LIC plans to enroll 100,000 Bima Sakhis in the next 12 months and 200,000 Bima Sakhis in three years as part of its women empowerment drive.
Life Insurance Corporation of India keeps bringing insurance policies for every section. Now the government insurance company has started a scheme for women, under which one can avail a minimum benefit of Rs 7000 per month. Prime Minister Narendra Modi launched this scheme on Monday. The name of this scheme is Bima Sakhi, which has been started by the Life Insurance Corporation of India (LIC) with the aim of empowering women financially.
The aim of the Bima Sakhi scheme is to enlist 100,000 Bima Sakhis within a year, so that rural women can be given an opportunity to become insurance agents, earn a livelihood and increase awareness about insurance in rural areas. The LIC Bima Sakhi scheme is expected to not only create new livelihood opportunities for village women, but will also improve the reach of insurance in the deprived areas of India.
By combining social welfare with business growth, LIC’s initiative aims to empower women and contribute to the broader goal of financial inclusion. The scheme targets women aged 18 to 70 years who have received education up to at least 10th class. LIC plans to enroll 100,000 Bima Sakhis in the next 12 months and 200,000 Bima Sakhis in three years as part of its women empowerment campaign.
Features of this scheme
- Women participating in this scheme will be given a fixed stipend for the first three years in addition to the commission earned from policy sales.
- The estimated monthly income for women will start from Rs 7,000.
- During the first year, individuals will receive Rs 7,000 each month.
- The monthly payout will reduce to Rs 6,000 in the second year.
- The amount will reduce to Rs 5,000 by the third year.
- Women who achieve or exceed sales targets will be given additional commission based incentives.
Freedom to work is given under this scheme. Also, training will be provided to the agents by LIC. By enrolling in the program, women will receive special training and financial literacy support for the first three years. Graduate Bima Sakhis will get the opportunity to work as LIC agents and they can also be eligible for the role of development officer within the company.
Who can apply?
Women aged between 18 to 50 years are eligible to apply for this program. The minimum qualification for this is 10th pass and women living in rural areas will be given preference in this. Relatives of existing agents and employees will be considered ineligible in this scheme.
How to apply online?
Interested candidates can submit their applications online after the official launch by Prime Minister Narendra Modi on December 9, 2024 at 2:00 pm. The registration details and application form will be available on the official LIC website.
