| Topic : Microfinance: Financial Services for the Poor |
|
|
|
Activity:
Question posted: 10 27 2009 13:52:09 +0000,
0 answers, 504 views, last activity
07 06 2010 20:18:08 +0000
|
|
The Life Insurance Corporation of India launched its second micro insurance product ‘Jeevan Mangal’. The first being ‘Jeevan Madhur’, an Endowment Assurance plan and ‘Jeevan Mangal’ are customized offerings to cater to the distinct needs of the most vulnerable low income sections of Indian population.
Jeevan Mangal is a term assurance plan with return of premium on maturity providing for a sum assured (risk cover) ranging from minimum of Rs 10,000 to maximum of Rs 50,000 with an optional accident benefit rider, together providing for total death benefit equal to double the sum assured, on death due to accident.
Flexible modes of premium payment have been provided ranging from weekly, fortnightly, monthly, quarterly, half-yearly, annually and a single premium payment option has also been provided.
Can LIC becomes the leader in micro insurance sector just like the life insurance?
|
|
LIC as a Banking Services |
|
|
0 referals
6 arguments,
373 views
|
|
|
There is a talk that MFI's could cause a bubble in the country the only way to prevent this is... |
|
|
60 referals
11 arguments,
252 views
|
|
|
No! India can do without the FBI in retail sector. vs Yes! It is needed for both the farmers and... |
|
|
157 referals
16 arguments,
349 views
|
|
|
|
|
|
|
|
|
Hello sir, My name is rakesh and I've completed my system management and networking from NIIT... |
|
|
1 referals
0 answers,
0 views
|
|
|
do you know any open source softwares? |
|
|
0 referals
0 answers,
0 views
|
|
|
|
0 referals
0 answers,
0 views
|
|
|
Yes everybody is talking green, green energy and clean technology and the companies associated with it, but there is very little knowledge known about this technology and the companies, and yes there is too much of ambiguity about all these things,... |
It is very difficult to say at the moment, with investments not coming the way we thought as due to the high inflation which is not being tamed and it is going ridiculously high and all the essential commodities are going out of reach for the common... |
Yes politics has nothing to do with this. Dignity is a persons own thing. If you keep it up you will be respected... |