Earn up to Rs 7000 every month with LIC Bima Sakhi Yojana; Check how to apply, documents and eligibility

The Life Insurance Corporation of India (LIC) has launched the LIC Bima Sakhi Yojana, a unique opportunity aimed at empowering women by offering them a chance to earn a steady monthly income, while promoting insurance awareness and penetration.

What is LIC Bima Sakhi Yojana?

LIC Bima Sakhi is a dedicated women empowerment initiative that aims to recruit and train women as LIC agents, helping them generate income while spreading insurance awareness in their communities. These "Bima Sakhis" are provided with special training, financial incentives, and promotional support to help them succeed.

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How much you can earn in LIC Bima Sakhi Yojana?

Under the LIC Bima Sakhi Yojana, selected women agents are eligible to receive a monthly stipend during the initial three years, based on their performance. In the first year, a fixed stipend of Rs 7,000 per month is provided.

Who cannot apply for LIC Bima Sakhi?

Individuals related to current LIC agents or employees are ineligible. Relatives include spouse, children (biological, adopted, step, dependent or not), parents, siblings, and immediate in-laws. Retired Corporation employees and former agents are not eligible for reappointment under the scheme. Existing agents cannot apply for this recruitment.

Documents required to apply for LIC Bhima Sakhi

The following documents should be attached to the application form:-
Self-attested copy of age proof
Self-attested copy of address proof
Self-attested copy of certificate of educational qualification
The latest passport size photograph should be uploaded along with the application form.

Who can apply
Minimum completed age should be 18 years as on date of application.
Maximum age at entry will be 70 years ( last birthday)
Minimum qualification - pass in 10th standard.

What is the stipend amount in the first year under LIC Bima Sakhi Yojana?
A fixed monthly stipend of Rs 7,000 is paid to eligible women agents during the first year.

Will I receive a stipend in the second year?

Yes, you will receive Rs 6,000 per month in the second year, provided that at least 65% of the policies completed in the first year are still in force during each month of the second year.

Will I receive the stipend if my policy in-force ratio is below 65%?

No, if the required percentage of policies are not in force during the respective year, you will not be eligible for the stipend in that year.

Is any training provided under this scheme?

Yes, LIC provides special training, marketing material, and promotional support to help Bima Sakhis become successful agents.