Measures to be adopted for PLI and RPLI policyholders during COVID-19.
In view of the threat posed by the outbreak of Corona Virus (COVID-19), and lockdown across several states in India, following instructions are being issued for wide publicity and further necessary action, for facilitating PLI/RPLI Customers, viz: -. off 1.0.Waiving penalty for payment of premium beyond the grace period : PLI /RPLI premium due for the month of May 2021, June 2021 and July 2021 may be paid up to August 2021 without paying any penalty / default fee. 2. Encourage online payment of premium : Circles shall make special efforts to enable the policyholders to pay premium online by educating them through SMS, emails etc. Circles may also carry awareness campaign in local/regional language for the same. 3. Expeditious settlement of claim cases : Claims arising on account of Covid-19 should be processed expeditiously. Claims (death / maturity and surrender) should be processed and settled within the prescribed period by making special efforts. 4. Online is...