Aam aadmi bima yojana : This is a social security programme aimed mostly at rural landless families. This programme gives financial help to families whose headman passes away unexpectedly.
Aam Aadmi Bima Yojana, The government continues to help landless families in rural areas. In response to this, the Central Government launched the Aam Aadmi Bima Yojana, which is administered by LIC. It is a social security programme designed to assist landless families in rural areas. If the head of a rural landless household dies prematurely and the family is in dire straits, this scheme provides cash assistance. Please inform us of this plan.
Who can profit from this programme?
The candidate must be between the ages of 18 and 59 to be eligible for this programme. Apart from that, this scheme is only available to the family’s head of household or a working member of a BPL household. That is, there must be a family member whose earnings are sufficient to support the family’s expenses.
Learn about the advantages of this plan.
The beneficiary receives five advantages at the same time under this plan.
1. If the applicant dies of natural causes, his family would receive Rs 30,000 as part of this scheme.
2. If the individual who buys the plan dies in an accident, his nominee receives Rs 75,000.
3. If the family’s head is physically disabled as a result of an accident, he will receive Rs 75,000.
4. If the person who enrols in the scheme develops a mental disability, he will be required to pay Rs 37,500.
5. If the plan holder dies, two of the family’s children would receive a Rs 100 monthly scholarship from class 9 to class 12 under the fifth benefit.
No premium to be paid
The most appealing aspect of this plan is the low annual premium of Rs 200. The central government fills half of the position, while the state government fills the other half. Overall, the person receives the scheme’s benefits for free.
These are the documents that are required.
To take advantage of this programme, you must provide five required documents. By providing your ration card, birth certificate, school certificate, voter ID card, and Aadhar card, you can begin this plan.
Make a claim similar to this.
The claim money is paid to the beneficiary’s account via NEFT in this central government scheme. If NEFT is not available, the claim amount is delivered to the beneficiary’s account following the permission of any authority. In this case, the beneficiary can be the person who enrols in the scheme and receives financial aid in the event of an accident. At the same time, LIC sends money to the nominee’s account if the plan taker dies.
It’s worth emphasising that, under this fantastic government programme, the insured will file a claim for himself in the event of disability. He must provide the essential documents, as well as the claim form, in order to do so. Most crucially, under the Aam Aadmi Bima Yojana, LIC provides scholarships to the insured’s children. The scholarship is worth Rs 100 every month. This scholarship is awarded on a six-month basis.