The "Aam Aadmi Bima Yojana" scheme is implemented by the Social Justice & Special Assistance Department, Government of Maharashtra. This Centrally Sponsored Scheme is aimed at providing insurance and scholarship benefits to landless labourers in rural areas, aged 18 to 59 years.
💰Natural Death Benefit: ₹30,000 is payable to the nominee in case of natural death before the terminal date.- Accidental Death Benefit: ₹75,000 is payable to the nominee in case of death due to an accident.- Permanent Total Disability (Accident): ₹75,000 is provided in case of permanent total disability caused by an accident.- Loss of Two Eyes or Two Limbs (Accident): ₹75,000 is payable in case of loss of two eyes or two limbs in an accident.- Loss of One Eye or One Limb (Accident): ₹37,500 is payable in case of loss of one eye or one limb in an accident.- Scholarship Benefit: ₹100 per month is given as a scholarship to children of the insured studying in 9th to 12th standards. The scholarship is available for a maximum of two children per family.