New Delhi, 7th August 2023: Pramerica Life Insurance, a leading provider of life insurance solutions, has undertaken significant awareness initiatives in Haryana and Nagaland to educate the residents of these states on the importance of life insurance and its associated benefits to empower them. The objective of the initiatives is to institute the execution of the Insurance Regulatory and Development Authority of India (IRDAI)’s mission, “Insurance for All by 2047,” within the states. The focus is on the efficient implementation of the State Insurance Plan and facilitation of seamless provision of insurance services to the currently uninsured population in the region.

Pankaj Gupta, MD & CEO of Pramerica Life Insurance, said, “At Pramerica Life Insurance, we are committed to fostering financial inclusion and providing accessible life insurance solutions to every individual. Through our concerted efforts with the government, we aim to contribute significantly to the mission of ‘Insurance for All by 2047’, ensuring a secure and prosperous future for all. Our initiatives in Haryana and Nagaland aim to close the awareness gap and empower people with the knowledge to secure their financial futures.”

To reach out to a broader audience, Pramerica Life Insurance conducted awareness activities in army cantonments and paramilitary battalions via service & education camps, street plays and interactive sessions. Additionally, the company has tied up with its Microfinance Institution (MFI) partners to reach underserved communities and provide access to life insurance solutions.

The MD & CEO of Pramerica Life Insurance, Pankaj Gupta, met with the Chief Secretary of Nagaland, Shri J Alam, to discuss cooperation among insurers in the state. Company’s Chief Customer Service and Operations Officer, Mr. Sameer Chibber, along with Shri Pradeep Kumar, DGM IRDAI Non-Life Department, held discussions with the appointed Nodal Officer, Shri Thavaseelam, focusing on implementing strategies to enhance insurance penetration in Nagaland.