Department of Posts hiring insurance agents

Hyderabad, October 14:  The Department of Posts, AP Circle is hiring an unspecified numbers of direct agents to work for the Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) through walk-in interviews.

The minimum educational qualifications should be a pass in 12th standard for those who are living in areas with a population of 5,000 or above 10th standard for those living in any other places. Interested candidates might attend the walk-in-interview on October 31 at the officer of the senior superintendent of posts, Secunderabad Division, Hyderabad at 10 am with relevant proof of date of birth and educational qualifications. Short-listed candidates would be given provisional licence number besides necessary training to get through the licentiate examination conducted by Insurance Institute of India to get permanent licence.

The PLI agents would get 0.25 per cent commission on the sum and two per cent on renewal premium collected by them on cash policies procured by them. For RPLI agents, it would be 10 per cent on premium collected for the first 12 months after acceptance and 2.5 per cent on renewal premium, according to a release.

Declaration of bonus on PLI policies for the year 2010-11

Click here to view  Directorate of Postal Life Insurance memo No 04-02/2012-LI dated 17.06.2013 on the above subject matter.

Postal Life Insurance coverage extended to new groups

As a positive development and an appropriate strategy for publicity and securing business, Department of Post has approved expension of the clientele eligible for PLI. Henceforth, the PLI can be extended to the following groups: 

•Employee engaged/appointed on contract basis by Central/State Goverment, where the contract is extendable.

•Employees of Joint Venture in which Central/State Government/Public Sector Undertaking/ Nationalised Banks have minimum holding of 10 percent.

•Members/employees of credit Cooperative Socities and other cooperative socities registered with Goverment under the Cooperative Socities Act and partly or fully funded from the Central /State Govt./RBI /SBI/ NABARD Nationalised Banks and other such institute notified by Government.

•Employees of Deemed Universities and Educational Institutes accredited by recognised bodies such as National Assessment and Accreditation Council, All India Council of Technical Education, Medical Council of India, etc.and or affiliated to Universities/ Boards etc.

•Employees of all Scheduled Commercial Banks.

Incentive to Mailoverseers for procuring RPLI Business.

DIRECTORATE OF POSTAL LIFE INSURANCE

Department of Posts, Ministry of Communications &

Information Technology, Government of India

Chanakyapuri Post Office Complex, New Delhi -110 021.

No.30-1/2010-LI                                                                     Dated : 21-02-2012.

To

Ms. Karuna Pillai,

Chief Postmaster-General,

Andhra Pradesh Circle,

Hyderabad-500 001.

Madam,

            This is regarding clarification on the following item proposed for discussion in the JCM.

Item : Incentive to Mailoverseers for procuring RPLI Business.

Clarification : Rule 5(22) of Post Office Insurance Rules, 2011 defines that “marketing staff” is an official or person who is authorized by the Postsmaster-General or Head of Division to procure Postal Lie Insurance and Rural Postal Life Insurance business.  The marketing staff includes IPOs, ASPOs, ASRMs, Ex.DO(PLI), PRI(P), Postmasters, Selected Postal Assistant, Postman, Retired GDS BPM, DO(PLI), Field Officer(PLI), SRM (Rural S.O), GDS staff and also includes Direct Agents such as Anganwadi worker, Mahila Mandal worker, Ex-Serviceman, Retired school teacher, SHGs, Gram Pradhkan & Member Gram Panchayat and any other official/persons as considered suitable by the Head of Postal Division.  As such, if Mailoverseer is engaged- depending upon suitability in procuring RPLI business/policies, he also entitled for incentive as par with other Departmental officials.

DECENTRALISATION OF PLI/RPLI

Directorate of Postal Insurance

Department of Posts, Ministry of Communications

Information Technology, Government of India

Chanakyapuri Post Office Complex, New Delhi-110 021

No. 30-1/2010-LI Dated 27.01.2012

To

1.          Col. Kamlesh Chandra,

Chief Postmaster General,

Uttar Pradesh Circle,

Lucknow-226001

2.         All CPMsG.

Respected Sir,

Kindly refer to letter no. 08/15/2011-SR dated 16.01.2012 from SR Section

 Department of Posts enclosing minutes of the meeting taken by 

Secretary(Posts)/Postal Staff Board with the Postal Joint Council of Action 

on 10.01.2012 and 12.01.2012. It is requested to kindly take necessary

 action with regards to Para 7 of the minutes.

                                                                                                                          Sd/(R. Santhakumar

                                                                                                                           Dy. Divisional Manager

CONTENTS OF PARA -7 OF THE MINUTES

PARA 7 DECENTRALISATION OF PLI/RPLI

The staff side was explained in detail about the competition being faced by the Department in the field
 of PLI/RPLI and the benefits to be derived by decentralizing the functions.
 The staff side expressed apprehension about relocation of staff due to the process of decentralization. 
Member (PLI) explained as to how the role of DPLI was going to be redefined by making the 
job more productive and the fact that job description for each category of staff had been
 worked out and the staff of PLI will play an important role in increasing the 
business and providing after sale service.
 The request of the staff side to permit the Circle/Regional Office branch of PLI to accept, 
process and service the policies relating to their Headquarter cities where they were located was 
accepted to.