Hyderabad, July 21 (UNI) Life Insurance Corporation of India on Monday said it has entered into a Memorandum of Understanding (MoU) with Department of Rural Development (DoRD), Ministry of Rural Development, to promote its Bima Sakhi Yojana in rural areas.
The MoU was signed during the National Conclave on Financial Inclusion – “Anubhuti” – organized by the Ministry from July 8 to 10, 2025 at Goa, the insurance company said in a release.
LIC’s Bima Sakhi Yojana is exclusively designed to help women get a strong foothold in the highly lucrative insurance distribution scheme.
It’s a performance oriented stipendiary LIC agency career only for women where all other benefits and privileges available for LIC agents are also provided.
It has been designed to enable women to have long term financial independence and add more strength to industry.
Under this scheme Bima Sakhi agents are provided with a facility to receive monthly stipends of Rs 7000 in first, Rs 6000 in second and Rs 5000 in the third agency year, subject to some terms and conditions.
Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY – NRLM) goals has been found to be in perfect alignment with the deliverables under Bima Sakhi Yojana.
