LIC Aam Aadmi Bima Yojana Eligibility and Benefits

LIC Aam Aadmi Bima Yojana: Invest Rs.100 and Get Rs.75000 Benefit.

LIC Aam Aadmi Bima Yojana Plan Eligibility and Benefits

LIC Aam Aadmi Bima Yojana: Instead of investing in any other scheme, most people in the country see LIC as a safe and reliable option.

In this episode, today we are going to tell you about a good plan for LIC. The name of this scheme of LIC is Aam Aadmi Bima Yojana.

The number of people associated with the informal sector in the country is very high. Due to lack of organized sources of income, these people have to face many problems to live their lives.

LIC Aam Aadmi Bima Yojana

Apart from this there are many people belonging to landless families in the country. In such a scenario, LIC Aam Aadmi Bima Yojana has been launched keeping this section of society in mind.

Under this scheme, insurance is provided to people belonging to unorganized and landless families. In this chapter, we will know about this scheme in detail –

In LIC’s Aam Aadmi Bima Yojana, you can get a sum assured of Rs 75,000 by investing Rs 100. Under this scheme of LIC, people belonging to the informal sector and landless families get many facilities apart from the insurance coverage.

LIC Aam Aadmi Bima Yojana Premium Amount

The total premium amount in this Aam Aadmi Bima Yojana is Rs.200. But 50 percent of this money is paid by the government. In this case, the insured has to pay a premium of Rs.100. At the same time, the state government pays the remaining Rs.100 premium. Anyone between 18 to 59 years of age can apply for this scheme of LIC.

Under the scheme in case of natural death of the insured. In such a case, the nominee decided by the insurer is paid Rs.30 thousand.

Whereas if the insured dies in an accident. In this case, 75 thousand rupees are given to the nominee.

Apart from this, if the policyholder suffers permanent disability. In this case he gets 75 thousand rupees.

However, many parameters of disability are fixed in the LIC Aam Aadmi insurance plan. If the policyholder is disabled in one eye or one finger. In such a case he is given 37 thousand rupees.

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