Record Details

MICRO INSURANCE – A LIFE LINE OF SHG IN RURAL INDIA

Sai Om Journal of Commerce & Management - National

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Title MICRO INSURANCE – A LIFE LINE OF SHG IN RURAL INDIA
 
Creator S. N., Sangeetha
 
Subject Micro Insurance Perspectives; Models; Programs; Regulations Rural India
 
Description The most vulnerable rural population - in particular, women - are largely excluded from the insurance market. This only amplifies the felt need of this segment for protection of their lives / income-generating assets against various perils. Insurance Development and Regulatory Authority (IRDA) and Pension Fund Regulatory and Development Authority (PFRDA) have suggested that if at all pension and insurance are defined as “micro finance services”. With a view to encouraging the insurers to meet these obligations and give a fillip to micro-insurance products, IRDA also decided that all micro-insurance products may be reckoned for the purpose of fulfillment of the social obligation and where such policy are issued in rural area they could also be reckoned for rural sector obligation. IRDA has also proposed to benchmark the above obligations with reference to quantified limits of sums assured under micro-insurance policies in rural India. This paper refers to the perspectives in micro insurance towards SHGs in rural India and different rural insurance and models. And it also shows the implementation of micro insurance programs/regulations of IRDA.
 
Publisher Sai Om Publications
 
Contributor —
 
Date 2015-06-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://abhinavjournal.com/journal/index.php/ISSN-2347-7563/article/view/709
 
Source Sai Om Journal of Commerce & Management: A Peer Reviewed National Journal (Online ISSN 2347-7563); Vol 2, No 5 (2015): Sai Om Journal of Commerce & Management: A Peer Reviewed National Journal (Online ISSN 2347-7563); 19-25
2347- 7563
 
Language eng
 
Relation http://abhinavjournal.com/journal/index.php/ISSN-2347-7563/article/view/709/pdf_7
 
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