- “Bima Vahak” is a representative who will sell and do services to their assigned Gram panchayat regarding Insurance products.
- The insurance is known as “Bima Vistar” which will provide protection against health, property, and life.
- This product can be purchased using the app and we can get full detail regarding the sum insured and all details.
- This is done to fill the gap in rural areas where around 50% of vehicles are uninsured.
- In our country, most of the Micro Small, and Medium Enterprises (MSME) are uninsured.
- And around 30% of the population even misses health insurance.
- By appointing “Bima Vahak” Insurance facilities will be expanded even in rural areas where big players didn’t give any attention.
- Static Part:
- Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI): Debasish Panda
- Headquarters of Insurance Regulatory and Development Authority of India (IRDAI): Hyderabad, Telangana
Question:
Q.1 Bima Vahaks will serve in which parts of India?a. Municipalities
b. Corporation
c. Districts
d. Gram Panchayat
