Settlement of claims in Mc Camish - Limits and Queues

Click here to Download Limits for PLI
Function	Criteria	Approving authority	Queue Name
1. Proposals (NBF), Settlement of maturity claim & survival benefit claim	Single or aggregated sum assured <=`5 lakh	1. Head Postmaster of HO 2. Sr. Postmaster 3. Dy. Chief Postmaster 4. Asst Director of HOs headed by Directors	Approver
	Single or aggregated sum assured >` 5 lakh & <=`10 lakh	1. Head of Division 2. Chief Postmaster 3. Director of HOs	Approver 1
	1. Single or aggregate sum assured >` 10 lakh & <=`20 lakh 2.  Aggregate sum assured >`20 lakh & <=`30 lakh	1. Director in HOs 2. DPS (HQ)/ Regional DPS 3. PMG RO/ CO	Approver 2
	1. Single proposal >`20 lakh & <=`50 lakh sum assured 2. Aggregate sum assured >`30 lakh & <=`50 lakh	Chief PMG	Approver 3
2. Death Claim	Single or aggregate sum assured of policy <=`2 lakh	1. Head Postmaster HOs 2. Sr. Postmaster 3. Dy. Chief Postmaster 4. Asst. Director in HO headed by Director	Approver
	Single or aggregate sum assured of policy >`2 lakh & <=`5 lakh	1. Sr. Postmaster 2. Dy. Chief Postmaster 3. Asst. Director in HO Director 4. Head of Division	Approver1
	Single or aggregate sum assured of policy >`5 lakh & <=`10 lakh	1. Head of Division 2. Chief Postmaster 3. Director of HOs	Approver 2
	1. Single policy of sum assured >`10 lakh & <=`20 lakh 2. Aggregate sum assured of policy >`10 lakh & <=`30 lakh*	1. Director in HOs 2. DPS (HQ)/ Regional DPS 3. PMG RO/ CO	Approver 3
	All early Death Claims upto `20 lakh	PMG of Regional Office/Circle office	Approver 4
	1. Single Policy having sum assured >`20 lakh* 2. Aggregate sum assured of policy(ies) >`30 lakh & <= `50 lakh 3.Early death claims more than `20 lakhs	Chief PMG	Approver 5
*Note: If  one policy is having sum assured more than `20 lakh and aggregate sum assured of all policies is less than or equal to `30 lakh, then also all claims should move to Chief PMG. -PA Legacy
Limits for RPLI
Function	Criteria	Approving authority	Queue Name
1. Proposals (NBF) Settlement of maturity claim & survival benefit claim	Single or aggregated sum assured <=`5 lakh	1. Head Postmaster of HO 2.Sr.Postmaster                                     3. Chief Postmaster 4.Asst Director of HOs headed   by Directors	Approver
	Single or aggregated sum assured >`5 lakh & <=`10 lakh	1. Director of HOs                              2.  DPS (Hq)/ Regional      DPS     3. PMG in RO/ CO

source:PA Legacy