Evolution of Mutual Insurance

Empowering Communities through Mutual Solutions

Summary


Social security services reached 50 lakh members; 139 Federation Mutuals established.

2022

Coverage expanded to 37 lakh members; IBISA satellite-based crop insurance piloted in Madurai and Theni.

2020 - 2021

Membership grew to 17 lakh; 117 Federation Mutuals promoted.

2017 - 2019

Mutual Life Support Programme extended across DHAN Collectives; coverage reached 12 lakh members.

2015 - 2016

Initiated rainfall-indexed crop insurance, livestock mutuals, and micro-pensions; 84 Federation Mutuals formed.

2010 - 2014

Initiated rainfall-indexed crop insurance, livestock mutuals, and micro-pensions; 84 Federation Mutuals formed.

2007 - 2009

Nation’s first Federation Mutuals registered; whole-life and old-age risk solutions introduced.

2005 - 2006

Community-based risk management programmes started for health, life, and crops; LIC partnerships established.

2000 - 2004

Mutual programmes for funeral expenses and livestock insurance initiated.

1992 - 1999