Rural postal insurance scheme - ALLCGNEWS

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02 August 2010

Rural postal insurance scheme


    Rural Micro Insurance Policy has been popularized to attract weaker  sections of society, especially women, for insurance cover. Agency system  has been restructured to enable common persons to become agent of Postal  Insurance. Adequate training to agents and sales force upto Branch  Postmaster has been provided.

   Drive was launched on 1.10.2009 to popularise Rural Micro Insurance to  attract the weaker sections of society for insurance cover. Divisional heads  are authorized to empanel agents through walk in interview so that common  man can become agent of Postal Insurance and procure business . The  commission structure for agents has been revised based on First year premium  income and renewal premium income. Training is imparted to the agents  through IRDA accredited institutes.

   This information was given by the Minister of State for Communications and  Information Technology, Shri Gurudas Kamat in a written reply to a Question  in Lok Sabha today.

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