Andhra Pradesh CM launches ‘YSR BIMA’ for BPL households

The Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy has launched ‘YSR Bima’, a scheme to supply monetary help by means of insurance coverage cowl to the beneficiary in case of loss of life or accident of their households members. All households with white ration playing cards are eligible for YSR Bima scheme. Village/ward volunteers will go to the households and enrol the names of the first homeowners.

About “YSR Bima” Scheme:

  • The declare quantity will probably be immediately credited into the beneficiary checking account inside 15 days of creating the declare.
  • Apart from this, quick help of Rs 10,000 will probably be supplied to the households by means of village and ward secretariats.
  • The scheme will profit 1.41 crore BPL households of the state.
  • An quantity of Rs 510 crore could be paid by the state authorities yearly as an insurance coverage premium for this scheme.
  • This can even make Andhra Pradesh as the primary state within the nation to single-handedly fund the insurance coverage scheme.

| SBI Clerk Mains & RBI Assistant Mains Exams

Category clever insurance coverage quantity coated below the scheme:

  • Accidental loss of life and complete everlasting incapacity for folks aged between 18-50 years: Rs 5 lakh.
  • Accidental loss of life and complete everlasting incapacity for folks aged between 51-70 years: Rs 3 lakh.
  • Natural loss of life instances (18-50 years): Rs 2 lakh.
  • Partial everlasting incapacity in an accident case (18-70 years): Rs 1.5 lakh.

Important takeaways for all aggressive exams: 

  • Chief Minister of Andhra Pradesh: YS Jagan Mohan Reddy; Governor: Biswa Bhusan Harichandan.

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