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News: Yesterday, Prime Minister launched the Bima Sakhi Yojana of Life Insurance Corporation (LIC).
About Bima Sakhi Yojana
- It is an initiative of LIC to appoint over two lakh woman insurance agents over the next three years.
- The aim is to empower women aged 18-70 years who are Class X pass.
- To promote financial literacy and institutional awareness, women agents will be provided with specialised training and a stipend for the first three years.
- Stipend Amount: The woman agents will get a stipend of Rs. 7000 per month for the first year, Rs. 6000 per month in the second year and Rs. 5000 per month in the third year.
- Bima Sakhis will also receive the benefit of commission.
About LIC
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