LIC Bima Sakhi Yojana: The LIC Bima Sakhi Yojana is a welfare initiative launched in collaboration with the Life Insurance Corporation of India (LIC) to promote financial literacy, women’s empowerment, and insurance awareness across rural India. Designed to provide sustainable livelihood opportunities, this scheme helps women earn a steady income while encouraging micro-insurance habits in local communities.
Here is a clear, simple guide covering everything you need to know about the scheme, its key benefits, eligibility criteria, and application process.
What Is the LIC Bima Sakhi Yojana?
The scheme aims to recruit and train women—especially those associated with Self-Help Groups (SHGs)—to work as official LIC agents, known as Bima Sakhis.
By becoming a Bima Sakhi, rural women are empowered to educate families in their villages about the importance of life insurance, assist in buying low-cost micro-insurance policies, and handle basic policy servicing. In return, they earn fixed stipends and commission income, making them financially self-reliant.
Key Benefits of the Scheme
- Steady Income & Commission: Participants receive an initial stipend along with commissions on every policy sold, creating a sustainable source of income.
- Professional Training: Selected candidates receive comprehensive training from LIC on insurance products, communication, and basic digital tools free of cost.
- Work Near Home: Bima Sakhis operate within their own villages or local areas, allowing them to balance family responsibilities with work.
- Community Financial Literacy: It helps boost insurance coverage in underserved rural regions through trusted local female representatives.
Eligibility Criteria
To join the LIC Bima Sakhi Yojana, applicants generally need to fulfill the following conditions:
- Gender & Resident Status: Open exclusively to female Indian citizens residing in the target rural/semi-urban areas.
- Educational Qualification: Candidates must have passed Class 10th (Matriculation) from a recognized educational board.
- Age Limit: Applicants must be between 18 and 50 years old.
- Preference: Women active in local Self-Help Groups (SHGs) under the National Rural Livelihood Mission (NRLM) are given preference.
Documents Required
When applying, candidates need to keep the following basic documents ready:
- Aadhaar Card (for identity and address proof)
- Class 10th Marksheet or Certificate
- Passport-size Photographs
- Bank Account Details (Passbook copy linked with Aadhaar)
- SHG Membership Certificate / ID (if applicable)
How to Apply
Interested women can apply through both online and offline channels:
Offline Method: Visit the nearest LIC Branch Office or contact local National Rural Livelihood Mission (NRLM) / Block Development Offices (BDO) to express interest and submit the application form along with required documents.
Online Method: Check the official LIC portal or state NRLM portals during active recruitment drives to register online under the Bima Sakhi initiative.
After initial shortlisting, candidates undergo a brief orientation and training program before receiving their official LIC agent license to start working.
