Bike and Car Insurance at Post office -Rollout
Just launched Car/Bike insurance at Post office/doorstep through IPPB DOP network in partnership with Bajaj Allianz and Tata AIG General Insurance.
No. 6-11/2018(PBI)
Government of India
Ministry of Communication
Department of Posts
(PBI Division)
Dak Bhawan New Delhi-110001
Dated 01 July,2021
To
All CPMGs
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Subject: Roll Out of General Insurance Products (Motor and Bike insurance with bajaj Allianz and Tata AIG General Insurance)
- I am directed to refer the subject mentioned above and to state that Distribution of General Insurance Products through IPPB DoP network in partnership with Bajaj Allianz General Insurance and Tata AIG General Insurance has been rolled out.With this partnership and products rollout, DoP network has now been enabled to address basic general insurance requirements of our customers.
- Initially the initiative shall cover 2-wheeler / 4-wheeler insurance distribution for customers on pan India basis. The services are live in MATM devices and all certified (POSP) end users are eligible to start insurance sales with immediate effect. All policies activated in the MATM may be issued on real time basis and without any extra documentation. The comprehensive product and process details to familiarize DOP staff & end users with the Standard Operating Procedures are annexed herewith.
- In this regard, Circles are requested to make all out efforts to spread awareness amongest End Users regarding the availability of the service through DoP Channel and ensure that certification process of End Users is completed. Further it requested to reach out to Post office customers and capture a substantial share of the General Insurance business.
