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.
SOURCE'PIB