Insurance SamacharInsurance SamacharInsurance Samachar Research Bureau provides services related to information in insurance sector in India. It is located in Mumbai, the commercial city of India. Articles
Google SMS services launched in India
2007-10-09 16:06:00 Google announced today the launch of Google SMS? for mobile users in India . This beta offering brings the power of Google? Search to users? fingertips, making information available on the move, without the need of a computer or an Internet-enabled phone.With Google SMS mobile messaging service, users can get business listings, movie showtimes and more simply by sending a text message to the shortcode 54664 [5GOOG] from their mobile phones. This service is currently available on the Airtel, Aircel, BPL, BSNL and Reliance networks, and has relevant local data for mobile users in Bangalore, Delhi, Hyderabad and Mumbai. Carriers' premium text messaging rates apply."There's no denying the importance of text messaging in India, and the launch of Google SMS is a natural next step for our mobile strategy," said Vinay Goel, Head of Products, Google India. "Millions of new mobile users are being added every month, and Google SMS will provide them with a quick and easy way to get the inform... More About: Google , Technology , Services , Launched
Google SMS services launched in India
2007-10-09 16:06:00 Google announced today the launch of Google SMS? for mobile users in India . This beta offering brings the power of Google? Search to users? fingertips, making information available on the move, without the need of a computer or an Internet-enabled phone.With Google SMS mobile messaging service, users can get business listings, movie showtimes and more simply by sending a text message to the shortcode 54664 [5GOOG] from their mobile phones. This service is currently available on the Airtel, Aircel, BPL, BSNL and Reliance networks, and has relevant local data for mobile users in Bangalore, Delhi, Hyderabad and Mumbai. Carriers' premium text messaging rates apply."There's no denying the importance of text messaging in India, and the launch of Google SMS is a natural next step for our mobile strategy," said Vinay Goel, Head of Products, Google India. "Millions of new mobile users are being added every month, and Google SMS will provide them with a quick and easy way to get the inform... More About: Google , Technology , Services , Launched
Insurance Marketing - Use Your Marketing to Make a Connection with the Righ
2007-10-08 20:04:00 The objective of marketing is getting the attention of people who are interested in learning more about doing business with you. Using also ran marketing techniques that tell the prospect about you and your products is a complete waste of both time and money. If you want to connect with the people you?re marketing to you have to get their attention and provide value.Why do you respond to a marketing message? Whether it?s something you get in the mail, something you hear on the radio or TV, or something someone says to you in person you respond to a marketing message because it got your attention. It got your attention because the message told you something that you thought might be of value to you or for you. Once they had your attention you wanted to know more. Smart marketers provide you with a way to know more.Give your prospects a low risk way to get more information. Have you ever called an 800 number to get a free brochure, or send an email requesting a free guide, or f... More About: Marketing , Insurance , Sales , Connection , Make
Insurance Marketing - Use Your Marketing to Make a Connection with the Righ
2007-10-08 20:04:00 The objective of marketing is getting the attention of people who are interested in learning more about doing business with you. Using also ran marketing techniques that tell the prospect about you and your products is a complete waste of both time and money. If you want to connect with the people you?re marketing to you have to get their attention and provide value.Why do you respond to a marketing message? Whether it?s something you get in the mail, something you hear on the radio or TV, or something someone says to you in person you respond to a marketing message because it got your attention. It got your attention because the message told you something that you thought might be of value to you or for you. Once they had your attention you wanted to know more. Smart marketers provide you with a way to know more.Give your prospects a low risk way to get more information. Have you ever called an 800 number to get a free brochure, or send an email requesting a free guide, or f... More About: Marketing , Insurance , Sales , Connection , Make
ING Vysya Life receives additional capital infusion. Paid up capital increa
2007-10-08 19:33:00 ING Vysya Life today announced a capital infusion of an additional Rs. 25 crores, which increases the paid up capital to Rs. 790 crores. ING Vysya Life had entered the private life insurance industry in India in September 2000, and has sucessfully established itself in the insurance market with a pan India presence. To support its business expansion, the promoters of ING Vysya Life have further plans to infuse capital of Rs. 550 crores in the near future which will eventually raise the total paid up capital to Rs. 1,340 crores.The company recently launched ING Positive Life, a Unit Linked Saving Solution, in line with the market trends and has received good success. The company currently has twenty one life insurance products including eight Unit Linked products, which are available through its diversified distribution platform. More About: Insurance , Paid , Infusion , Capital
ING Vysya Life receives additional capital infusion. Paid up capital increa
2007-10-08 19:33:00 ING Vysya Life today announced a capital infusion of an additional Rs. 25 crores, which increases the paid up capital to Rs. 790 crores. ING Vysya Life had entered the private life insurance industry in India in September 2000, and has sucessfully established itself in the insurance market with a pan India presence. To support its business expansion, the promoters of ING Vysya Life have further plans to infuse capital of Rs. 550 crores in the near future which will eventually raise the total paid up capital to Rs. 1,340 crores.The company recently launched ING Positive Life, a Unit Linked Saving Solution, in line with the market trends and has received good success. The company currently has twenty one life insurance products including eight Unit Linked products, which are available through its diversified distribution platform. More About: Insurance , Paid , Infusion , Capital
Microsoft unveils Web-based health portal
2007-10-08 16:04:00 Microsoft has launched a free, ad-supported Web-based health portal called Health Vault, a resource that allows people to upload their medical records online and share their information with doctors.It is reported that other companies, such as Google and Steve Case's Revolution Health, as well as the federal government (USA) have been working on similar projects.Although some are concerned that such sites could make users sensitive to hackers, Microsoft says it has consulted with experts to ensure that HealthVault will keep personal information private.While it is estimated that such an electronic medical-record network would save more than $500 billion in medical costs over 15 years, it is reported that doctors are slow to adopt technology that has been around for more than a decade. Source: ProWEB Wire More About: Technology , Microsoft , Health Insurance , Portal
Microsoft unveils Web-based health portal
2007-10-08 16:04:00 Microsoft has launched a free, ad-supported Web-based health portal called Health Vault, a resource that allows people to upload their medical records online and share their information with doctors.It is reported that other companies, such as Google and Steve Case's Revolution Health, as well as the federal government (USA) have been working on similar projects.Although some are concerned that such sites could make users sensitive to hackers, Microsoft says it has consulted with experts to ensure that HealthVault will keep personal information private.While it is estimated that such an electronic medical-record network would save more than $500 billion in medical costs over 15 years, it is reported that doctors are slow to adopt technology that has been around for more than a decade. Source: ProWEB Wire More About: Technology , Microsoft , Health Insurance , Portal
General Insurance Council will review Health Insurance norms
2007-10-08 08:24:00 General Insurance Council, the forum of all general insurers under IRDA is working to review the health insurance norms followed by Insurance companies, said B D Banerjee, former CMD of Oriental Insurance company and National Insurance Company, and a member of committee for senior citizens insurance at IRDA.He was speaking at a seminar organised by the Bengal Chamber of Commerce and Industry.Various points would come under the review including indiscriminate non-disclosure fees charged, guidelines for conducting medical tests, and pre-existing illness definition for medical claims.Speaking on the occasion Suresh Mathur, joint director of IRDA, said that ambiguous policy terms had to be avoided for making the business more transparent. Also, health insurance has to be promoted to ensure proper coverage of the weaker sections of the society and senior citizens.Bannerjee, further added, In case a person has any symptoms of a disease, the entry load should be increased to adjust the cos... More About: Health , General , Review , Health Insurance
General Insurance Council will review Health Insurance norms
2007-10-08 08:24:00 General Insurance Council, the forum of all general insurers under IRDA is working to review the health insurance norms followed by Insurance companies, said B D Banerjee, former CMD of Oriental Insurance company and National Insurance Company, and a member of committee for senior citizens insurance at IRDA.He was speaking at a seminar organised by the Bengal Chamber of Commerce and Industry.Various points would come under the review including indiscriminate non-disclosure fees charged, guidelines for conducting medical tests, and pre-existing illness definition for medical claims.Speaking on the occasion Suresh Mathur, joint director of IRDA, said that ambiguous policy terms had to be avoided for making the business more transparent. Also, health insurance has to be promoted to ensure proper coverage of the weaker sections of the society and senior citizens.Bannerjee, further added, In case a person has any symptoms of a disease, the entry load should be increased to adjust the cos... More About: Health , General , Review , Health Insurance
General Insurance services among the relief offered by Govt. to rupee hit e
2007-10-07 22:01:00 Government today expanded the scope of service tax refund paid to exporters and increased the number of sectors eligible for reduced interest rates on pre-shipment and post-shipment credit to provide much-needed relief to businesses against an unabated rise in rupee.Exporters would now be given a refund of taxes paid on seven services, instead of four allowed earlier. The new services to be included in the scheme are general insurance, technical testing and analysis, and inspection and certification.The Centre had last month announced exempting services rendered by ports, road transport and railways from the purview of tax.It has also allowed payment of interest on an amount up to a maximum of one million dollars kept in Exchange Earners Foreign Currency accounts. The rate of interest, however, will be decided by the banks and the measure would be valid up to October 31, 2008.Besides, "such accounts should be in the form of term deposits, with a maturity of one year," the Finance Mi... More About: Services , Insurance , General , Relief , Rupee
General Insurance services among the relief offered by Govt. to rupee hit e
2007-10-07 22:01:00 Government today expanded the scope of service tax refund paid to exporters and increased the number of sectors eligible for reduced interest rates on pre-shipment and post-shipment credit to provide much-needed relief to businesses against an unabated rise in rupee.Exporters would now be given a refund of taxes paid on seven services, instead of four allowed earlier. The new services to be included in the scheme are general insurance, technical testing and analysis, and inspection and certification.The Centre had last month announced exempting services rendered by ports, road transport and railways from the purview of tax.It has also allowed payment of interest on an amount up to a maximum of one million dollars kept in Exchange Earners Foreign Currency accounts. The rate of interest, however, will be decided by the banks and the measure would be valid up to October 31, 2008.Besides, "such accounts should be in the form of term deposits, with a maturity of one year," the Finance Mi... More About: Services , Insurance , General , Relief , Rupee
Hyderabad to host CII health conclave on Oct 9
2007-10-07 21:27:00 The CII healthcare conclave coming up in Hyderabad next week will highlight the need for quality and affordability of medicare in the country as the sector continues to boom.The conclave to be held by Confederation of Indian Insustries (CII) on October 9, 2007 will also press for industry status for the sector. ?For a long time healthcare has been considered an unorganised industry with doctors turning entrepreneurs. The industry today is the largest employer and demands an industry status,? said Mr Vishal Bali, conference Chairman & CEO, Wockhardt Hospitals Group.?As a fast growing economy we need to focus on the healthcare sector. Today, the healthcare expenditure in the country is 5.2 per cent of the GDP and only 0.9 per cent of its gross expenditure, which is the lowest in the world. There is a huge need for investments to improve access to basic healthcare and fill the shortfall of approximately 8,00,000 beds in the country,? he addedThe conclave will focus on improving gap... More About: Health , Events , Insurance , Health Insurance
Hyderabad to host CII health conclave on Oct 9
2007-10-07 21:27:00 The CII healthcare conclave coming up in Hyderabad next week will highlight the need for quality and affordability of medicare in the country as the sector continues to boom.The conclave to be held by Confederation of Indian Insustries (CII) on October 9, 2007 will also press for industry status for the sector. ?For a long time healthcare has been considered an unorganised industry with doctors turning entrepreneurs. The industry today is the largest employer and demands an industry status,? said Mr Vishal Bali, conference Chairman & CEO, Wockhardt Hospitals Group.?As a fast growing economy we need to focus on the healthcare sector. Today, the healthcare expenditure in the country is 5.2 per cent of the GDP and only 0.9 per cent of its gross expenditure, which is the lowest in the world. There is a huge need for investments to improve access to basic healthcare and fill the shortfall of approximately 8,00,000 beds in the country,? he addedThe conclave will focus on improving gap... More About: Health , Events , Insurance , Health Insurance
Health insurance importance, tariff and reach emphasized at Health Insuranc
2007-10-07 20:35:00 Is Tariff really a critical factor in the growth of Health Insurance . Do people do not take health insurance because of tariff or due to a lack of awareness. Setting any kind of boundaries does affect a market, and probably that is what C. S. Rao, Chairman, Insurance Regulatory and Devleopment Authority meant to say."The healthcare industry has two concerns: insurance and removal of tariffs. Once tariffs are removed, insurance will get a boost, said C.S. Rao, while speaking at the Health Insurance Summit organized by the Confederation of Indian Industry (CII) on Oct 5, 2007 in Mumbai.Also it has been noted that senior citizens are unhappy with the existing health insurance schemes and an issue which needs to be addressed, said Mr. Rao.Health insurance in India forms a small part of insurance. With 75 percent of the Indians residing in the rural areas, more doctors need to be posted in these regions. Also, the poor have still to be taken care of by the government since it is only a ... More About: Events , Reach
Health insurance importance, tariff and reach emphasized at Health Insuranc
2007-10-07 20:35:00 Is Tariff really a critical factor in the growth of Health Insurance . Do people do not take health insurance because of tariff or due to a lack of awareness. Setting any kind of boundaries does affect a market, and probably that is what C. S. Rao, Chairman, Insurance Regulatory and Devleopment Authority meant to say."The healthcare industry has two concerns: insurance and removal of tariffs. Once tariffs are removed, insurance will get a boost, said C.S. Rao, while speaking at the Health Insurance Summit organized by the Confederation of Indian Industry (CII) on Oct 5, 2007 in Mumbai.Also it has been noted that senior citizens are unhappy with the existing health insurance schemes and an issue which needs to be addressed, said Mr. Rao.Health insurance in India forms a small part of insurance. With 75 percent of the Indians residing in the rural areas, more doctors need to be posted in these regions. Also, the poor have still to be taken care of by the government since it is only a ... More About: Events , Reach
More options in Health Insurance, with LIC to submit its proposed Health In
2007-10-06 18:32:00 Life Insurance Corporation of India would submit its proposed health insurance product to the insurance regulator IRDA this month said Mr D.D. Singh, Executive Director (Health ), LIC, at a health seminar organised by CII.Speaking more, he said the health insurance product will be a long-term policy and along with the hospitalization benefits will also factor in savings as one of the element.The main features of the product be would be hospital cash, family-floater and unit-linked components. The premium for the product will increase progressively on an annual basis as the customer?s age increases.Mr Singh said that the objective has been to keep the costs low.A key difference in the health insurance policy from the existing tradional policies is that the premium rates would increase with age. The premium in the tradional policies remain constant throughout the term.The other difference is expencted that the utilisation of the claim benefits will be decided bythe insured. LIC will r... More About: Life , Health Insurance , Options
More options in Health Insurance, with LIC to submit its proposed Health In
2007-10-06 18:32:00 Life Insurance Corporation of India would submit its proposed health insurance product to the insurance regulator IRDA this month said Mr D.D. Singh, Executive Director (Health ), LIC, at a health seminar organised by CII.Speaking more, he said the health insurance product will be a long-term policy and along with the hospitalization benefits will also factor in savings as one of the element.The main features of the product be would be hospital cash, family-floater and unit-linked components. The premium for the product will increase progressively on an annual basis as the customer?s age increases.Mr Singh said that the objective has been to keep the costs low.A key difference in the health insurance policy from the existing tradional policies is that the premium rates would increase with age. The premium in the tradional policies remain constant throughout the term.The other difference is expencted that the utilisation of the claim benefits will be decided bythe insured. LIC will r... More About: Life , Health Insurance , Options
IRM launches International Diploma in Risk Management
2007-10-06 10:16:00 LONDON: The London-based Institute of Risk Management has revealed a new International Diploma in Risk Management . The diploma is the IRM's postgraduate level distance learning qualification and has been redesigned in order to take into account a much broader view of risk and risk management, the IRM said.Steve Fowler, chief executive officer of the IRM, explained that the IRM views risk management as a multi-faceted, integrated, enterprise-wide, holistic tool."If you are teaching risk management, then you need to teach a balanced view of risk management, including the upside as well as the downside of risk," he said.The new diploma is post-graduate level, but a degree is not required?entry requirements are a degree or a certain level of experience?about three years' or more risk management experience at a senior level.Mr. Fowler said that features of the new course include a broad range of options with an enterprise-wide approach, international applicability and availability, imp... More About: Education
IRM launches International Diploma in Risk Management
2007-10-06 10:16:00 LONDON: The London-based Institute of Risk Management has revealed a new International Diploma in Risk Management . The diploma is the IRM's postgraduate level distance learning qualification and has been redesigned in order to take into account a much broader view of risk and risk management, the IRM said.Steve Fowler, chief executive officer of the IRM, explained that the IRM views risk management as a multi-faceted, integrated, enterprise-wide, holistic tool."If you are teaching risk management, then you need to teach a balanced view of risk management, including the upside as well as the downside of risk," he said.The new diploma is post-graduate level, but a degree is not required?entry requirements are a degree or a certain level of experience?about three years' or more risk management experience at a senior level.Mr. Fowler said that features of the new course include a broad range of options with an enterprise-wide approach, international applicability and availability, imp... More About: Education
Risk Managers AT FERMA help ACE raise $40,000 for Red Cross HIV/ AIDS educa
2007-10-06 08:00:00 Geneva: European Risk Managers attending the FERMA (Federation of European Risk Managers) Congress in Geneva have helped ACE European Group (ACE) to raise over $40,000 (EUR 30,000) for a Red Cross HIV/ AIDS educational programme in India.ACE Foundation- International contributed EUR 200 for each Risk Manager who attended ACE's charity reception at the Red Cross museum in Geneva on 1st October. The full contribution will support the Red Cross's life saving work increasing awareness of HIV/AIDS among young people in India's Northern State of Utter Pradesh.Andrew Kendrick, Chairman and Chief Executive Officer, ACE European Group said: "I would like to extend our heartfelt thanks to every risk manager who attended last night's event, enabling us to make this substantial contribution to the Red Cross's valuable work. Funding for this project is a priority for the Red Cross so every Euroraised will contribute directly to saving lives."The Red Cross HIV/AIDS education in India program... More About: Events
Applabs and Knowledgecore partner to offer Service Oriented Architecture
2007-10-06 07:00:00 AppLabs today announced it has signed a strategic partnership agreement with KnowledgeCore, an enterprise software solution company to support organizations in their implementation of Service -Orientated Architect ure (SOA).AppLabs and KnowledgeCore have developed a unique solution for the banking, financial services and insurance industries to help plan, prepare and implement high quality SOA developments and applications.SOA is a significant development in uniting Business and IT. According to leading analysts, this approach will be used in more than half of new mission-critical operational applications and businessprocesses designed in the next 12 months."The adoption of SOA is increasing at a phenomenal rate. Our partnership with KnowledgeCore will allow us to deliver a comprehensive quality management and testing solution with a real time dashboard. With SOA, organizations must get it right first time and therefore all stakeholders (Business and IT) need access to decision-making... More About: Technology , Partner
Shobhit University starts insurance scheme for students, and parents / guar
2007-10-06 06:50:00 Shobhit University , Meerut, has opened a personal accident insurance scheme called Adarsh SUBIDHA Scheme (Adarsh Shobhit University Bima Dhan Scheme) with United India Insurance Co. Ltd.The management showing the attitude to maintain corporate social responsibility and human ethics has opened the policy for Rs. 33 crore, operational since 10.09.2007The uniqueness of the policy is that it covers not only all the staff members of the University but also the first year students enrolled in the University as well as their parents/financing guardians from personal accident arising out of any violent/visible means resulting into partial/permanent disablement or death. Keeping in view the fact that in case of any untoward accident, the study of students does not get affected due to financial constraints.The extent of insurance coverage is as underStudents - Rs.1 LakhParent s /financing guardians - Rs.2 LakhStaff of University - Rs.1 LakhIn case of partial permanent disability the claim payab...
LIC in the process of electronic transformation
2007-10-05 19:25:00 Madurai: The Madurai Division of Life Insurance Corporation (LIC) will phase out the use of paper slowly with the introduction of Enterprising Data Management System (EDMS), which would pave way for keeping records in electronic form. S.Chandrashekar, Senior Divisional Manager of the LIC said the EDMS would facilitate LIC transactions by a policy holder from anywhere in the country. The EDMS facility had been introduced in Madurai division as a pilot scheme in the south zone. It is the second division in the country to get it. The uploading of the data has already begun and the exercise would be completed in a year?s time, he said. The LIC has also introduced Electronic Clearance System (ECS) in all its Madurai Branches to enable policy holders pay premiums using automatic debit facility from banks. There was also a plan to introduce credit card after the ECS. More About: Technology , Process
Indian Railway benefits by lower insurance cost from market competition
2007-10-05 17:40:00 Indian Railway is being sought after by insurance companies as each time you travel by train you are insured for just 4.75 paisa against accidents and untoward incidents including terror attacks.Indian Railways insured each of its passengers for just 4.75 paisa this year while the amount was 6.20 paisa per passenger last year. A senior railway official attributed the low rate of premium for each passenger to competitive rates offered by private insurance companies.?Because of the participation of private companies in the bidding, we are paying the premium at competetitive rates. It was 6.70 paisa in 2005-06 which has come down to 4.75 paisa this year,? said the official.ICICI-Lombard, a leading private sector insurance firm, has got the railway insurance account for Rs. 34.35 crores as premium covering an estimated 650 crore passengers in 2007-08. The contract is effective from 20 September this year to 19 September 2008. Railway accidents and untoward incidents like rioting, robbe... More About: Insurance , Market , Competition , Indian , Cost
Bajaj Allianz Life achieves milestone of 50 lakh policies
2007-10-04 17:37:00 Bajaj Allianz Life Insurance crossed a major milestone 50 lakh individual policies, since inception in October 2001. Riding on a strong growth momentum this financial year, the insurer issued over 15 lakh polices and collected over Rs2,500 crore in premiums, a company release said.?We have been focusing on reaching out to the masses across the country with wide range of flexible products and services to suit all segments of the society and this has helped us grow fast and build a strong brand name and customer franchise in a short span of time,? CEO Kamesh Goyal said.?So far the company has issued 5,026,704 policies. Last year, the total number of policies issued were more than 20 lakh 79 thousand,? Goyal revealed.The company entered into business in the second half of financial year 2001-02 after receiving license from insurance regulator IRDA and had issued 21,376 policies for the period.Bajaj Allianz Life Insurance reported a profit of Rs. 63 crore for the financial year 2006-... More About: Policies , Milestone
S&P gives better outlook to Chinese insurers than India
2007-10-04 17:29:00 New Delhi (PTI): Global rating agency Standard and Poors has given a better outlook to Chinese insurance industry than India as it feels the Communist nation is ahead in terms of regulatory reforms and opening of the sector.?Two major Chinese state-owned insurers have listed offshore and onshore, while India?s national insurers are still wholly government owned,? S&P said in its Asia-Pacific Insurance Outlook . These factors support the outlook on China?s insurance sector as the system would benefit from being more open and shareholder focused, it said, while giving a ?stable? outlook to Indian industry against ?positive? to Chinese firms. On a more specific evaluation, the rating agency said the freedom to general insurers to fix tariffs from 1 January in India may not improve underwriting performance.S&P also said less capitalization of state-owned Life Insurance Corporation, the country?s biggest insurer, comes in the way of potential growth in life insurance sector. Besid... More About: General
14 Ways to Promote Yourself (Sales tips for Customer Relationship)
2007-10-04 09:14:00 1. It's important for you to be in the minds of your clients as much as possible. You may find the following tips useful: Send cards to clients and their children on special days ? birthdays, anniversaries, specific holidays, New Year's, and so forth.2. Make your business cards stand out! A creative business card idea is one modeled after a baseball card with your photo on the front and your qualifications on the back.3. Give a donation to a charity in your client's name as a birthday gift to them.4. Send a birthday cake to clients.5. Become more active in social or civic organizations like the PTA or at a local church.6. Get a group of successful local business persons together to discuss and exchange business ideas from which you will all benefit.7. Send newspaper clippings of clients who have been featured in local newspapers. If you come across an article that would be of interest to a client you might send it to them as well.8. On your anniversary with the company, hold a sp... More About: Relationship , Promote , Tips , Sales , Customer
ICICI Prudential Life introduces smart cards for policy-holders in rural ar
2007-10-03 17:45:00 ICICI Prudential Life , in yet another innovative way to market their products and services has launched the biometric smart cards in the rural areas. The smart cards will store the policy details and enable the policy holder a hassle free way of maintaining his policy related activites.Some of the features are as below:Carry all policy details without any papersStore transaction details Pay renewal premiums and service transactions (service to be launched)Help customers during the time of claim Anita Pai, executive vice president, ICICI Prudential Life Insurance said, "As the company is expanding and reaching out to policyholders across the nation, it is critical for us to maintain our service experience amongst customers. The card will enable us to move away from the connectivity and infrastructure barriers and provide real time solutions to policyholders in the rural segment."ICICI Prudential Life Insurance has launched this unique service in partnership with Financial Information... More About: Technology , Smart , Policy
Health insurance for Below Poverty Line unorganised sector workers
More articles from this author:2007-10-02 08:25:00 New Delhi,(PTI): In keeping with the promise made by Prime Minister Manmohan Singh in his Independence Day address, the Government will launch on October 2nd a Health Insurance Scheme "Aam Aadmi Bima Yojana" for 40 crore unorganised sector workers.In the first phase, the health insurance cover will benefit workers and families living Below Poverty Line in the unorganised sector and States have already been asked to formulate projects, a Labour Ministry official said.Under the scheme, the launch of which was approved by the Union Cabinet earlier this month, it shall be the responsibility of the implementing agencies to verify the eligibility of the unorganised sector workers and his family members who are proposed to benefited.The beneficiaries under the "Aam Aadmi Bima Yojana" will be issued smart cards with social security number for the purpose of identification.The scheme envisages life and disability cover to all rural landless households in the country. The insurance cover will... More About: Workers , General , Health Insurance 1, 2, 3, 4 |
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