Besides creating income opportunities, Life Insurance Corporation (LIC)’s new scheme to engage two lakh women across the country to expand its business in three years will further strengthen the ‘insurance for all mission’, Prime Minister Narendra Modi on Monday said unveiling the scheme.
Speaking at the launch of LIC’s Bima Sakhi Yojana in Panipat, women can potentially earn around Rs 15,000/month going by the average earnings of insurance agents.
Modi said under two schemes run by the government –Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJB)—RS 20,000 crore claims of beneficiaries have been processed.
“We are committed to the empowerment of mothers, sisters and daughters across the country,” he said.
Speaking at the event, Finance Minister Nirmala Sitharaman said the women agent career programme can help women to become life time agents of LIC if they clear the requisite test after three years.
The scheme will help empower women aged 18-70 years, who are at least 10th pass.
Sitharaman said the government has been empowering women through its schemes. Giving the data she said 55% of 54 crore PM Jan Dhan bank accounts belong to women, 70% share in Mudra loans, 75% in Standup India and 45% in PMSwanidhi.