AVIVA Rural Life Insurance

-Project status: Active
-Sectors: For-profit Activity
-Funding source: Private Investment Funded
-Location of project: India | South Asia
-Project type: Insurance Activity

Managing Organization: Aviva India Insurance Company

Managing Organization URL:
http://www.avivaindia.com


Contact Name: Preeti Bakaya

Contact Email: preeti.bakaya@avivaindia.com

Contact Phone: +91-124-2804141 x5406

Contact Address: 5th Floor, JMD Regent Square, Gurgaon Mehrauli Road, Gurgaon-122002, India


Related URLs:
http://www.nextbillion.net/activitycapsule/2025


Activity Description: Aviva Life Insurance, one of the UK's largest insurance companies, has developed three products designed especially for rural Indians. Amar Suraksha, Jana Suraksha, and Anmol Suraksha offer policies that rural villagers could not previously access. Those interested in Amar Suraksha can calculate their annual premiums using a web-based application available on Aviva's web site. Jana Suraksha, meanwhile, is designed with microfinance self-help groups (SHGs) in mind. Through the program, SHG members (mostly women) will be able to establish collateral for their loans by guaranteeing them through their life-insurance policies. This is another example of how the micro-credit industry is strengthening the economic viability of the poor in India.

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