Micro Insurance (Partnership with LIC of India)

Micro Insurance (Partnership with LIC of India (Udham Singh Nagar, Uttarakhand) ( 2009 – 2017 )

Introduction:

LIC offered micro insurance policy named Jeevan Madhur for poor and marginalized people living in rural and urban areas. The policy aims to insured those people who are unable to purchase a policy of big amount. This policy is very convenient in respect of minimum premium and easy installment.

Objectives: To motivate the poor people to get insured.

 Beneficiaries:

Needy member of all communities.

Activities: IMPART selected by LIC, Haldwani division for selling of micro insurance policy among needy community. Two motivator of IMPART get trained by LIC office. IMPART   insured 3000 men and women of Rudrapur block. As of now 44 insured people has received death claims.

 Monitoring: The insurance program was monitored by LIC office, Haldwani division.