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Micro Insurance

Sampada Entrepreneurship and Livelihoods Foundation acts as a Corporate Agency on behalf of two major insurance companies in order to provide “at-the doorstep” insurance services to women in remote rural areas. Risk coverage is provided by way of life as well as general insurance.

As a division of microfinance, micro insurance looks to aid unprivileged families by offering insurance plans tailored to their needs. Considering the demand from the rural areas and the need for smaller premium and umbrella cover to various household needs, Sampada Entrepreneurship and Livelihoods Foundation (SELF) arranged to offered life insurance, livestock insurance and other rural products to cater the same. Currently, SELF has partnered with Kotak Mahindra Life insurance company Ltd to provide insurance to its clientele.

101406

Number of lives insured

227

Number of claims settled