Bima Sakhi Yojana 2025 is a women inclusive insurance plan and is a revolutionary move by the Indian government to offer low-cost life insurance cover and financial freedom to women. Crafted with the welfare of women in the low-income category in mind, this program will provide protection against all risks at a very low financial burden, and it will also put them in a situation where they can earn a certain amount of money by acting as ambassadors of the insurance policies. The scheme is introduced with a simplified enrolment (a step to overcome the gap between women coverage and insurance penetration in both rural and urban India) as well as attractive benefits to close the gender gap.
Key Features and Benefits
Bima Sakhi Yojana is very accessible as it offers life coverage of 2 lakhs at a not-so-hefty annual premium of 436. The package also provides a cover in case of accidental death, in addition to disability coverage with certain exemptions to women in business, who are also encouraged to become the so-called “Bima Sakhi” (insurance friends). Such ambassadors receive commission as they disseminate financial awareness to the communities.
Eligibility Criteria
The Indian women of anti economically weak dispositions, 18-60 years in age and the beneficiaries of other government welfare programs will be given preference upon registration. Up to 2 lakhs coverage they do not require any medical tests. Member of women self help groups and ASHA workforce is being actively mobilized into the program.
Enrollment Process
During registration, one can do it via common service center (CSC) or bank mitra or at the official portal via aadhaar authentication. The process is instant and without paper with the issued policies sent electronically. Bima Sakhis help beneficiaries in vernacular languages so that they may be accessed more.
Claim Settlement Process
Claims may be filed in the closest CSC, or the company itself by providing LIC with the death certificates and the policies in question. The plan can ensure settlement in a short time (30 days) of direct benefit transfer. Special help desks assist the illiterate beneficiaries on how to proceed with the claims.
Bima Sakhi Yojana 2025 Premium Structure
Its low premium tier begins at 436 in annual premiums on 2 lakhs coverage and includes options on payments. SHGs can obtain group discounts, and Bima Sakhis will get 10 percent commission of each policy that they facilitate, generating his/her sustainable livelihood.
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