LIC Bima Sakhi Yojana - Objective, Eligibility, Details and How to Apply

The LIC Bima Sakhi Yojana is scheme which empowers rural women by training them to become insurance agents (Bima Sakhis) with fixed stipends and commissions. This also improves insurance accessibility in rural areas. 

Learn more about the LIC Bima Sakhi Yojana, apply online, eligibility and more.

LIC Bima Sakhi Yojana

On 9 December 2024, Prime Minister Narendra Modi launched the LIC Bima Sakhi Yojana, a government-backed transformative scheme by the Life Insurance Corporation (LIC). The Bima Sakhi Yojana by the LIC is a stipendiary scheme exclusively for women. It empowers rural women financially by creating new livelihood opportunities and contributing to the broader goal of financial inclusion by making insurance accessible in rural areas across India.

Under this scheme, training is provided to eligible women for 3 years on LIC’s insurance products, financial literacy tools and policies and the need for insurance. They will receive a stipend during the training period, i.e. for 3 years, and they can work as LIC insurance agents after 3 years.

Once they become LIC insurance agents, they can educate their communities on insurance and insurance benefits and help families secure insurance policies that suit their needs. They will act as financial advisors, guiding families toward better financial management. LIC plans to enroll 1,00,000 women as Bima Sakhis under this scheme.

LIC Bima Sakhi Yojana Details

LIC Bima Sakhi Yojana Objective

LIC Bima Sakhi aims to empower women by enlisting 1,00,000 women within a year to provide new employment opportunities for rural women to become insurance agents, raise awareness about insurance in rural areas and earn a living. 

LIC Bima Sakhi Yojana Eligibility

• Women must be aged between 18 and 70.
• The minimum qualification of a woman must be 10th grade passed.
• Preference will be given to women residing in rural areas.

The following women are ineligible to apply for this scheme:

• Women related to existing agents and employees of LIC. Relatives include spouses, children, adopted and stepchildren, parents, sisters, brothers and immediate in-laws.
• Women should not be retired employees and ex-agents of LIC. 
• Women should not be existing agents of LIC.

LIC Bima Sakhi Yojana Stipend 

Stipend is provided under the LIC Bima Sakhi Yojana for 3 years. The stipend amount is as follows:

How to Apply for LIC Bima Sakhi Yojana?

Eligible women can apply for the LIC Bima Sakhi Yojana online through the LIC website. There is no provision to apply offline for this yojana.

LIC Bima Sakhi Yojana Apply Online

The LIC Bima Sakhi Yojana scheme apply online process is as follows:

Step 1: Visit the LIC website.

Step 2: Scroll down and click on the ‘Click Here For Bima Sakhi’ button.

Step 3: On the next page, fill in the required details, such as name, date of birth, mobile number, email ID, address, whether you are related to any agent/ employee of LIC and the captcha code and click ‘Submit’.

Step 4: Select your state and select the city you want to work in.

Step 5: Next, select the branch office and click ‘Submit Lead Form’.

LIC Bima Sakhi Yojana Documents Required

• Self-attested copy of address proof
• Self-attested copy of age-proof
• Self-attested copy of educational certificates

LIC Bima Sakhi Yojana Last Date

The LIC has not yet announced the last date for applying for the LIC Bima Sakhi Yojana.

The LIC Bima Sakhi Yojana empowers women, especially rural women, to be independent and financially secure. It provides training to women, with a stipend of 3 years, to become insurance agents. Along with empowering women, it will also improve the accessibility of insurance to rural areas.

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