AI Summary5 Lakh Insurance Cover to Farmers is a supportive state-led scheme that provides ₹5 lakh life insurance to eligible farmers aged 18 to 60. The government pays the full premium directly to the insurer, so farmers do not have to spend a single rupee. If a farmer passes away, the family receives the amount quickly, whatever the cause of death.
The scheme is still running in Telangana and remains open for all eligible farmers. The state government renews the coverage every year, and the current cycle continues up to 30 September 2027.
5 Lakh Insurance Cover to Farmers - Introduction
5 Lakh Insurance Cover to Farmers is an insurance scheme started by the Department of Agriculture, Government of Telangana, on 15 August 2018. The main aim is to give financial security to the families of farmers by offering an insurance cover of ₹5 lakh. It applies to all farmers between the ages of 18 and 60.
This scheme makes sure that family members get support if the farmer passes away, whether the cause is natural or accidental. The state government pays the annual premium of roughly ₹500 crore for nearly 50 lakh farmers to the Life Insurance Corporation of India (LIC). Because the government handles the payments, farmers do not need to pay any premium from their own pocket. LIC works as the implementing partner to deliver this coverage smoothly.
Key Information
| Scheme Name | 5 Lakh Insurance Cover to Farmers |
|---|---|
| Level | State |
| Scheme For | Individual |
| Beneficiary States | Telangana |
| Category | Agriculture, Rural & Environment, Banking, Financial Services and Insurance |
| Benefit Type | Cash |
| Nodal Department | Agriculture and Co-operation Department |
| Open Date | 15 August 2018 |
| Valid Until | 30 September 2027 |
Benefits
The scheme gives a clear cash benefit to the nominee and covers deaths from any cause. Here are the main benefits:
- Financial Security: Provides a ₹5 lakh insurance cover to the nominee if a farmer passes away, supporting the family during a difficult time.
- Inclusive Coverage: Covers deaths caused by any reason, whether natural or through accidents.
- Quick Payment: Makes sure the claim amount reaches the nominee within 10 days of the death.
- Zero Cost to Farmers: Farmers do not pay any premium; the state government manages all payments.
- Large Reach: Roughly 50 lakh farmers receive protection under this scheme every year.
Eligibility
Any farmer who is a resident of Telangana and between the ages of 18 and 60 can get this coverage. For example, if Ramesh is 45 years old and an active farmer in Telangana, he qualifies for the coverage automatically.
Application Process
Farmers do not need to apply for this scheme because the Government of Telangana has made the enrollment process automatic. The state government handles premiums directly with the Life Insurance Corporation of India (LIC) to cover all eligible farmers. The official portal for the scheme is Rythu Bharosa, where farmers and their families can find scheme details and notifications.
If a death occurs, the nominee does not have to visit any office to file a claim. The outreach officer at the village level collects the details from the revenue department and submits them to LIC on behalf of the nominee. The claimed amount is then transferred through RTGS into the nominee's account within 10 days.
Documents
Since 5 Lakh Insurance Cover to Farmers does not require a registration application, farmers do not need to submit documents for enrollment. However, if a claim is needed, the nominee should have the following documents ready:
- Death certificate of the farmer issued by the authorized local body.
- Identity proof of the nominee (e.g., Aadhaar card or voter ID).
- Proof that shows the person is the registered nominee.
- Farmer's Aadhaar card for cross-verification.
- Any additional documents requested by LIC or the Department of Agriculture during claim checking.
References
FAQ's
How much insurance coverage does this scheme give, and what are its benefits?
The scheme provides ₹5 lakh in insurance to farmers in Telangana aged 18 to 60. It covers both natural and accidental deaths, with the government paying the full premium.
Who qualifies for this insurance, and are there specific registration requirements?
Any Telangana farmer aged between 18 and 60 is eligible. There is no registration fee or extra paperwork required.
Does this insurance cover both natural and accidental deaths?
Yes, the 5 Lakh Insurance Cover to Farmers provides compensation to the nominee regardless of whether the death was natural or accidental.
How do I apply for the scheme and provide my documents?
Farmers do not need to apply or submit documents to join. The state government automatically handles enrollment and pays the premiums to LIC.
How long does it take for the nominee to receive the ₹5 lakh after the passing?
The system is designed to provide the ₹5 lakh insurance payout to the nominee within 10 days of the incident.
Is there a specific period for which the scheme is valid?
The scheme is active from 15 August 2018 until 30 September 2027, with automatic annual renewals handled by the government.
What if a death occurs outside the official scheme period?
The insurance coverage only applies to incidents that happen while the scheme is active.
How is the nominee identified?
Nominee details are stored in the official government database. If a farmer passes away, the family should reach out to the local agricultural officer or LIC office for guidance.
How can the family raise a grievance if there is an issue with the claim?
Issues can be reported through the local agricultural office, any LIC branch, or the official government helpline for this scheme.