Bima Sakhi Yojana

• 10 Dec 2024

Source: PIB 

The Prime Minister recently launched the 'Bima Sakhi Yojana' of Life Insurance Corporation, with an aim to provide jobs to 2 lakh women, reinforcing the commitment towards women empowerment and financial inclusion. 

• LIC’s Bima Sakhi is a stipend-based program exclusively for women, offering specialised training and financial support for a period of three years. 
• Eligibility: Women aged between 18 and 70 years who have completed their 10th-grade education. 
• Each Bima Sakhi will earn a monthly stipend of Rs 7,000 in the first year, Rs 6,000 in the second year, and Rs 5,000 in the third year.  
  • Additionally, women agents can earn commissions based on the insurance policies they secure. 
• After training, they can serve as LIC agents and the graduate Bima Sakhis would have the opportunity to qualify for being considered for Development Officer roles in LIC. 

Read More: Beti Bachao Beti Padhao Scheme