LIC Bima Sakhi Yojana: LIC has launched its new Bima Sakhi Yojana. This scheme does not limit women to just training them to sell insurance, but it also gives them a direction to earn independent income. Let’s know the benefits of ‘Bima Sakhi Yojana’ and who can apply.
LIC Bima Sakhi Yojana: To empower women financially, Life Insurance Corporation of India (LIC) has launched ‘Bima Sakhi Yojana’. Under this scheme, even 10th pass women can become LIC agents and get a monthly stipend of ₹ 7,000 in the first year. This scheme not only provides a stable income but also increases awareness about insurance.
What is ‘Bima Sakhi Yojana’?
This scheme is designed for women empowerment, in which selected women can work as LIC agents. LIC gives them a stipend of ₹ 7,000 per month initially (up to the first year), and in the second year, if 65% of the first year’s policy remains in-force, then they get a stipend of ₹ 6,000 / month. This amount is given on the basis of performance. LIC trains the women joining this scheme so that they can sell policies and increase awareness about insurance.
How much can women earn?
Women working in Bima Sakhi Yojana are given a stipend of ₹7,000 every month in the first year. In the second year, if 65% of the policies of the first year remain active, then ₹6,000 is given. In the subsequent years, the stipend depends on further performance.
Who can apply
The age of women applying for this scheme should be at least 18 and maximum 70 years. They must be at least 10th pass.
Who cannot apply?
Close relatives (husband, children, parents etc.) of existing agents or employees of LIC, old agents or retired employees and those who have previously been LIC agents.
These documents are required to apply:
- Self-attested copy of age certificate
- Self-attested copy of address proof
- Self-attested copy of educational qualification certification
- Passport size colour photo
LIC spends the biggest part of this plan on training and support of women. They are given in-depth knowledge of company policy, policy sales process, customer communication and marketing. LIC also provides marketing material, promotion kits and digital tools so that they can sell policies with confidence in the field.
