{"id":246181,"date":"2023-06-03T19:52:10","date_gmt":"2023-06-03T14:22:10","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=246181"},"modified":"2023-06-03T19:52:10","modified_gmt":"2023-06-03T14:22:10","slug":"irdai-eyes-insurance-push-in-rural-areas-with-bima-vahak","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/irdai-eyes-insurance-push-in-rural-areas-with-bima-vahak\/","title":{"rendered":"IRDAI eyes insurance push in rural areas with \u2018Bima Vahak\u2019"},"content":{"rendered":"\n<p><b>Source:\u00a0<\/b>The post is based on the article<b> \u201cIRDAI eyes insurance push in rural areas with \u2018Bima Vahak\u2019\u201d<\/b>\u00a0published in\u00a0<b>The Hindu\u00a0<\/b>on\u00a0<strong>3rd<\/strong><b>\u00a0June 2023<\/b><\/p>\n<h2><span id=\"What_is_the_News\">What is the News?<\/span><\/h2>\n<p>The IRDAI has issued draft guidelines for Bima Vahak, a dedicated distribution channel to reach out to every Gram Panchayat.<\/p>\n<h2><span id=\"About_the_all-in-one_insurance_policy\">About the all-in-one insurance policy<\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<td><strong>Must read:\u00a0<\/strong><a href=\"https:\/\/forumias.com\/blog\/all-in-one-policy-plan-to-spread-insurance-in-india\/\" target=\"_blank\" rel=\"noopener\"><strong>All\u00ad-in-\u00adone policy plan to spread insurance in India<\/strong><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Who are Bima Vaahaks?<\/h2>\n<p>Bima Vaahaks(carriers) is a women-\u00adcentric workforce in each Gram Sabha that will meet the women heads of each household to convince them about a composite insurance product like Bima Vistar.<\/p>\n<p>It is one of the key concepts of IRDAI&#8217;s \u2018Insurance for all by 2047\u2019 goal.<\/p>\n<p>They will be the crucial last-mile connect for insurers in the form of a field force comprising corporate as well individual.<\/p>\n<h2>About the draft guidelines on Bima Vaahaks<\/h2>\n<figure id=\"attachment_246184\" aria-describedby=\"caption-attachment-246184\" style=\"width: 521px\" class=\"wp-caption alignleft\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-246184\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2023\/06\/IRDAI-eyes-insurance-push-in-rural-areas-with-%E2%80%98Bima-Vahak.png?resize=521%2C340&#038;ssl=1\" alt=\"Bima Vahaks\" width=\"521\" height=\"340\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2023\/06\/IRDAI-eyes-insurance-push-in-rural-areas-with-%E2%80%98Bima-Vahak.png?w=765&amp;ssl=1 765w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2023\/06\/IRDAI-eyes-insurance-push-in-rural-areas-with-%E2%80%98Bima-Vahak.png?resize=300%2C196&amp;ssl=1 300w\" sizes=\"auto, (max-width: 521px) 100vw, 521px\" \/><figcaption id=\"caption-attachment-246184\" class=\"wp-caption-text\">Source: The Hindu<\/figcaption><\/figure>\n<p>Bima Vahaks, primarily comprising women, who can gain the trust of locals for the distribution and servicing of insurance products.<\/p>\n<p>Insurers will remain responsible for ensuring KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance with respect to the policies sourced through the Bima Vahaks.<\/p>\n<h2>What will be the expected benefits of Bima Vaahaks?<\/h2>\n<p>With the Bima Vahaks engaging with the diverse needs in every Gram Panchayat, insurers can adapt their offerings to provide comprehensive coverage and address financial protection needs.<\/p>\n<h2><span id=\"What_will_be_the_expected_benefits_of_an_all-in-one_insurance_policy\">What will be the expected benefits of an all-in-one insurance policy?<\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Must read: <a title=\"Universal cover \u2013 IRDAI\u2019s plans to expand risk protection levels need government backing\" href=\"https:\/\/forumias.com\/blog\/universal-cover-irdais-plans-to-expand-risk-protection-levels-need-government-backing\/\">Universal cover \u2013 IRDAI\u2019s plans to expand risk protection levels need government backing<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Source:\u00a0The post is based on the article \u201cIRDAI eyes insurance push in rural areas with \u2018Bima Vahak\u2019\u201d\u00a0published in\u00a0The Hindu\u00a0on\u00a03rd\u00a0June 2023 What is the News? The IRDAI has issued draft guidelines for Bima Vahak, a dedicated distribution channel to reach out to every Gram Panchayat. About the all-in-one insurance policy Must read:\u00a0All\u00ad-in-\u00adone policy plan to spread&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/irdai-eyes-insurance-push-in-rural-areas-with-bima-vahak\/\">Continue reading <span class=\"screen-reader-text\">IRDAI eyes insurance push in rural areas with \u2018Bima Vahak\u2019<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10498],"class_list":["post-246181","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/246181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=246181"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/246181\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=246181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=246181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=246181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}