Jan - Feb 2012
Issue 05
News Letter
Issued by Insurance Foundation of India
 
  Insurance Foundation of India (IFI) is set up under Trust Registration Act. 1882 of Government of India and is a non profit making organization.  
 
IFI –NGO Working for Micro Insurance
 
Mr. S K Sethi, Vice President, Insurance Foundation of India, in an interview to Amit Tripathi shared his views on various issues related to micro insurance.............Read more
 
Q1 What made you think about setting up of NGO for insurance sector?
Penetration of insurance in India is very low because insurance has been limited to metro/ large cities. No effort has been made to tell the masses about insurance and that too in the easy to understand language or should we say in Hindi & Vernacular languages. Insurance was not introduced as...........Read more
 
Q2. What are the major activities of IFINGO?
These are:
•Organizing workshops for small and medium enterprises on micro health insurance and micro term insurance in Hindi and other vernacular language in addition to English........
Read more
 
Q3. Can you give details of some of the projects undertaken by you? Micro insurance is one of our prestigious project. There are many people working in micro, tiny, small & medium industrial units / organizations which are employing 7 to 100 employees. These organizations cannot get group policies............Read more
 
Q4. We have heard about your “Support Your Support Staff Project”. Can you give us the details?
Our group insurance policy under “Support Your Support Staff Project” will cover Drivers/ Maid/ Servant/ Cook/ Mali/ Guard/ Chowkider or anyone who is your support staff. You can cover him/ her under our Group Life Insurance policy/Group.........Read more
 
Q5. It is possible to cover the support staff for sum higher than Rs.1 lakh/ Rs.50000 as mentioned above?
Yes, it is possible by paying additional premium on same rates.
 
Q6. What is your target for “Support Your Support Staff” project?
We have target for covering 1 lakh persons under this scheme. We have not fixed time frame. But we feel with support of members of PHD Chamber of Commerce & industry, this can be achieved in 12 to 18 months. Associations can support............Read more
 
Q7. What have been achievements of IFINGO?
IFI had taken matter with Ministry of Human Resources, Government of India for
1. Inclusion of Insurance as a subject in class 10 and 12 as well as at the undergraduate level in universities.............
Read more
 
Q8. What are the future plans IFINGO?
IFINGO aims to conduct seminars/workshops/ training programs for members of PHD Chamber of Commerce & Industry. We intend to conduct at least one seminar/workshop..........Read more
 
Q9. What is the source of funding for your programmes?
We being an NGO get membership fee from individual members and corporate members. As large member of projects are to be handled therefore we are looking for financial.........Read more
 
Q10. Who can become the member of the IFI NGO?
Any individual /corporate/ Institution/NGO/Association can become a member of IFI NGO. We have very nominal charges for becoming the member of IFI NGO. However, the benefits...........Read more
 
Q11. What are the benefits patron member can achieve?
There are numerous benefits we offer to our patron members. These include:
1. Free News Letters on Insurance with special focus on microinsurance. ............
Read more

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Q 12. What are other key benefits to the members of IFI NGO?
As a member you get support from IFI NGO in numerous ways.
1. You can invite IFINGO faculty/ volunteers to conduct workshop/seminar/training programmes on your premises in Hindi or English for the benefit of...........
Read more

 
  About Insurance Foundation of India  
 
Insurance Foundation of India (IFI) is set up under Trust Registration Act. 1882 of Government of India and is a non profit making organization. The main objective of IFI is to promote awareness of insurance in India among the masses through education and publishing of books in Hindi, regional, and vernacular. ......... Read more

 
   
   
  Announcements  
 
Forthcoming "Programme on Business Interuptions Policy" in association with PHD Chamber Of Commerce & Industry (April 2012) at New Delhi.
 
     
  Membership  
  Membership Form: Download Membership Form  
  Membership Details: View membership Details  
  If you would like to include any document in this section, please contact us.
 
     
  Resources  
  Useful Website: Health Insurance India  
  Great website with all details you wished to know about health insurance in India. http://www.healthinsuranceindia.org.

 
 
 
     
 
  Feedback and suggestions are welcomed. Please send mail to: vp@ifingo.org

Insurance Foundation of India (IFI) is set up under Trust Registration Act. 1882 of Government of India and is a non profit making organization. The main objective of IFI is to promote awareness of insurance in India among the masses through education and publishing of books in Hindi, regional, and vernacular languages.

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Insurance Foundation of India, Om Plaza (1st Floor), 430/7, Sant Nagar, East of Kailash, New Delhi-110065 (INDIA)
Phone : +91 11 46581577 | Email : vp@ifingo.org | Website : www.ifingo.org