About Direct Incentive Disbursement Program:
- This programme will recognize the role of PLI’s sales force which is the driving force behind the department’s accomplishments.
- It will impact around two lakh sales force members across the nation, including Gramin Dak Sevaks, Direct Agents, Field Officers, and Departmental Employees.
- Key benefits of pilot program:
- Swift and Secure Transactions: Sales force receives incentives directly in their Post Office Savings Bank accounts.
- Convenience and Motivation: Sales force can conveniently manage their funds, and immediate rewards drive optimal performance.
- Simplified Administration: Automated payouts reduce administrative costs, enabling a greater focus on delivering client service.
Key facts about Postal Life Insurance
- It is the oldest life insurer in this country which was introduced on 1st February 1884.
- It started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the Telegraph Department in 1888.
- In 1894, PLI extended insurance cover to female employees of the erstwhile P & T Department at a time when no other insurance company covered female lives.
