(a) whether the Government is considering to give free insurance coverage for Aadhar Card
holders belonging to BPL ategory; and
(b) if so, the details thereof?
(a) whether the Government is considering to give free insurance coverage for Aadhar Card
holders belonging to BPL ategory; and
(b) if so, the details thereof?
Minister of State in the Ministry of Finance (Shri Namo Narain Meena)
(a) and (b): No, Sir. However, the Government of India is implementing two Social Security
Insurance Schemes for the benefit of weaker and vulnerable sections of the society, through
the Life Insurance Corporation of India (LIC). These are Aam Admi Bima Yojana (AABY) and
Janashree Bima Yojana (JBY). Both Schemes provide insurance cover for a sum of Rs30,000/-
on natural death, Rs37,500/- on partial permanent disability due to accident and Rs75,000/-
on death or total permanent disability due to accident. Central Government contributes 50%
premium as subsidy.