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    Question

    LIC Bima Sakhi Yojana was launched in December 2024 to

    train rural women as insurance agents with monthly stipends and commission-based income. What is the eligible age range for women to apply under this scheme?
    A 18 to 55 years Correct Answer Incorrect Answer
    B 21 to 60 years Correct Answer Incorrect Answer
    C 18 to 65 years Correct Answer Incorrect Answer
    D 18 to 70 years Correct Answer Incorrect Answer
    E 25 to 60 years Correct Answer Incorrect Answer

    Solution

    Under the LIC Bima Sakhi Yojana, women aged between 18 and 70 years are eligible to apply. About the Scheme • Launched on: 9 December 2024 by Prime Minister Narendra Modi • Implemented by: Life Insurance Corporation (LIC) • Objective: To empower rural women by training them to become insurance agents (Bima Sakhis), thereby improving insurance penetration in rural India. Eligibility Criteria • Gender: Only women are eligible • Age Limit: Must be between 18 and 70 years • Minimum Education: Should have passed 10th grade • Residency: Preference to women from rural areas Stipend Structure  • 1st Year: ₹7,000 per month • 2nd Year: ₹6,000 per month • 3rd Year: ₹5,000 per month Training Duration • 3-year structured training program on LIC’s products, financial literacy, and insurance awareness • After 3 years, trained women can work as LIC insurance agents, earning through commissions and incentives

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