The Aam Aadmi Bima Yojana(AABY) is a Government Of India Social Security Scheme administered through Life Insurance Corporation Of India that provides Death and Disability cover to persons 48 identified vocational/occupational groups/ rural landless households/unorganized workers. It is a group insurance scheme implemented through a Nodal agency such as a Central Ministry/Department, State Government/ Union territory or any other institutionalized arrangement registered NGO.
The premium to be charged initially under the scheme will be Rs.200/- per annum per member for a cover of Rs.30,000/-, out of which 50% will be subsidized from the Social Security Fund . In case of Rural Landless Household (RLH) remaining 50 % premium shall be borne by the State Government/ Union Territory and in case of other occupational group the remaining 50% premium shall be borne by the Nodal Agency and/or Member and/or State Government/ Union Territory.
Natural Death | Insurance cover for a sum of Rs. 30000/- |
Death due to accident | Insurance cover for a sum of Rs. 75000/- |
Partial permanent disability(loss of one eye or one limb) due to accident | Insurance cover for a sum of Rs. 37500/- |
Total permanent disability(loss of two eye or two limbs)due to accident | Insurance cover for a sum of Rs. 75000/- |
Scholarship | Scholarship as a Free Add-on benefit will be provided to a maximum of two children of the beneficiary studying between 9th to 12th Standard @ Rs.100/= per month for each child payable half yearly – on 1st July and on 1st January, each year. |
The death or disability claims which are under this scheme are supposed to be settled by the P&GS Unit of LIC. They make a direct payment to the beneficiaries through NEFT. In the case that there isn't a NEFT facility available, the money for the claim is directly transferred to the bank account of beneficiaries. This would also require prior approval from competent authority, the A/C payee cheque or claim can be paid by any other mode as decided by LIC.
In case of accident benefit claim additional requirements have to be submitted along with the Death Registration Certificate. This includes:
Sl No | Occupation |
---|---|
1 | Beedi Workers |
2 | Brick Klin Workers |
3 | Carpenters |
4 | Coblers |
5 | Fisherman |
6 | Hamals |
7 | Handicraft Artisans |
8 | Handloom Weavers |
9 | Handloom & Khadi Weavers |
10 | Lady Tailors |
11 | Leather & Tannery Workers |
12 | Papad Workers |
13 | Physically Handicapped Self Employed Persons |
14 | Primary Milk Producers |
15 | Rickshaw Pullers / Auto Drivers |
16 | Safai Karamacharis |
17 | Salt Growers |
18 | Tendu Leaf Collectors |
19 | Forest Workers |
20 | Sericulture |
21 | Toddy Tappers |
22 | Powerloom Workers |
23 | Hilly Area Women |
24 | Food Stuffs like Khandsari / Sugar |
25 | Manufacture of Wood Products |
26 | Textile |
27 | Manufacture of Paper Products |
28 | Manufacture of Paper Products |
29 | Manufacture of Leather Products |
30 | Printing |
31 | Rubber & Coal Products |
32 | Chemical Products like candle manufacture |
33 | Mineral products like earthen toys manufacture |
34 | Agriculturists |
35 | Transport Drivers Association |
36 | Transport Karmacharis |
37 | Rural Poor |
38 | Construction Workers |
39 | Fire Crackers’ Workers |
40 | Coconut Processors |
41 | Aanganwadi Teachers |
42 | Kotwal |
43 | Plantation Workers |
44 | Women Associated with Self-Help Groups |
45 | Women Associated with Self-Help Groups |
46 | Overseas Indian Workers |
47 | Rural Landless Households |
48 | Unorganized workers covered under RSBY |
STATES | AABY Coverage 2014-15 as on 31.03.2015(no. of beneficiaries) | AABY Coverage upto 30.06.2015 for FY 2015-16(no. of beneficiaries) |
---|---|---|
Andhra Pradesh | 7704878 | 8297834 |
Arunachal Pradesh | 27695 | 27695 |
Assam | 427595 | 440902 |
Bihar | 520926 | 559790 |
Chandigarh | 5118 | 5425 |
Chhattisgarh | 1721516 | 1805631 |
Delhi | 47746 | 49207 |
Goa | 50221 | 50221 |
Gujrat | 897894 | 943617 |
Haryana | 109379 | 109514 |
Himachal Pradesh | 75772 | 77803 |
Jammu & Kashmir | 104814 | 122632 |
Jharkhand | 341829 | 365687 |
Karnataka | 3117093 | 3418619 |
Kerela | 1341006 | 1587547 |
Madhya Pradesh | 7145760 | 7146118 |
Maharastra | 8098658 | 8109302 |
Manipur | 29962 | 31198 |
Meghalaya | 25727 | 25727 |
Mizoram | 4588 | 4758 |
Nagaland | 7617 | 10408 |
Odhisa | 2123801 | 2511871 |
Puducherry | 96636 | 102632 |
Punjab | 1259911 | 1260386 |
Rajasthan | 2024434 | 2058831 |
Sikkim | 2566 | 2623 |
Tamil Nadu | 1277084 | 1405521 |
Telangana | 2076886 | 2091294 |
Tripura | 40804 | 40970 |
Uttar Pradesh | 1312517 | 1315611 |
Uttaranchal | 748170 | 750859 |
West Bengal | 437263 | 472016 |
Andaman & Nicobar | 1399 | 1399 |
Lakshadweep | 203 | 203 |
Daman & Diu | 202 | 202 |
Dadra & Nagar Haveli | 482 | 482 |
TOTAL | 43208152 | 45204535 |