Home   >>    Insurance   >>    Life Insurance   >>     Overview

LIC ties up with SHGs

Punjab National Bank, in joint venture with LIC, has launched a life insurance scheme offering life and permanent disability insurance cover for credit-linked women self-help groups.

Apnainsurance.com Research Bureau

19 Aug 2008

Punjab National Bank, in joint venture with Life insurance Corporation (LIC), has launched a life insurance scheme offering life and permanent disability insurance cover for credit-linked women self-help groups (SHG).

The bank Executive Director Mr J.M Garg has launched this at Alwar in Rajasthan through handing over 100 policies to SHG women beneficiaries. Initially it covers 5000 members of the SHGs credit-linked to the bank. The annual premium stands at Rs 200 and the benefactor would contribute 50 per cent of the annual premium, the rest coming from the Social Security Fund of the Central Government.



Get Life Insurance Proposals
Upto 5 providers will offer you alternative proposals based on Sep 2016 premiums
?  
 
 

Prefered Insurance Cos:
  •  Any 5
  •  IDBI FORTIS
  •  ING VYSYA
  •  FUTURE GEN
  •  AVIVA
  •  SHRIRAM
  •  DLF
  •  CANARA HSBC
  •  SAHARA
  •  STAR UNION
  •  AEGON RELIGARE
  •  HDFC LIFE

 
 
 
 
 

I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use