Andra Pradesh CM YS Jaganmohan Reddy launches YSR Bima scheme, poor families of accident victims to get Rs 10,000 aid
Amaravati: To present speedy aid to the poor households of accident victims, the Andhra Pradesh authorities on Wednesday (October 21, 2020) launched a singular scheme known as ‘YSR Bima scheme’, which might profit over 1.41 crore households by offering them with an insurance coverage cowl.
The State authorities will likely be paying Rs 510 Crore yearly as a premium, regardless of the central authorities having withdrawn from this scheme.
Terming the lack of major bread earner because the worst nightmare for any household, Chief Minister YS Jaganmohan Reddy mentioned that the State authorities shall stand by such households within the laborious instances by offering monetary help by means of insurance coverage cowl.
All the households with white ration playing cards (issued for poor) are eligible for this scheme and the village/ward volunteers shall go to the households and enrol the names of the first house owners.
The listing of the enrolled insurance coverage holders will likely be displayed within the village secretariats.
Under this scheme, the insurance coverage quantity for unintentional dying and whole everlasting incapacity for folks aged between 18-50 years is Rs 5 lakh and for these between 51-70 years Rs three lakh.
Similarly, Rs 2 lakh help will likely be supplied for pure dying instances (18-50 years) and Rs 1.5 lakh for partial everlasting incapacity in an accident case (18-70 years).
The Chief Minister assured that the declare quantity will likely be immediately credited into the beneficiary checking account inside 15 days of the declare being made.
In addition to this, the Chief Minister additionally introduced that speedy help of Rs 10,000 will likely be supplied to the households by means of village and ward secretariats.
Moved by the plight of the poor households who had been dealing with hardships as a result of lack of insurance coverage protection, CM Reddy promised throughout elections to carry insurance coverage protection scheme and thus introduced YSR Bima to offer safety for the households in want.
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