Wednesday, 21 November 2012

Postal Life Insurance eyes untapped market

BANGALORE: Backed by her husband who told her to take her career to a different level, B Jansi Rani forged ahead in her chosen field of insuring people. Rani has won accolades every year for her services to the Postal Life Insurance (PLI) department in Tiruchirapalli in Tamil Nadu.
This year, at the PLI national awards for outstanding performance by individuals, she swept up another one for overall performance. It is her third national award, and she travelled to Bangalore to receive the award on Tuesday.
"Postal work is monotonous and when I joined the PLI sector in 2006, I thought it would be challenging and interesting to meet people and understand them and their financial position, and convince them to take an insurance policy. It is hectic and I often go out of town for work, leaving my children with my husband, who is the pillar of my career," she said.
For R Venkadesan, it has become a habit to receive national awards for generating the highest revenue for the department. This developmental officer at Trichy circle of Tamil Nadu earned a whopping Rs 111 crore over the past year. "The term of this post is five years, but my term has been extended twice due to my capacity to generate revenue by selling insurance policies," he says with a humble smile.
Venkadesan's secret: his customers are king. Even when he's home with his children on Sundays, he finds time to attend to them, and balance work and family.
Then there's Hema Ram from Durg district in Chhattisgarh, who's mobilized over 12,200 people in 10 villages in his state. "I work in office from 6am, travelling to villages around to talk to people and convince them on insurance policies. The confidence they have in me has helped me win this award," said Ram. He earned Rs 31.25 crore in business this fiscal. He is also an agriculturist and grows vegetables and rice on his 20 acres.
PLI stands at second position after Life Insurance Corporation in the insurance sector, but is way behind in terms of business and market share. "A market survey reveals that around 80% of the country's population is still uninsured which means there is great potential in the market," said Faiz-ur-Rehman, chief general manager, PLI.
Source : The Times of India, 21 Nov., 2012

DPC for PS Gr. B and JTS Gr. A.

It is learnt from Directorate that vacancy calculation work (actually from roaster point) for DPC for PS Gr. B cadre is under process and DPC is likely to be convene in the first week of next month. As regards to DPC for JTS Gr. A, it will be held after the DPC of PS Gr. B.

Induction Training for IPs (Direct Recruit)

Induction Training forThe Induction Training for Inspector Posts (Direct) will be held for a period of 15 weeks from 17.12.2012 to 30.03.2013 at Postal Training Centre, Mysore-570 010. The details of Seats allotted for the Circles are as under:

Sl No.
Name of the Circle
Seat allotment
1
Andhra Pradesh
08
2
Chhatisgarh
02
3
Gujarat
08
4
Kerala
02
5
Madhya Pradesh
02
6
Maharashtra
05
7
Odisha
06
8
Tamil Nadu
04
Total
37