Aam Aadmi Bima Yojana
Aam Aadmi Bima Yojana offers life insurance to unorganized sector workers in India, providing financial support in case of death or disability.
Key facts
| Benefit | ₹30,000 for natural death |
|---|---|
| Who | Aged 18-59, unorganized sector workers |
| Income limit | ₹1 lakh per annum |
| Implemented by | Life Insurance Corporation of India |
| Official portal | licindia.in |
| Application window | Open all year — enroll anytime. |
Benefits
The scheme provides a life insurance coverage of ₹30,000 for natural death and additional benefits for accidental death and disability. It also offers scholarships for the children of the insured in case of death.
Who can apply
- Age 18–59
- Household income ≤ ₹1,00,000/year
- For: landless agricultural labourers, rural artisans, fishermen, weavers, handicraft artisans, street vendors, ragpickers, sanitation workers
- poor household
- not income tax payer
- no government employee in family
Individuals aged between 18 and 59 years, with an annual income not exceeding ₹1,00,000, can apply. Eligible occupations include landless agricultural laborers, rural artisans, and street vendors, among others. Applicants must not be income taxpayers or government employees, and should not be covered by other social security schemes.
Who is not eligible
- Income taxpayers
- Government employees
- Individuals covered under other insurance schemes
- Non-breadwinners
- Individuals above 59 years of age
How to apply
To apply for the Aam Aadmi Bima Yojana, visit a local insurance agent or designated center to obtain the application form.
- Visit the nearest Aam Aadmi Bima Yojana center or insurance agent to obtain the application form.
- Complete the application form with personal, income, and occupation details.
- Attach required documents including Aadhaar card, age proof, address proof, bank account details, income certificate, and occupation proof.
- Submit the filled application form and documents to the center or agent.
- The insurance agent will verify the application and issue a policy certificate if all details are correct.
- Receive the policy certificate at your registered address and retain a copy with the agent.
- Pay the premium amount as per the policy terms, either annually or in installments.
Documents required
- Aadhaar Card
- Age Proof
- Address Proof
- Bank Account Details
- Income Certificate
- Occupation Proof
Common problems and how to fix them
| Problem | What to do |
|---|---|
| Claim not processed | Ensure the claim form is submitted within 30 days of the incident to the LIC branch office. |
| Application rejected | Check if all required documents are attached and details are accurately filled in the application form. |
Frequently asked questions
What is the age limit for applicants?
Applicants must be between 18 and 59 years old to qualify for the scheme.
Can I apply if I am a government employee?
No, individuals who are government employees or work in the organized sector are not eligible for this scheme.
What documents are required for application?
Applicants need to provide an Aadhaar card, age proof, address proof, bank account details, income certificate, and occupation proof.
How is the premium paid?
The premium can be paid annually or in installments, and it is deducted from the beneficiary's bank account through electronic clearance or other payment methods.
What happens if the insured person passes away?
In case of natural death, the nominee can claim ₹30,000 by submitting a claim form to the LIC branch within 30 days of the incident.
Are there any exclusions for this scheme?
Yes, individuals who are income taxpayers or already covered under other insurance schemes are not eligible.
Always confirm the latest details on the official portal before applying.
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