LIC Aam Aadmi Bima Yojana 2020: Online Application, Claim Form PDF

LIC Aam Aadmi Bima Yojana 2020: Online Application, Claim Form PDF

LIC is the life insurance corporation. LIC is a government insurance company. This company s giving life insurance to the people of the nation. However, LIC is the most profitable company of the government of India. The government is giving this company many facilities.

Yet, the central government has announced the IPO will be introduced in the marker of LIC. WE can LIc is a government. When the LIC is launching a scheme for the people of the nation, then it can be said that the government has introduced that scheme through LIC.

The government suggests the LIC to introduced this scheme for the people of the nation. LIC is giving life insurance to the people of the nation. The LIC gives the assurance to the people of the country that if the person’s death occurs then the LIC will help their family with financial support as decided before in the insurance.

In the insurance, the person and the organization have decided on the insurance amount and the premium of the insurance. Yes! The insurance taker has to give the premium of the insurance. The government company LIC is also taking the premium from the people of the nation. Whom so ever coming to take the insurance from the LIC, the person will decide the premium from them.

LIC Aam Aadmi Bima Yojana 2020:

As I have mentioned above that the LIC is giving life insurance to the people of the state. The governmnet has announced that the poor people, low-income people, landless persons will get the financial benefits from the central government.

As a part of the central government announcement, the LIC has launched this bima yojana for the people of the state. Under this scheme, the LIC is giving financial support in terms of the life insurance of the person. The person will get life insurance from the LIC.

That means if anything happens with the person, the LIC will give the benefits to the family of the person. However, this insurance that is given b the LIC to the poor people, low-income people, landless people of the nation will get the premium free insurance from the LIC. However, the premium will be given by the government of India only.

Yet, this scheme is announced by the government of India so the government will pay ay the premium amount on behalf of the people of the nation.

Under this scheme, the LIC has announced Rs.30,000 insurance to the family of the person. That means if one person has taken the insurance from the LIC, then after the death and accident of the person, the LIC will give Rs.30,000 to the family of that person. This insurance will benefit the family of the person. It can use help to improve the financial condition of that person.

Eligibility Criteria of the LIC Aam Aadmi Bima Yojana:

This scheme is of the government of India scheme so that the government and LIC have introduced the eligibility criteria of the scheme. that means not all the person of the nation will get the insurance from the government, but only those applicant will get the benefits from the government who have to fulfill the eligibility criteria of the scheme

  • The person should belong to India. That means the person should have the nationality of India.
  • The age of the person should be between 18 to 59 years.
  • The family of the person should belong to the below poverty line(BPL)
  • The family who is living in a rural area and does not have land will be eligible for the scheme.
  • The person who is taking the insurance from the government must be the only earning person of the family and the head of the family.

Documents Required for the LIC Aam Aadmi Bima Yojana:

  • Aadhaar card of the person
  • ration card details
  • birth certificate
  • voter id
  • mobile number
  • passport size photo
Updated: October 22, 2020 — 5:16 pm

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