Consent form for Defence Services Personnel for payment of Postal Life Insurance (PLI) renewal Premium through their Pay Recovery mode
Post Office Consent form for Defence Services Personnel for payment of Postal Life Insurance (PLI) renewal Premium through their Pay Recovery mode from Download
This document is Annexure-I, a formal consent form that allows Defence Services Personnel to pay their Postal Life Insurance (PLI) renewal premiums directly via automated salary deductions (1003adz0pb… p. 1).
Here are the key points of the form:
Purpose & Authorization
- Direct Deduction: Authorizes the Pay Accounts Office (PAO) or Drawing and Disbursing Officer (DDO) to deduct premiums directly from the individual’s salary (1003adz0pb… p. 1).
- Taxation: GST is added to the base monthly premium at applicable rates (1003adz0pb… p. 1).
Personal & Policy Details Required
- Policy Parameters: Policy number, full name, sum assured, and monthly premium amount (1003adz0pb… p. 1).
- Service Credentials: Military rank, Army Number, and the official PAO/DDO/CDA address (1003adz0pb… p. 1).
- Timeline: Specific month and year for both the deduction start period and end period (1003adz0pb… p. 1).
Personnel Accountability
- Payment Responsibility: The insurant remains personally responsible for tracking regular salary deductions and successful credits (1003adz0pb… p. 1).
- Policy Modifications: Any mid-term changes like surrender, conversion, or payment mode adjustments must be reported immediately to the PAO and the PLI Central Processing Centre (CPC) (1003adz0pb… p. 1).
Verification & Signatures
- Insurant Sign-off: Requires the signature, mobile number, and email address of the policyholder (1003adz0pb… p. 1).
- Employer Verification: Must be countersigned by the immediate superior officer at the place of posting, complete with an official office stamp (1003adz0pb… p. 1).
- Postal Clearance: Final verification segment to be signed and stamped by the CPC Incharge after cross-checking with the original proposal form (1003adz0pb… p. 1). Post Office Consent
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