New incentive Structure of PLI/ RPLI
NEW INCENTIVE STRUCTURE OF RPLI
Procurement Incentive:
For all types of RPLI Policies, each category of sales force will get procurement incentive @ 10% of procurement premiumRenewal Incentive:
For all types of RPLI Policies, each category of sales force will get renewal incentive @ 2.5% of renewal premium| Product | Incentive Type | Rate |
|---|---|---|
| PLI (WLA, CWLA, EA, Children, Yugal Suraksha) | Procurement (≤15 yrs) | 4% |
| PLI (WLA, CWLA, EA, Children, Yugal Suraksha) | Procurement (15–25 yrs) | 10% |
| PLI (WLA, CWLA, EA, Children, Yugal Suraksha) | Procurement (>25 yrs) | 20% |
| PLI (AEA) | Procurement (≤15 yrs) | 5% |
| PLI (AEA) | Procurement (>15 yrs) | 7% |
| PLI (All) | Renewal | 1% |
| RPLI (All) | Procurement | 10% |
| RPLI (All) | Renewal | 2.5% |
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