The stipend paid to Bima Sakhi women under the Life Insurance Corporation of India (LIC) Bima Sakhi Yojana is as follows: First year: Rs. 7,000 per month Second year: Rs. 6,000 per month, if at least 65% of policies completed in the first year are in force Third year: Rs. 5,000 per month, if at least 65% of policies completed in […]
This scheme allows women to work as LIC agents with added benefits like a fixed stipend during the initial years. Along with commissions earned through policy sales, this initiative ensures women start their journey with financial stability.
Women must be aged between 18 and 70. The minimum qualification of a woman must be 10th grade passed. Preference will be given to women residing in rural areas.
The LIC Bima Sakhi Yojana empowers women, especially rural women, to be independent and financially secure. It provides training to women, with a stipend of 3 years, to become insurance agents. Along with empowering women, it will also improve the accessibility of insurance to rural areas.