Key Highlights
- Launched on 7 January 2025, the scheme trains women (18‑70 years, minimum Class X) to become Life Insurance Corporation agents.
- Stipends of ₹7,000, ₹6,000 and ₹5,000 per month are provided for the first, second and third years respectively, amounting to ₹2.16 lakh over three years.
- Successful trainees may progress to LIC development officer positions, expanding career prospects.
- Goal: create 1,000 Bima Sakhis before the Prime Minister’s next visit, boosting grassroots life‑insurance penetration.
Detailed Insights
The Goa government, through Chief Minister Dr. Pramod Sawant, unveiled the Bima Sakhi Yojana as a pillar of the Swayampurna Goa 2.0 agenda. By targeting women who have completed at least secondary school, the program aims to blend financial literacy with practical employment. Training modules cover insurance fundamentals, sales techniques, and regulatory compliance, after which participants are certified as LIC agents. The tiered stipend structure is intended to support trainees while they acquire market‑ready skills. Beyond immediate earnings, the scheme envisions a pipeline toward senior LIC roles, thereby fostering long‑term economic independence for women and widening insurance coverage across the state.
Key Concepts
- Bima Sakhi Yojana: A state‑funded initiative that equips eligible women with the knowledge and credentials to sell Life Insurance Corporation policies.
- Financial Literacy: The understanding of financial products, risk management, and budgeting, emphasized during the training phase.
- Life Insurance Penetration: The proportion of households holding life‑insurance policies, a metric the program strives to improve.
- Development Officer (LIC): A supervisory position within LIC that offers higher remuneration and managerial responsibilities, accessible to top‑performing Bima Sakhis.