YSR Bheema Scheme:- As everyone is aware, the Andhra Pradesh government is introducing a number of programs for its people. The Andhra Pradesh government has introduced the YSR Bheema Scheme, an insurance program. We will provide you with all the pertinent facts on the YSR Bheema Scheme today. What is the Bima Scheme of YSR? its purpose, advantages, attributes, qualifying requirements, submission process, etc. Therefore, if you are interested in learning every detail there is to know about the scheme, we ask that you carefully read this text through to the end.
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The YSR Bheema Scheme is an insurance program that offers protection against accidents to the families of Andhra Pradesh’s impoverished and unorganized laborers. Under this plan, the beneficiary’s family member will get the insurance payout in the event that the beneficiary passes away from an accident or becomes permanently disabled. Approximately 1.14 crore Andhra Pradeshns will benefit from this initiative. For this programme, the government has allocated a budget of Rs 510 crore.
Under the YSR Bheema Scheme, an insurance cover between Rs 1.5 lakh and Rs 5 lakh will be deposited within 15 days of the recipient family member’s account. The Andhra Pradesh government would also provide an instant cash assistance of Rs 10,000 in addition to this sum. The scheme beneficiary is obliged to pay a Rs 15 annual premium.
Name of the scheme | YSR Bheema scheme |
Started by | Government of Andhra Pradesh |
Beneficiary | Citizens of Andhra Pradesh |
Objective | To provide insurance cover |
Premium amount | Rs 15 per annum |
Year | 2024 |
Also Read:- PGEMP Scheme
The main objective of the YSR Bheema plan is to provide insurance to the families of state employees who are unorganised and earn poor wages. The nominee will receive the benefit amount in case of the beneficiary’s demise or long-term disability. If everything goes according to plan, the receiving family member can get financial assistance.
The YSR Bheema plan allows for the nomination of the following people:
The beneficiary will receive an identification card with the organization’s policy number and a unique identifier, under the YSR Bima plan.
Also Read:- DDA Housing Scheme, Digitize India
It is not necessary for beneficiaries to register for the YSR Bheema program. White ration cards will be checked and surveys will be sent door to house by volunteers. Subsequently, the welfare secretary will confirm the survey results and select the beneficiaries. Following that, the selected receivers would have to pay an annual fee of Rs 15 and create a bank account with the nominee.
The steps listed below can be used by eligible beneficiaries to verify their status under this program:
The YSR Bima Scheme offers insurance to BPL households in the event that the family’s primary breadwinner passes away or becomes disabled. The insurance coverage will assist the family in lessening the financial loss incurred as a result of the primary earner’s passing or disability. Beneficiaries of this programme who are below the poverty level number around 1.21 crore.
Normal Death | Age Range: 18–50 Years Old. Claim Amount: One million rupees. |
Accidental Death | Age Range: 18–70 Years Old. The amount claimed is Rs. 5,00,000/-. |
Full Disability | Group of Ages: 18–70 Years. Amount of Claim: Five lakhs rupees. |
Any beneficiary may file a grievance against the YSR Bima Scheme by following the requirements listed below:
Also Read:- Agneepath Scheme Apply
Q.) For whom is the YSR Bheema scheme eligible?
Ans. The new YSR Bima Scheme is open to individuals in Andhra Pradesh who are BPL family members who are between the ages of 18 and 70.
Q.) What advantages come with the new YSR Bima Scheme?
Ans. In the event of a natural death, the government will award beneficiaries who fall within the age range of 18 to 50 years old with a sum of Rs one lakh. Beneficiaries between the ages of 18 and 70 will receive insurance coverage of Rs 5 lakh in the event of an accidental death or permanent disability.
Q.) What is the Bima age limit?
Ans. The age range of 18 to 70 years for the Pradhan Mantri Suraksha Bima Yojana guarantees that a diverse group of people can obtain this beneficial mediclaim insurance coverage.
Q.) What is the life of Bima?
Ans. In emerging nations, BIMA is the top supplier of mobile-delivered health and insurance services. Since its founding in August 2010, BIMA Ghana has provided straightforward and reasonably priced life, accident, and health insurance services.
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