Micro Insurance
In collaboration with TATA – AIG Life Insurance KJT with its Micro Insurance plan is protecting the working rural poor. The plan that we have opted for our SHG women and villagers is called Sampoorna Bima Yojana. This is also called as saving plus Insurance plan. This is a scheme where a person from a village under the age group of 18 to 60 can avail. The plan have various scheme/policy from Rs.5000/- to Rs.50000/-. Under this scheme the client/beneficiary is suppose to pay premium which can be monthly/quarterly/six monthly/ yearly depending upon their plan and premium. The client will have to pay premium for ten years and the company will cover the client’s life insurance for 15 years. The client will get the sum assured on death of the client during the insurance period of these 15 years. If the client is safe and sound even after 15 years from the day of insurance starting period, the amount deposited by the person will be handed over to the client at the end of the term period.
As on June 2009 we have protected 752 working poor with a total sum assured of nearly three crores of Rupees.
Claims Settled
As on July 2015 we have protected 844 working poor with a total sum assured of nearly three crores of Rupees.
As on July 2015Eight death claims have been settled with rupees 7,10,000.
| S No. | Cluster | Insurance Policies |
|---|---|---|
| 1 | Anjar | 40 |
| 2 | Bhachau | 27 |
| 3 | Dhori | 187 |
| 4 | Gandhidham | 59 |
| 5 | GIDC | 194 |
| 6 | Nadapa | 81 |
| 7 | Nakhatrana | 75 |
| 8 | Naliya | 37 |
| 9 | Naikhakhar | 144 |
| Total | 844 | |