Tuesday, February 20, 2007

Insurance for the Poor

SWI has begun an insurance coverage for the poorest people of the area in collaboration with Life Insurance Corporation of India. It is called Jana Shree Bima Yojana. According to this every poor person can pay a nominal premium of Rupees one hundred per annum and get the benefits in case of any death or accident. In case of loss of one limb, the benefit will be to the tune of Rupees 37,500; in case of loss of two limbs or permanent disability, it shall be Rupees 75,000 and in case of death, the nominee shall get Rupees 75,000. Although the benefit is small, it still adds value to the program. Well, there are many poor who cannot afford even the 100 rupees (about 2.5 USD or 2 Euro) as premium per year. If someone is interested in helping such poor for payment of their premium, you may contact us at my E-mail. On the part of SWI, Ms. Shivangi Gupta is coordinating the program. We have already supported 142 men & women from the poorest section of society. The list of which can be seen at : http://spreadsheets.google.com/pub?key=pKIHyb2htoCbhl-npPQIeSA

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