,  Chennai-600 006 has been selected for implementation of the New Health Insurance Scheme, 2012 with effect from 1-7-2012.    3. The present New Health Insurance Scheme launched on 11-06-2008 for the block period of four years ended on 10-06-2012. As the New Health Insurance Scheme, 2012 will be launched from 1-7-2012 for further block period of four years, the reimbursement claims from the Government Employees for surgeries / treatments undergone during the period between 11-06-2012 and 30-06-2012 have to be settled.    4. The Government hereby accords sanction for providing health care assistance to Government Employees and their eligible Family Members for the period from 11-06-2012 to 30-06-2012.    5. The Government accordingly direct that the following arrangements be made for providing health care assistance by way of reimbursement to the Employees of Government and their eligible Family Members for the period from 11-06-2012 to 30-06-2012:-    (i) Government delegate powers to the following authorities for sanctioning reimbursement claims from the Government Employees surgeries / treatments undergone during the interim period between 11-06-2012 and 30-06-2012 and designate them as Sanctioning Authority;      (a) The Secretaries to Government in respect of employees in Secretariat Departments;      (b) The Heads of Departments in respect of employees in Chennai District; and      (c) The District Collectors in respect of employees other than Chennai District.    (ii) The Government Employees shall submit claims for reimbursement of medical expenses for the approved surgeries / treatment through proper channel as per the format prescribed in the Annexure-I to this order along with Discharge Summary and Original Bills / Vouchers to the Sanctioning Authority mentioned in para 4(i) above.    (iii) The Sanctioning Authority shall process the applications submitted by the employees and forward the same to Director of Medical Education in respect of employees in Chennai District and to Joint Directors of Health Services in districts in respect of employees other than Chennai District for obtaining remarks.    (iv) On receipt of application from the Sanctioning Authority, the Director of Medical Education, Chennai / Joint Director of Medical Services in districts shall scrutinize the medical records and Bills/Vouchers with reference to the list of diseases, treatments / surgeries and hospitals which were already approved for the New Health Insurance Scheme for the block year 2008-2012 and the reimbursement provided for the same during the period 2008-2012 as per standard rates. Remarks as per the format prescribed in the Annexure-II to this order with the eligible quantity of reimbursement, countersign in the Bilis / Vouchers should be provided and the same shall be returned to the concerned Sanctioning Authority.    (v) After obtaining the remarks of Director of Medical Education / Joint Director of Health Services as the case may be, the amount authorised by them shall be sanctioned by issuing necessary proceedings as per the format prescribed in the Annexure-III to this order by Sanctioning Authority.    (vi) The Sanctioning Authority after issuing proceedings, send the sanctioned proceedings to the Pay and Accounts Officers concerned in Chennai District and Treasury Officers in districts in respect of other than Chennai District for preparation of the bill in the Miscellaneous Bill Form No.40 of T.N.T.C. and to draw and disburse reimbursement amount to the claimants as per the funds allotted by the Commissioner of Treasuries and Accounts, Chennai.    (vii) The payment shall be made by cheques in favour of the Government Employee through the concerned Drawing and Disbursing Officer.    (viii) The list of diseases, treatments / surgeries and hospitals which were already approved for the New Health Insurance Scheme for the block year 2008-2012 shall be adopted.    (ix) The maximum coverage shall be allowed upto Rupees Two Lakh per employee and their eligible Family Members including the amount already availed under New Health Insurance Scheme for the block year 2008-2012 so that the total assistance under the scheme shall not exceed Rupees Two Lakh from 11-06-2008 till 30-06-2012. The eligibility of the Government Employee and their eligible Family Members and the claim status shall be verified through the existing database by the Director of Medical Education, Chennai / Joint Director of Health Services in districts concerned.    6. The Government also sanction an initial Lumpsum amount of Rs.5,00,00,000/- (Rupees Five Crore Only) towards payment of health care assistance claims.    7. The Commissioner of Treasuries and Accounts, Chennai-15 shall distribute the amount to the all Pay and Accounts Officers and Treasury Officers concern to incur the expenditure according to their requirements.    8. The expenditure shall be debited to the following new Head of Account to be opened under Demand No.16. Finance Department: 2075.00. MISCELLANEOUS GENERAL SERVICES  800. Other Expenditure  I. Non-Plan  IC. Payment of Health Care Assistance to Government Employees till implementation of  New Health Insurance Scheme, 2012  09. Grants-in-Aid  3. Grants for Specific Schemes  (DPC 2075 00 800 IC 0938)    9. The Commissioner of Treasuries and Accounts (HoD Code 1602), Chennai-15 shall be Estimating, Reconciling and Controlling authority in respect of the Heads of Account mentioned in para 8 above. The Pay and Accounts Officers / Treasury Officers concerned shall open the above Head of Account in their books of accounts.    10. The expenditure sanctioned above shall constitute an item of “New Service” and the approval of the Legislature will be obtained in due course. Pending approval of the Legislature, the expenditure shall be initially met by an advance from the Contingency Fund, orders regarding which will be issued by the Government in Finance (BG-I) Department based on the application in the prescribed format along with a copy of this order.    11. The Commissioner of Treasuries and Accounts, Chennai-15 shall apply for the required funds from Contingency Fund to the Finance (BG-I) Department in the prescribed format along with a copy of this order.    12. The Commissioner of Treasuries and Accounts, Chennai-15 shall also send necessary Supplementary Notes for inclusion of the above expenditure in the Supplementary Estimates, 2012-2013 at the appropriate time.    13. The Local Bodies, State Public Sector Undertaking and Statutory Boards, State Government Universities and State Organisations / Institutions already covered under the New Health Insurance Scheme 2008-2012 may extend this health care assistance to their employees during the interim period from 11-06-2012 to 30-06-2012 from their own funds.    14. This order is issued with Additional Sanction Ledger No.453 (Four Hundred and Fifty Three). (BY ORDER OF THE GOVERNOR) K. SHANMUGAM  PRINCIPAL SECRETARY TO GOVERNMENT. 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Renewal of Family Planning Insurance Scheme w.e.f 1st January, 2012

Renewal of Family Planning Insurance Scheme w.e.f 1st January, 2012 No.N.23011/68/2011-FW (Ply) Government of India Ministry of Health and Family Welfare Family, Welfare Policy Section Nirman Bhawan, New Delhi Dated 27th December, 2011 Subject : Renewal of Family Planning Insurance Scheme w.e.f 1st January, 2012-reg The Family Planning Insurance Scheme (FPIS) was adopted as a National Policy complying with the directions of Hon’ble Supreme court to extend benefits to the acceptors of sterilization and was implemented form 29th November, 2005. This insurance policy was being serviced by ICICI Lombard General Insurance Company from 1.1.2011 to 31.12.2011 and has again been renewed with the ICICI Lombard General Insurance Company for a period from 01st January, 2012 to 31st December 2012. The coverage under the renewed Policy is as under: Section Coverage Limits I IA Death following Sterilization (inclusive of death during process of sterilization operation) in hospital or within 7 days from the date of discharge from the hospital Rs. 2 lakhs IB Death following Sterilization within 8 – 30 days from the date of discharge from the hospital. Rs. 50,000/- IC Failure of Sterilisation Rs. 30,000/- ID Cost of treatment in hospital and upto 60 days arising out of Complication following sterilization operation (inclusive of complication during process of sterilization operation) from the date of discharge. Actual not exceeding Rs. 25,000/-. II Indemnity Insurance per Doctor/facility but not more than 4 cases in a year. Upto Rs. 2 Lakh per claim Total liability of the Insurance Company shall not exceed Rs. 25 crore in a year under Section-I and Rs. 1.00 crore under Section-II. 2. The covered incidences detected in respect of sterilization done w.e.f. 1st January, 2012 shall be filed with State Coordinator of the ICICI Lombard General Insurance Company under renewed Policy- 2012. 3. All claims under the expired Policy – 2011 for covered incidences detected during the period 1st Jan, 2011 to 31st December, 2011 have to be filed with the State Coordinator of the ICICI Lombard General Insurance Company. If not already done, the concerned District Officers may be instructed to file the claims within 90 days of the detection of the incidence under expired Policy-2011. For claims filed under the expired Policy-2011 after 31st March, 2012 and refused by the ICICI Lombard General Insurance Company on this count, the respective CMO /CDMO / CDHMO / DMO / DHO / Joint Director designated for this purpose at the district level shall be held responsible, as there is no provision under Government budget or under the new policy for settlement of such claims. Any court case due to non-filing of claims after 31st March, 2012 would also be the responsibility of the designated district officials. 4. Further, to create awareness for the Scheme, it has also been decided to create awareness through wall painting across the country in all districts and Sub-Division Hospitals. Design as approved by the Ministry, would be got painted by the State in the local language of the state. The funds under IEC in NRHM may be used for this as was done in the preceding year 2011 5. As per directions of Hon’ble Supreme Court, the information regarding number of sterilization done and claims respect of failure, complication and deaths needs to complied on quarterly basis at District and State level. Accordingly, I would request you to kindly instruct the State Nodal Officer for this Scheme to provide above information in the prescribed proforma by 15th of the month for each quarter to this Ministry. 6. Family Planning Insurance Manual-2012 is updated and shall be hosted shortly on the website of this Ministry at mohfw.nic.inunder Family Welfare Activities. 7. For proper co-ordination & monitoring of this scheme in your State, a Senior Officer from the Directorate of Family Welfare may be appointed to liaison with Insurer and District officials. The contact details of the State Nodal Officer may be furnished to us at the earliest. Yours faithfully (Anuradha Vemuri) Director Source: www.mohfw.nic.in Share and Care For Latest Updates Always visit http://satish24k.blogspot.in For Beautiful Wallpapers Always visit http://24ksatish.blogspot.in

Private Insurance Services

Private Insurance Services The Government had launched the Rashtriya Swasthya Bima Yojana (RSBY) on 01.10.2007 to provide for smart card based cashless health insurance cover of Rs. 30000 per annum on a family floater basis with the premium being shared by Central Government and the State Government in the ratio of 75:25 respectively to BPL families (a unit of five) in the unorganized sector, including single women, widows and senior citizens. The scheme became operational w.e.f 01.04.2008. This Scheme is being implemented by public sector general insurance companies as well as private insurance companies. RSBY has been extended to building and other construction workers, street vendors, beedi workers, MGNREGA beneficiaries and domestic workers. As on 30.04.2012 the scheme is being implemented in 25 States/UTs. More than 2.95 crore smart cards have been issued upto 30th April, 2012 This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Lok Sabha today. PIB Share and Care For Latest Updates Always visit http://satish24k.blogspot.in For Beautiful Wallpapers Always visit http://24ksatish.blogspot.in

New Health Insurance Scheme (CGEPHIS) for Central Government employees and pensioners…

New Health Insurance Scheme (CGEPHIS) for Central Government employees and pensioners… This information was given by Shri Ghulam Nabi Azad, Union Minister for Health & Family Welfare in a written reply to a question in the Lok Sabha on 30.03.2012. The serving Central Government employees staying in non CGHS area are provided healthcare facilities under Central Services Medical Attendance [CS (MA) Rules, 1944]. Pensioners are not covered under these Rules. They are, however, entitled for the Fixed Medical Allowance of Rs 300/- per month. The pensioners residing in non-CGHS areas have the option to become a CGHS member in any CGHS covered city to avail the medical facilities under the scheme. The Government is contemplating introduction of a Health Insurance Scheme for the Central Government employees and pensioners with special focus on non-CGHS areas. Under CS(MA) Rules, the serving Central Government employees get treatment from Authorised Medical Attendants appointed by the concerned administrative Ministry/Department / office. They get reimbursement of their medical expenses from their respective administrative offices as per rule. The information in respect of medical expenses reimbursed to Central Government employees all over the country is not maintained in this Ministry.  Share and Care

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Govt mulling insurance plan for central govt officials

Govt mulling insurance plan for central govt officials New Delhi: Government on Friday said it was contemplating introduction of a health insurance scheme for central government employees and pensioners on a pan India basis.  In reply to a question in Lok Sabha, Health Minister Ghulam Nabi Azad said the scheme would be an alternative to the existing CGHS scheme.  "The proposal is to make this scheme voluntary and contributory for serving employees and pensioners. However, it is proposed to be made compulsory for new entrants in Government service," Azad said.  Replying to another question, he said the government was also considering a plan to construct a super speciality wing in the campus of Safdarjung Hospital.  "A detailed project report for the construction of a 360 bedded super speciality wing in the campus of the Safdarjung Hospital has been received," Azad said.  PTI  Source: Zee News[http://zeenews.india.com/news/nation/govt-mulling-insurance-plan-for-central-govt-officials_747235.html] Share and Care

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Indian Postal Life Insurance

Indian Postal Life Insurance is a financial welfare scheme. It is also known as PLI i.e., Postal Life Insurance. It was introduced in 1884 by the Department of Posts, India. It was essentially introduced for the benefit of postal employees and later extended to the employees of Telegraph department in 1888. It is now covering employees of Central & State Governments, Central & State Public Sector undertakings, Universities, Educational institutions and local bodies. There are over 155,333 post offices in India. The Department of Posts has been allotted customer care number and Toll Free Number (155232 & 1800 180 5232) for the facility of Postal Life Insurance and Rural Postal Life Insurance policyholders or people planning to opt Post office life insurance. They can also go through post office life insurance review, quotes & use pli calculator to find Insurance premium and Post life insurance agents. Any complaint on the services rendered and concerning behavior of employees of the Department of Posts may be taken up with the Postmaster / In-charge of the Post Office where the transaction has taken place or The Post Master General/ Senior Superintendent / Superintendent of Post Offices in whose jurisdiction the Post Office concerned falls. The Postal Directorate, Dak Bhavan, New Delhi-110116. Share and Care

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