Wed, Dec 24, 2014 - Page 4 News List

Post office insurance goes micro

PETITE POLICIES:The postal company’s micro-insurance plan aims to give coverage to farmers, fishermen and other individuals and families of limited economic means

By Shelley Shan  /  Staff reporter

Chunghwa Post yesterday launched a micro-insurance plan for economically disadvantaged families and individuals, under which premiums are capped at NT$500 a year.

Company chairman Philip Weng (翁文祺) said that the post office has 1,324 outlets around the nation, adding that farmers, fishermen and individuals with a personal annual income of less than NT$350,000 can subscribe to the plan.

Families with a combined annual income of less than NT$700,000 are also eligible.

According to the company, the maximum insured amount offered under the micro-insurance plan is NT$300,000.

Prior to the micro-insurance program, the postal firm offered simple life insurance policies to the public, with its services accounting for 8.5 percent of the market.

In addition to its new insurance plan, the company also unveiled the new uniforms of its postal inspectors.

Weng said that the new uniforms are part of the company’s plan to transform its corporate image.

“We have 584 postal inspectors. Like a command sergeant major in the army, a postal inspector is in charge of 12 mail carriers each day and needs to handle mail that generates various issues,” he said.

Weng said that the designer of the revamped uniforms changed the color of the outfits from light to dark green, a shade that is mean to convey an image of stability and reliability.

He added that the color of the postal inspector’s tie has also been changed from black to dark blue and emblazoned with flower patterns.

The materials chosen to produce the new uniforms are the same as those used in the uniforms worn by military officials, Weng said.

In addition to bearing a name tag and a patch showing the rank of the postal inspector, Weng said that the uniforms will now also feature a medal to represent excellence in service.

The company said that the new uniforms will be rolled out after Jan. 1, adding that it is also planning to show off the new uniforms of its 20,000 mail carriers and service personnel in post offices nationwide starting on April 1.

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