Department of Post is 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.