Key insights
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Digital Enablement in Rural Insurance: Sahaj Insurance leverages a network of digitally-enabled centres and trained facilitators (Sahaj Mitrs) to provide assisted digital enrolment, claims support, and multilingual services to first-time insurance users in rural markets.
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Focus on Financial Inclusion: The company integrates government-backed insurance and social security schemes with its product offerings to deepen financial inclusion in rural and underserved regions.
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Product Portfolio Tailored to Rural Needs: Sahaj offers insurance products spanning life, health, accident, crop, livestock, and micro-insurance, emphasizing low premiums and relevance to agrarian and informal-sector households.
Takeaways
Sahaj Insurance's entry into rural insurance markets with IRDAI's corporate agency licence marks a significant step towards democratizing insurance access across rural India. By combining digital innovation with localized support and tailoring products to rural needs, Sahaj aims to reach millions with affordable insurance solutions, fostering greater financial inclusion and security.
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