There is a very large section in India, which is associated with the unorganized sector. They have to do daily labor for livelihood. People associated with this sector also have to face seasonal unemployment.
On the other hand there are many poor and low class landless families in rural areas of India. People associated with these areas have to face many types of economic problems. In view of this, LIC Aam Aadmi Bima Yojana, implemented by the Ministry of Finance, Government of India, is being run.
The objective of this scheme is to provide financial assistance in the form of insurance to the people belonging to the unorganized sector and poor landless families. Apart from this, other special facilities will also be given to those people under this scheme. In this episode, let us know in detail about LIC Aam Aadmi Bima Yojana and how you can take advantage of this scheme?
LIC’s Aam Aadmi Insurance Scheme is based on the nodal agency insurance scheme. If you want to take advantage of this scheme, then for this you have to pay a premium of Rs 100 every year. However, 50 percent of the money in the scheme is paid by the state governments.
In such a situation, the total premium paid in this scheme is Rs 200, out of which the applicant pays Rs 100 and the remaining Rs 100 is paid by the state government or union territory. Because of this, you can take advantage of this insurance scheme with an investment of just Rs 100.
Under the scheme, 30 thousand rupees will be given to the nominee on natural death. On the other hand, if he dies in an accident, then an amount of 75 thousand rupees will be given to the nominee. On the other hand, if the insurer suffers a complete permanent disability in the accident, then he will be given 75 thousand rupees.
Under the scheme, 30 thousand rupees will be given to the nominee on natural death. On the other hand, if he dies in an accident, then an amount of 75 thousand rupees will be given to the nominee. On the other hand, if the insurer suffers a complete permanent disability in the accident, then he will be given 75 thousand rupees.
