Source: Hueiyen News Service
Imphal, October 12 2010:
The Koinonia Training School, Chandel has been declared as Bima School (Insurance School) under LICI, Kakching branch today.
The declaration function was held at the school with Branch Manager of LICI, Kakching, K Aphul as the chief guest and Secretary of Koinonia Training School, Kd Joykumar Anal as the guest of honour.
Twelve plastic chairs were also gifted to the school on the occasion.
The school is the first Bima School of the year 2010 under LICI, Kakching Branch.
According to Branch Manager, LICI, Kakching Branch, Bima School is a scheme of LIC for any recognised school, if the school has minimum 25 nos.of students insured under child policies of LIC.
Here the school is awarded a minimum memento worth ' 2,500 .
The concept of this scheme is to encourage habits of saving, at the same time insuring the life of the child, LICI has several child policies with facilities of saving, insurance and investment for the future.
The scheme was introduced by LICI on December 12, 2003.This is the first and only scheme till now introduced by LICI in the Insurance Market of India.