Telenor India on Wednesday said that it plans to conduct a student outreach programme to spread awareness around life insurance among school students.
For this, the company in partnership with Shriram Life and MicroEnsure will launch an initiative to educate students on the importance of life insurance.
The company said that it will reach out to over 30 lakh students covering 4000 schools across 237 towns.
Telenor employees across all circles will volunteer by distributing pencils and handing out leaflets explaining benefits of life insurance for a family.
“It is imperative to create awareness among mass market customers around life insurance. As a socially responsible operator, Telenor aims to extend the benefits of life insurance to them. We believe children are the biggest influencers in a family and can contribute immensely in educating their parents on the importance of being insured. We are confident that the event will help us cascade message of financial security to their parents and enrich their lives beyond just connecting them to a mobile network,” said Sharad Mehrotra, CEO, Telenor India Communications.
Telenor Suraksha, the telco’s life insurance initiative has enrolled more than 24.5 million customers. It allows customers to avail life insurance for free by maintaining a minimum average recharge per month. The maximum life cover under this scheme is Rs. 50,000 per person.
Telenor life insurance scheme doesn’t require documentation and settles claims within seven days, the company claimed.