Micro insurance: Securing the future of low income group

India is a country with a population of 1.2 billion. It is estimated that 37% of the total population live below poverty line (BPL). Social security for BPL people is a matter of concern for the nation. In this article, coverage is given to micro insurance which is one of the important social security measures for poor people like farmers, workers, labourers, etc.

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Health insurance awaits recognition from senior citizens

As per recent reports, nearly 7.5% of India’s population is presently aged 60 years and above. Less than 1% of these would be covered under any kind of health insurance plan. Being estimated that India will soon become home to the second largest number of senior citizens in the world, these numbers show a worrying picture, despite most General insurers offering specific plans for the elderly.

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Bajaj Allianz renews tie-up with Shamrao Vithal Co-operative Bank

Shamrao Vithal Co-operative Bank has renewed its tie up with Bajaj Allianz Life Insurance Company, one of India’s leading private life insurers, for the second consecutive term, further strengthening the relationship between the two organizations The arrangement will make available the wide array of Bajaj Allianz Life’s products to over ten lac customers spread across 7 states & 126 select branches. The wide range of product also include group insurance plans that are economically priced and are meant for covering certain class of loan borrowers of the bank.

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