Prime Minister Modi Launches LIC Bima Sakhi Yojana to Empower Women

Prime Minister Narendra Modi has launched the Bima Sakhi Yojana, an initiative by LIC to promote financial literacy and insurance awareness among women. The yojana aims to empower rural women by training them as insurance agents (Bima Sakhis) who will educate and enrol other women in life insurance policies, ensuring financial protection for their families.

Benefits of LIC Plans —

Buy LIC policy online hassle free

Tax saving under Sec 80C & 10(10D)^

High returns market link plans

Sovereign guarantee as per Sec 37 of LIC Act

We are rated⁺⁺

9.7 Crore

Registered Consumer

Insurance Partners

4.9 Crore

Policies Sold

Now Available on Policybazaar

Grow your wealth with LIC

Your Name

+91

Mobile Number

View Plans

Your personal information is secure with us

By clicking on "View Plans" you agree to our Privacy Policy and Terms of use

Get Updates on WhatsApp

We are rated⁺⁺

9.7 Crore

Registered Consumer

Insurance Partners

4.9 Crore

Policies Sold

Women's Empowerment Through Financial Literacy

The Bima Sakhi Yojana focuses on educating women about the importance of insurance and financial planning. This initiative boosts their financial literacy and provides them with a source of income as insurance agents.

LIC’s Role in Implementation

The Life Insurance Corporation of India (LIC) plays a critical role in implementing the program by offering specialized training to women from rural areas, equipping them with the skills to sell and promote LIC’s insurance products. With this training, Bima Sakhis can guide their communities on life insurance policies that provide financial security to families in times of crisis.

Economic Impact

The initiative, led by Prime Minister Modi, seeks to create a ripple effect by improving women's financial independence, increasing insurance penetration in rural areas, and creating a network of trusted local agents. This project aligns with Modi’s vision of a more financially inclusive society where women play a significant role in economic activities.

Financial Security for Families

Through the Bima Sakhi Yojana, LIC promotes long-term financial planning among women, making it easier for families to safeguard their financial future through affordable life insurance products. The trained Bima Sakhis help women understand the importance of life insurance, health coverage, and pension schemes, ensuring that families can mitigate financial challenges in the event of unforeseen circumstances.

In conclusion, this initiative is a significant step towards women’s empowerment and financial inclusion, with LIC and PM Modi’s leadership bringing a much-needed focus on financial literacy for women across India.

Different types of Plans

Term Insurance Plan

Life Insurance

List of Term Insurance Companies

TROP

Term Insurance For Senior Citizen

Term Insurance For Spouse

Term Insurance For Family

Term Insurance For NRI

List of Term Insurance In India

Life Insurance Corporation of India

What is Term Insurance?

Term Insurance Calculator

1 Crore Term Insurance

2 Crore Term Insurance

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
+Returns Since Inception of LIC Growth Fund
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
++Returns are 10 years returns of Nifty 100 Index benchmark
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in