Type of Insurance Policy
|
Rate of Bonus
|
i. Whole Life Assurance (WLA)
|
Rs.65/- per thousand Sum Assured
|
ii. Endowment Assurance (Including Children Policy)
|
Rs.50/- per thousand Sum Assured
|
iii. Anticipated Endowment Assurance (Including GY Policies)
|
Rs.47/- per thousand Sum Assured
|
iv. Convertible Whole Life Assurance
|
Whole life bonus rate would be applicable but on conversion endowment bonus rate will be applicable.
|
Department in Memo No 9-1/2005-WSI/PE-I dated 5.2.2010 has revised the norms for Postmen establishment as follows. The revised norms will also be applicable for GDS MD as per note below Rule 106 of Volume VI Part III. The Head of Circles and Regional PMsG are requested to undertake a review of the implementation of revised norms after six months and provide the for assessing the impact of new norms and undetaking a fresh review if considered necessary. Sl No Item Congested areas in Minutes Less congested areas in minutes Remarks 1 Delivery of unregistered mail (other than in multistoried buildings) 0.72 0.72 - 2 Delivery of unregistered mail in multistoried buildings 0.42 0.42 Note 1 below 3 Delivery of unregistered mail in bulk 2.00 for delivery of seven articles 2.00 for delivery of seven articles Note 2 below 4 Registered and Parcel mail (includin...
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