Aam Aadmi Bima Yojana

Aam Aadmi Bima Yojana is a social security scheme that provides life and disability insurance cover to rural landless households and unorganized workers. This scheme protects the head of your family or any earning member between the ages of 18 and 59 by offering financial stability during unforeseen events.

Scheme has been closed or it was a one time scheme which has been closed by the government.

Aam Aadmi Bima Yojana - Introduction

Aam Aadmi Bima Yojana acts as a support system for rural landless families across India. By offering insurance cover to the primary earners of your family, this scheme makes sure you and your loved ones have a safety net during tough times. Ministry of Labour and Employment, in partnership with LIC, manages this program to bring basic security to your doorstep.

You can get death and disability cover if you belong to one of the 48 identified vocational groups or are part of a rural landless household. With an affordable annual premium of ₹200, this scheme also supports your children's education through dedicated scholarships for students in grades 9 through 12, making it a complete pillar of family welfare.

Key Information

Benefits

Aam Aadmi Bima Yojana provides financial protections to help you manage risks well.

Education Support: You can receive a scholarship for two of your children studying in grades 9 to 12. Each child receives ₹100 per month, which is paid half yearly on 1st July and 1st January.

Premium Details: You are only required to pay an annual premium of ₹200. The remaining cost is covered by a 50% subsidy from the Social Security Fund, while state governments or nodal agencies cover the rest.

Eligibility

You should meet the following criteria to benefit from this scheme:

• Your age should be between 18 and 59 years.
• You should be the head of your family or the primary earning member.
• Your family should fall under the below poverty line (BPL) or marginally above the poverty line category.
• You must belong to one of the identified occupational or vocational groups, such as a fisherman, weaver, or rural landless laborer.

Application Process

Offline Application

Applying is a straightforward process managed through authorized nodal agencies.

Death Claim Process

If a claim arises, simply submit the death certificate along with your request to the local nodal agency official. Once they verify your documents, they will forward a completed claim packet to the LIC office for final processing.

Accident Claim Process

In the event of an accident, you should provide the death registration certificate, FIR, post-mortem report, and police inquest reports to the nodal agency. They will guide you through the submission to the LIC.

Scholarship Claim Process

If your child is eligible for the scholarship, complete the scholarship form twice annually and submit it to your nodal agency. The agency will prepare a beneficiary list and share it with LIC, which will credit the scholarship amount directly into your child's bank account via NEFT on 1st July and 1st January.

Documents

To make your enrollment or claim easier, keep the following documents ready:

1. Ration card.
2. Birth certificate extract.
3. School certificate.
4. Voter ID list entry.
5. Identity card issued by a government department or reputed employer.
6. Aadhar card.

For Death or Accident Claims: You should prepare the original death certificate, FIR copies, post-mortem reports, and police inquest/conclusion reports as required by the nature of the claim.

References

• Aam Admi Beema Yojana on Ministry of Labour and Employment
• Aam Aadmi Bima Yojana on Assam Labour Department
• Press Release (PIB)

FAQ's

What is Aam Aadmi Bima Yojana?

Aam Aadmi Bima Yojana is a social security scheme by the government to provide life and disability insurance to eligible low-income workers and rural households.

Who manages this scheme?

LIC of India implements this scheme in coordination with state governments and various nodal agencies.

What is the age requirement?

You must be between 18 and 59 years old to enroll in this scheme.

Who qualifies for enrollment?

Any head of a family or an earning member who is categorized as BPL or marginally above BPL and belongs to an eligible vocational group can apply.

What is the benefit during natural death?

In case of natural death, the nominee receives an insurance payout of ₹30,000.

Are there benefits for accidental disability?

Yes, the scheme provides ₹75,000 for total permanent disability and ₹37,500 for the loss of one eye or one limb.

How does the scholarship program work?

Students in grades 9 through 12 receive ₹100 per month, distributed half-yearly via NEFT transfers to their bank accounts on 1st July and 1st January.

How are claims processed?

Once you submit your documents to your nodal agency, they verify the details and coordinate with the nearest LIC office to credit the funds directly to the beneficiary account.

What documents do I need for accident claims?

You should submit the FIR, post-mortem report, and police conclusion reports alongside your application.