Pravasi Bharatiya Bima Yojana 2020: If you are working in foreign and are worried about the future, then you can benefit greatly from this scheme of Govt of India.
– The Government of India started the Insurance Policy for Overseas Indians in 2003.
Under this insurance scheme, Indians working abroad are provided insurance cover in very low installments.
– The government is in the process of constantly amending the scheme to provide better facilities.
Also Read: SBI PPF Account: Open PPF account in SBI in this way, know what are the benefits
new Delhi.
Pravasi Bharatiya Bima Yojana 2020: If you are working in foreign and are worried about the future, then you can benefit greatly from this scheme of Govt of India. The Indian government introduced the Insurance Policy for Overseas Indians in 2003. Under this insurance scheme, Indians working abroad are provided insurance cover in very low installments. Explain that the government is preparing to provide better facilities by constantly amending this scheme. In such a situation, you can also take advantage of this scheme.
Benefits of
the scheme Under this scheme, an insurance cover of Rs 10 lakh is given in case of accidental death and permanent disability. For this, you have to pay an insurance installment of Rs 275 and Rs 375 for a period of two and three years. This scheme helps you and your family to deal with any problems in future. In this, accidental death or permanent disability certificate verified by Indian Mission and Post abroad will be valid for insurance companies.
Also Read: Can invest in PMVVY pension up to 10 thousand rupees per month, know how this scheme is
The medical insurance amount for treatment of injury or any disease was increased from Rs 75,000 to Rs 1 lakh. In this, treatment of 50 thousand rupees per person admitted to the hospital will be given. In the event of not being qualified on health grounds or being removed from the job before the scheduled time, it will be provided in the economy class for the return of the fare to the nearest airport in India. 50 thousand rupees will be provided for the treatment of family members in India. There is also a provision for online renewal of PBBI policy.
Who can apply? Please
tell that the Indian insurance scheme is necessary for the overseas Indian. The scheme aims to protect the interests of Indian migrant workers falling under the ECR category. If a person has gone for employment in ECR countries or is preparing to leave, they must know about this scheme.
Countries in the ECR category are
Iraq, Jordan, Saudi Arabia, Kuwait, Lebanon, Libya, Malaysia, Qatar, South Sudan, Sudan, Afghanistan, Boaman, Syria, Thailand, United Arab Emirates, Yemen, Harin, Indonesia, etc.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
