Antyodaya Shramik Suraksha Yojana - affordable insurance scheme by IPPB

 

Antyodaya Shramik Suraksha Yojana

The Antyodaya Shramik Suraksha Yojana is a visionary affordable insurance scheme aimed at providing comprehensive coverage and protection to the unorganized sector workers across the nation. Recognizing the immense contributions of shramiks towards the growth and development of our country, this offering is designed to ensure their financial stability and well-being.

Key Features of Antyodaya Shramik Suraksha Yojana:

  • Comprehensive Coverage: It encompasses a wide range of benefits, including accidental insurance of Rs. 10 Lakhs and Rs. 5 Lakhs, Disability benefits, Hospitalisation benefit etc. all tailored to cater to the unique needs of the shramiks.
  • Affordable Premiums: Being offered at very affordable annual premium rate of Rs. 499/- for Rs. 10 Lakhs cover and Rs. 289/- for Rs. 5 Lakhs cover, making it accessible to shramiks from all walks of life.
  • Easy Enrollment Process: Shramiks can conveniently enroll through nearest post office/Post man/Grameen Dak Sewak.
  • Pan India Coverage: Post the successful pilot launch, the scheme will be rolled out pan India to cover over 28 Crore+ shramiks. This nationwide coverage will ensure that every shramik, regardless of their geographical location can avail the benefits.


By ensuring financial security, accidental cover and hospitalisation benefits, this scheme will empower shramiks to contribute more effectively to the nation's progress.

The insurance plan recommended below has capital benefits and allied/ additional value-added benefits meeting the needs of the labour workforce of our nation. Capital benefits are linked to death and disability on account of accidents. Allied benefits would help the Insured member or their family take care of the incidental expenses that could get impacted in case of an accident.


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