The benefits of the Social security plan- Aam Admi Bima Yojana- were explained to various sections of the society during social security month celebrations of the Life Insurance Corporation of India (LIC). The LIC celebrates October every year as social security month.
Implemented by the State and Union Governments, the scheme provides demise and disability cover for landless rural people.
It offers insurance towards natural disasters, accidents and fractional / permanent disability.
The LIC Coimbatore division began the celebrations on October 1. J. Chakrapani, senior divisional manager and C. Vijayakumar, assistant commissioner of Employees Provident Fund Organisation, Coimbatore Region, took part.
Employees, Agents, members of non-governmental organisations and representatives of unorganised work force participated. Various highlights of LIC’s schemes for their welfare were discussed.