YSR Bheema Scheme:- As you all know that Andhra Pradesh government is launching various schemes for the citizens of Andhra Pradesh. The Andhra Pradesh government recently launched an insurance scheme called YSR Bheema Scheme.
Today we are going to give you all the important information about YSR Bheema Scheme What is YSR Bima Scheme?
its objective, benefits, features, eligibility criteria, application procedure, etc. So if you are interested in catching any details of the system, please read this article carefully till the end.
YSR Bheema Scheme 2023 (వైఎస్ఆర్ భీమా పథకం)
YSR Bheema Scheme is a type of insurance scheme which provides protection to poor families and informal workers in Andhra Pradesh in case of accidents.
Under this scheme, in case of death of the beneficiary due to accident or permanent disability, the insured amount, the family member of the beneficiary will get this scheme will help the citizens of Andhra Pradesh by about Rs 1.14 crore so. The government has decided a budget of Rs 510 crore for this scheme.
Under the YSR Bheema Scheme, an insurance sum of Rs 1.5 lakh to Rs 5 lakh will be deposited in the bank account of the beneficiary family member within 15 days.
In addition to this amount, the Andhra Pradesh government will also provide immediate financial assistance of Rs. Under the scheme, the beneficiary has to pay a premium of Rs 15 per annum.
YSR Bhima Objective
The main objective of the YSR Bheema Scheme is to provide insurance to the working poor and unorganized families of the state. This plan will provide coverage for the designated beneficiary in the event of permanent disability or death.
By proper implementation of this scheme, the beneficiary family member will receive financial assistance.
YSR Bheema Scheme Details in Highlights
| Name of Scheme | YSR Bheema scheme |
| Launched by | Government of Andhra Pradesh |
| Beneficiary | Citizens of Andhra Pradesh |
| Objective | To provide insurance cover |
| Premium amount | Rs 15 per annum |
| Year | 2023 |
Benefits And Features Of YSR Bheema Scheme
- YSR Bheema Scheme is a type of Insurance Scheme that provides protection to the families of poor and unorganized workers in case of accidents
- If the beneficiary dies, the insurance premium will be paid to the nominee
- About 1.14 lakh citizens of Andhra Pradesh will benefit from this scheme
- Andhra Pradesh government has decided a budget of Rs 510 crore and this plan will be effectively implemented
- 1.5 lakh to Rs 5 lakh will be deposited in the bank account of the beneficiary family member through the insurance cover of the scheme
- The credit will be paid within 15 days from the submission of the claim
- 10,000 cash assistance will also be provided immediately to the beneficiary family member
- Under this scheme, the beneficiary has to deposit a premium of Rs.15 per annum
- The beneficiary shall submit a certificate which shall carry a unique number and a plan number
- The receipts will be credited directly to the bank account through the direct deposit method
- If the beneficiary faces any problem, they can contact PD DRDA for complaints regarding insurance registration or payment
Insurance Coverage Under YSR Bheema Scheme
- Initial 18 years to 50 years- Insurance coverage of Rs.5 lakh for Accidental Death and Total Permanent Disability
- II age 51 to 70- Insurance coverage of Rs 3 lakh for sudden death and permanent total disability
- 18 years to 50 years 3rd- Insurance coverage of Rs. 2 lakh in case of natural death
- IV: From 18 to 70 years – Insurance coverage of Rs 1.5 lakh in case of permanent partial disability due to accident
Note: It is to be noted that the claim amount will be deposited into the nominee’s bank account within 15 days of the claim
Nominee Of YSR Bhima Scheme
- Wife of the beneficiary
- 21-year-old son
- Unmarried daughter
- Widowed daughter
- Dependent parents
- Widowed daughter-in-law or her children
Note: Under YSR Bima scheme the beneficiary will get an identity card that will contain a unique identification number and policy number.
Eligibility Criteria & Required Documents
- Applicant should be a permanent resident of Andhra Pradesh
- The applicant should be a white ration card holder
- Issuance of ration cards
- The Aadhaar card
- Certificate of residence
- Income certificate
- Passport size photos
- Bank account information
- Mobile number
Application Procedure Of YSR Bheema Scheme
Beneficiaries are not required to do any registration to apply for YSR Bheema Scheme. Volunteers will conduct surveys through door-to-door campaigns and verify white ration card holders.
Thereafter, the Welfare Secretary will verify the accuracy of the information gathered from the survey and select the beneficiaries. Thereafter, the nominated beneficiary will be asked to open a bank account with the nominee and the beneficiary will have to pay a fee of Rs 15 per annum. You can visit the official website for more details.
FaQs About YSR Bheema Scheme
Who is eligible bima?
Applicant should be a permanent resident of Andhra Pradesh
The applicant should be a white ration card holder
What is the use of YSR bheema?
The main Objective of the scheme is to provide relief to the bereaved families of BPL in case of death or disability of their Primary Bread Earners to mitigate the financial impact due to the sudden loss of the Primary source of income.
What is the age limit for Bima?
18 to 70 years
What are the death benefits in AP government?
Scheme Benefits: Rs. 2 lakh for 18-50 years and Rs. 30,000/- for 51-60 years towards natural death, Rs. 5 lakh for accident death and total disability and Rs.
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