About Bima Sakhi Yojana:
- It is an initiative of the state-owned Life Insurance Corporation (LIC).
- It is designed to empower women aged 18-70 years who have passed out of Class 10.
- They will receive specialised training and a stipend for the first three years to promote financial literacy and insurance awareness.
- Under the scheme, female agents will get a stipend of Rs. 7,000 per month for the first year, Rs. 6,000 per month in the second year, and Rs. 5,000 per month in the third year.
- Bima Sakhis will also get commissions. They will receive a commission of Rs 48,000 (excluding bonus) for the first year.
- The plan is to appoint two lakh Bima Sakhi over a period of three years.
- Following the completion of the training, women can serve as LIC agents, and the graduate Bima Sakhis would have the opportunity to qualify for being considered for development officer roles in LIC.
- Relatives of existing agents and employees are not eligible for the scheme. Retired employees are also ineligible.
Q1: What is the Life Insurance Corporation (LIC)?
LIC is a state-owned organization and India’s largest life insurance company. Established in 1956, LIC has provided insurance coverage to millions of individuals and families nationwide for over six decades.
Last updated on June, 2025
→ UPSC Notification 2025 was released on 22nd January 2025.
→ UPSC Prelims Result 2025 is out now for the CSE held on 25 May 2025.
→ UPSC Prelims Question Paper 2025 and Unofficial Prelims Answer Key 2025 are available now.
→ UPSC Calendar 2026 is released on 15th May, 2025.
→ The UPSC Vacancy 2025 were released 1129, out of which 979 were for UPSC CSE and remaining 150 are for UPSC IFoS.
→ UPSC Mains 2025 will be conducted on 22nd August 2025.
→ UPSC Prelims 2026 will be conducted on 24th May, 2026 & UPSC Mains 2026 will be conducted on 21st August 2026.
→ The UPSC Selection Process is of 3 stages-Prelims, Mains and Interview.
→ UPSC Result 2024 is released with latest UPSC Marksheet 2024. Check Now!
→ UPSC Toppers List 2024 is released now. Shakti Dubey is UPSC AIR 1 2024 Topper.
→ Also check Best IAS Coaching in Delhi