India has the second-highest population in the entire planet. It employs people from a range of socioeconomic classes and is regarded as a growing nation. This suggests that a sizable portion of the population is from low-income groups. The Indian government has introduced several programmes for the people to combat the serious problem of poverty. The Aam Admi Bima Yojana is one such program that was developed to offer financial assistance when people are in need. It is designed for those who keep the nation’s economy turning.
What is Aam Aadmi Bima Yojana?
The Aam Aadmi Bima Yojana is a social security program for residents of rural areas with landless households and 48 designated occupational/vocational groups; it was started and is superbly managed by the Indian government. This group insurance program was launched on October 2nd, 2007. One earning family member or the family head will receive insurance coverage through the Aam Aadmi Bima Yojana.
People who are not typically employed by an employer benefit from AABY Scheme, such as fishers, shoemakers, and auto drivers. These people’s low income prevents them from setting money aside for unforeseen events like disability or death. The program is therefore created for those who keep the nation’s economy turning and gives them the critical financial support they need to handle unpleasant circumstances.
What is Covered Under Aam Aadmi Bima Yojana?
When a tragic occurrence occurs, such as a death or incapacity, the AABY scheme offers coverage to all qualified members. Here is what this insurance plan covers:
Death due to natural causes
At the time of filing a claim, a death certificate for the deceased will be needed.
Death due to an accident
When filing a claim, a medical certificate showing that the death was caused by accident is necessary.
Partial Disability or Permanent Total Disability
At the time of filing a claim, a medical certificate describing the type of disability issued by a government medical professional will be needed.
What is not covered under Aam Aadmi Bima Yojana?
The government wants to give money to people who are in need as a result of tragic occurrences like death or disability through this insurance plan. Given this, some situations are not covered by the plan. The AABY’s list of exclusions is as follows:
- The cost of hospitalisation
- Suicide
- Mental illness-related death or disability
- Due to war or a scenario that resembles a war
- Taking part in risk-taking sports
- Involvement in unlawful activity
- Death or disability as a result of drug abuse
Occupations Covered Under Aam Aadmi Bima Yojana
Given the vast range of professions the programme covers, it is simpler to determine who qualifies. People who work in the following industries are qualified to receive AABY benefits.
| Agriculturists | Auto drivers or rickshaw pullers | Manufacture paper products | Transport drivers association | Transport karamcharis |
| Anganwadi teachers | Foodstuffs like sugar or khandsari | Safai karamcharis | Manufacture wood products | Unorganised workers who are covered under Rashtriya Swasthya Bima Yojana |
| Beedi workers | Rural poor | Firecrackers’ workers | Mineral products like earthen toys manufacture | Forest workers |
| Overseas Indian workers | Scheme for the urban poor | Fishermen | Women associated with self-help groups | Primary Milk producers |
| Women of hilly areas | Carpenters | Papad workers who are associated with SEWA | Powerloom workers | Tendu leaf collectors |
| Chemical products like candle manufacture | Handloom and Khadi weavers | Sericulture | Kotwal | Coconut processors |
| Handicraft artisans | Cobblers | Hamals | Sheep breeders | Lady tailors |
| Overseas Indian Workers | Brick kiln workers | Physically handicapped people who are self-employed | Primary milk producers | Salt growers |
| Leather and tannery workers | Unorganised workers covered under RSBY | Textile | Plantation workers | Printing rubber and coal products |
| Construction workers | Manufacturer of leather products | Toddy tappers | Coal workers |
Aam Admi Bima Yojana Benefits
The AABY scheme provides the insured with the following coverage advantages:
Death from Natural Causes
Aam Aadmi Bima Yojana is available to those between the ages of 18 and 59. If the member under the plan passes away naturally, the family would be given a death benefit of ₹30,000.
Accidental Death
The Aam Aadmi Bima Yojana offers protection in the event of an accident-related death. Following the AABY coverage, in the event of the policyholder’s accidental death, the nominee will receive ₹75,000.
Disability
The entire family suffers when one member has a disability of any type. Additionally, things might worsen if the person with the illness is the only provider for the household. The Aam Aadmi Yojana offers a disability claim of ₹37,500 for permanent partial disability and ₹75,000 if permanent whole disability resulted from an accident.
Additional Benefit
Aam Aadmi Yojana not only covers disability and accidental death, but it also covers the cost of at least two children’s education in the event of an accident. The scheme offers qualified youngsters who are enrolled in ninth through twelfth grade a free scholarship of ₹100 per month on a half-yearly basis.
Features of the Aam Aadmi Bima Yojana
The Aam Admi Bima Yojana Features are as follows:
Affordable Policy
Aam Aadmi policy provides extremely affordable health insurance premiums available for purchase. Thus, managing cash to pay for this plan won’t concern the policyholder. Additionally, the government pays half of the premium.
Prompt Assistance
The AABY scheme can help insured customers with any questions they may have. Additionally, the coverage buyer has the option of calling or emailing the relevant party.
Technologically Advanced Policy
The technology-advanced policy offers the general public greater services. This is because a web-based system that enables quick information interchange whenever necessary has been digitised and is constantly monitoring all the data of insured members. It is beneficial while settling claims.
Eligibility Criteria for the AABY
AABY schemes are not available to all Indian citizens. Only those who meet the requirements below can apply:
- People between the ages of 18 and 59
- People who fall below the poverty line (BPL), those slightly above BPL families that are included in the policy’s vocational category, and rural landless households
- The family’s breadwinner is the only person who qualifies for coverage.
How to Enrol in Aam Aadmi Bima Yojana?
Aam Aadmi Bima Yojana applicants must go to the Nodal agency that will handle the enrollment procedure in order to participate in the program. Any institutional organisation that the state or federal governments choose, the Union Territory of India or even an NGO, is referred to as a nodal agency. In addition, you must enrol in order to mention the nomination.
When signing up for this program, the nomination must be mentioned. This is crucial for submitting claims. If the nominee of the insurance is not made explicitly apparent, the family member could not be eligible to benefit from the AABY scheme.
Documents Required to Apply for Aam Aadmi Bima Yojana
You can ask the Nodal agency for the precise list of documents needed for enrolling. The items you would require are listed below:
- Application form
- Address proof
- Identity proof
- Income certificate
- Nominee application form
How to Download the AABY Application Form?
The Government of India launched the AABY policy. The Aam Aadmi Bima Yojana Form PDF or application instructions will be made available at the specific website of each State Government because India is a secular nation made up of several states and people who speak diverse languages.
You must go to the state government’s website and search for information on how to submit an Aam Aadmi Bima Yojana application.
How to Claim Aam Aadmi Bima Yojana?
The Aam Aadmi Bima Yojana scheme’s claim procedure is easy and hassle-free. In each of the following four situations, you may file a claim:
Claim Procedure in case of death
- If the insured person passes away while the insurance is in effect, the nominee must submit an application.
- In addition to the application for claim payment, the Nodal Agency will require the nominee to submit a copy of the insured’s death certificate.
- The person designated by the Nodal Agency will examine the claim to ensure its validity.
- Along with the death certificate for the deceased, the office designated by the Nodal Agency should submit a separate certificate stating that the family’s breadwinner falls under the poverty line.
- The claim would be resolved after the documents were verified.
Claim Procedure in case of Accidental death
If the insured person dies accidentally, the following paperwork must also be filed along with the death certificate:
- Policy Inquiry Report
- FIR Copy
- Post Mortem Report
- Police Final Report
Claim Procedure in case of Scholarship
- Every six months, the child of an Aam Aadmi Bima Yojana (AABY) participant must complete an application. The identical must be delivered to the Nodal Agency.
- The Nodal Agency is in charge of verifying and identifying the youngster.
- The Nodal Agency must provide a list of the students who have been approved for the Scholarship, together with the student’s name, class, and school.
- Information like the member’s name, master policy number, membership number, and NEFT information for direct payment must be provided.
Claim Procedure For Disability
- A person with a total or partial disability can file a claim under the Aam Aadmi Bima Yojana. The application procedure is straightforward, and the claimant does not have to cause financial hardship for other family members.
- To submit supporting documentation to support a disability claim, the applicant must be disabled. The following records can be used as evidence:
- Photographs, videos, or police incident reports are examples of documentary evidence of the collision.
- Medical certificates must be signed by a government civil surgeon or trained government Orthopaedician and include information about the accident, including the member’s loss of limbs and the type of handicap experienced.
Aam Aadmi Bima Yojana Premiums
This Yojana’s actual premium is ₹320 rupees. The policyholder and the Government of India split the sum. Depending on the region, it might be the national government, a state government, or a nodal agency.
The Aam Admi Bima Yojana was established to help those in India who are below the poverty line as well as those who are just over it. Given this, the premium is inexpensive in terms of yearly payments. To benefit from the programme, an eligible person just needs to pay a 50% premium each year.
AABY Helpline Number & Address
If you have any questions or complaints about the program, you can call the helpline number listed on the official website.
The government’s program to assist the underprivileged in trying times is called the Aam Aadmi Bima Yojana policy. To ensure that benefits are distributed equally to everybody, particularly in rural regions, the program has been carefully planned with proper procedure.
FAQs
- The Aam Aadmi Bima Yojana was launched when?
On October 2, 2007, the Aam Admi Bima Yojana was introduced. It is a social security programme in India that is designed to help low-income families.
- Why is it necessary for members to enter their NEFT information when signing up for the Aam Aadmi Bima Yojana?
The NEFT information of a member is necessary during enrollment since it will be needed in the event of a claim. This makes the claim procedure short and simple for both the insurer and the insured.
- What kind of death benefits is the Aam Aadmi Bima Yojana offering?
A nominee will receive ₹30,000 if a member dies naturally. The candidate will receive ₹75,000 under this programme in case of an accidentally fatal member.
- What kind of partial disability does the Aam Aadmi Bima Yojana cover?
The AABY provides partial disability coverage for losing eyes and limbs. People with a partial disability could go about their everyday lives and work to support themselves.
- What function does the Social Security Fund serve in the context of AABY?
The cost of AABY’s premium is fairly reasonable. This is due to the Social Security Fund subsidising the program members with half of the premium amount. As a result, the Social Security Fund is crucial to the success of the Aam Aadmi Bima Yojana.
