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Core Insurance Solution (CIS) for Postal Life Insurance (PLI) is rolled out in 808 head post offices and corresponding 24,000+ sub post offices. In September 2017, it was announced that by 2018 all of the 1.55 lakh post offices, every postman and grameen dak sevak (postmaster) will accept all payment options that the India Post Payments Bank ...
Life insurance annuity: An annuity is a long-term investment that pays fixed payments on a regular interval, such as monthly or yearly. While this won’t grant you access to the entire amount ...
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.
Pakistan Post (Urdu: پاکستان ڈاک) is a state enterprise which functions as Pakistan's primary and largest postal operator. [1] 49,502 employees through a vehicle fleet of 5,000 operate traditional "to the door" service from more than 13,419 post offices across the country, servicing over 50 million people.
The modern Japanese system was developed in the mid-19th century, closely copying European models. Japan was highly innovative in developing the world's largest and most successful postal savings system and later a postal life insurance system as well. Postmasters play a key role in linking the Japanese political system to local politics.