Thiruvananthapuram, Nov 18: The IFFCO-TOKIO General Insurance Co Ltd on Tuesday, Nov 18 launched here its Janata Bhima Yojana, micro insurance scheme at a premium of Rs 100. Janata Bhima Yojna was aimed at empowering the masses to protect themselves financially, IFFCO chairman S K Jakhar told reporters.
It has been designed to offer the benefits of insurance to every person, he claimed. The policy had already been launched in Karnataka, Uttar Pradesh, Gujarat, Rajasthan, West Bengal and Andhra Pradesh and would be launched in other parts of the country soon, Mr Jakhar said.
The company is a joint venture promoted by Indian Farmers Fertiliser Co-operative (IFFCO) and its associates and The Tokyo Marine and Nichido Fire, the largest insurance Company in Japan.