Low-income households need insurance too. Micro-insurance offers affordable, simplified coverage—₹100/month for health, ₹50/month for life. Learn what's available and how it works.
Micro-Insurance
Low-income households need insurance too. Micro-insurance offers affordable, simplified cover with minimal paperwork.
Who it's for: low-income families, rural households, informal-sector workers. Simplified documentation, easy claims.
Types
- Health: ₹1L–₹5L cover, ₹100–₹300/month premium
- Life: ₹50k–₹5L cover, ₹50–₹200/month premium
- Accident: ₹1L–₹10L cover, ₹50–₹150/month premium
Small policies still have waiting periods, exclusions and sub-limits. Generic advice ends here—check what YOUR policy actually says.
Frequently asked questions
Who is eligible for micro-insurance?
Low-income households (annual income < ₹1L–₹2L), rural families, informal sector workers. Simplified enrollment, minimal documentation, affordable premiums.
How much does micro-insurance cost?
₹100–₹500/month. Health: ₹100–₹300/month for ₹1L–₹5L coverage. Life: ₹50–₹200/month for ₹50k–₹5L coverage. Very affordable for low-income families.
What's the difference between micro-insurance and regular insurance?
Micro-insurance: Lower coverage (₹1L–₹5L), lower premiums (₹100–₹500/month), simplified process, designed for low-income. Regular insurance: Higher coverage (₹5L+), higher premiums (₹5k+/month), more features.