noun
Postal Life Insurance Bureau
Historical Japanese government bureau that managed postal life insurance services; now part of Japan Post Group.
簡易保険局は郵便局の簡易保険事業を管轄していた。
The Postal Life Insurance Bureau oversaw the postal life insurance operations of post offices.
Compound of 簡易 (simple, easy) + 保険 (insurance) + 局 (bureau, office). The name reflects the bureau's role in providing simplified life insurance through the postal system.