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Managing Organization:
Aviva India Insurance Company
Managing Organization URL:
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
Activity URL:
Related URLs:
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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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