Have you ever worried about what might happen to your family if life took an unexpected turn? That’s where insurance steps in, a way to protect yourself and your loved ones during tough times. The Indian government has introduced several insurance schemes to help people from all walks of life, including farmers, workers, and even small business owners, to find a safety net.
These programs are designed to be simple, affordable, and tailored to meet specific needs. Whether it’s helping a farmer in Telangana, supporting a construction worker, or providing health coverage to a family in Punjab, there’s a scheme that fits your situation.
This guide will walk you through each health insurance yojana, explaining how they work and what they offer in clear easy-to-understand terms and we have also mentioned central government insurance scheme and States/UT Insurance schemes. Let’s get started and find the support that’s right for you.
Table of Contents
1. Pravasi Bharatiya Bima Yojana
Insurance for Indian Workers Abroad
The Pravasi Bharatiya Bima Yojana (PBBY) is an important initiative for Indian workers who are employed overseas. This insurance scheme provides financial protection against accidental death, disability, or emergency medical expenses for the employee. The scheme is mandatory for workers who wish to obtain immigration clearance and covers various risks while working abroad to ensure their well-being. It provides insurance-like facilities in case of any emergency.
- Coverage:
- ₹10 lakh for accidental death or total permanent disability.
- Family Hospitalization Cover up to ₹50,000.
- Hospitalization expenses for accidents and certain diseases, with maternity coverage up to ₹50,000 for female workers.
This scheme ensures ensures peace of mind for expatriate workers and their families, offering robust coverage during challenging times.
Read More About Pravasi Bharatiya Bima Yojana ➡️
2. Aam Aadmi Bima Yojana (Assam)
Life Insurance for Rural Families in Assam
Aam aadami Bima Yojana (AABY) is focused on providing life insurance to low-income families in rural Assam state. This scheme covers natural and accidental death and additional benefits for children’s education are also given through this scheme. This is especially beneficial for those families who are unable to avail the benefits of regular insurance due to financial constraints, so our government especially wants to make this scheme available to them.
- Coverage:
- ₹30,000 for natural death.
- ₹75,000 for accidental death or permanent disability.
- Scholarships of ₹600 per semester for up to two children in classes 9 to 12.
By offering dual benefits of insurance and education support, this scheme helps families manage financial uncertainties.
Learn About Aam Aadmi Bima Yojana (Assam) ➡️
3. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Affordable Life Insurance for All
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a low-cost life insurance scheme for citizens aged between 18 to 50 years. This scheme is open to any bank account holder and provides protection against premature death, with an annual premium of just ₹330, this scheme ensures a basic financial security to every family.
- Coverage: ₹2 lakh for death, whether natural or accidental.
- Premium: ₹330 per annum, auto-debited from the linked bank account.
The affordability and simplicity of this scheme make it a great option for securing financial protection for families.
Explore Pradhan Mantri Jeevan Jyoti Bima Yojana ➡️
4. Rythu Bima Scheme (Telangana)
Support for Farmers in Telangana
The Rythu Bima Scheme is a life insurance plan specially designed for the farmers of Telangana. This scheme provides immediate financial assistance to the farmer’s family in case of untimely death so that they can deal with the financial situation in such difficult times and fulfill whatever needs they have.
- Coverage: ₹5 lakh paid directly to the nominee within 10 days of claim approval.
- Premium: Fully funded by the Telangana government.
This scheme is a lifeline for the farming community, helping their families avoid financial hardship in the face of uncertainty.
Learn More About Rythu Bima Scheme ➡️
5. Pashu Bima Yojana (Bihar)
Insurance for Livestock Owners in Bihar
Livestock is an important asset for many farmers of Bihar and Pashu Bima Yojana is designed to protect them from the loss caused by the death of animals, especially. This scheme also cover cattle, buffalo and other livestock and provides compensation to the farmers.
- Coverage: 50% to 70% of the market value of the livestock in case of death.
- Premium: Highly subsidized by the government, making it affordable for farmers.
By securing their livestock, farmers can focus on sustaining their livelihoods without worrying about unexpected financial setbacks.
Know More About Pashu Bima Yojana ➡️
6. Insurance Scheme for Construction Workers
Protecting Workers in Dadra and Nagar Haveli, Daman, and Diu
This scheme is dedicated to construction workers who are considered the most vulnerable among the working classes. It provides emergency and accident coverage that helps construction workers and their families stay financially protected in case of emergencies.
- Coverage:
- Health insurance up to ₹1 lakh per year.
- Compensation for accidental death or disability.
This program safeguards the well-being of construction workers while promoting a safer working environment.
Details About Construction Workers’ Insurance ➡️
7. Mukhmantri Sehat Bima Yojana (Punjab)
Health Insurance for Punjab Families
Mukhyamantri Sehat Bima Yojana is a health insurance scheme created with the aim of providing a cashless treatment to the families of Punjab. The scheme ensures easy access to quality healthcare services for secondary and tertiary care services.
- Coverage: ₹5 lakh per family annually.
- Benefits: Free treatment at 1,500+ empaneled hospitals.
This scheme reduces the financial burden of medical expenses and ensures timely access to healthcare for Punjab’s residents.
Discover Mukhmantri Sehat Bima Yojana ➡️
8. Gopabandhu Sambadika Swasthya Bima Yojana (Odisha)
Health Insurance for Journalists in Odisha
This scheme is specially designed for the journalists of Odisha, which recognizes the risks involved with their profession. It provides financial protection for medical emergencies, critical illnesses and accidents.
- Coverage:
- ₹2 lakh per journalist annually for health-related expenses.
- Special financial aid for critical illnesses such as cancer, cardiac diseases, and kidney ailments.
The scheme ensures that journalists and their families have access to quality healthcare without financial distress.
Read More About Gopabandhu Sambadika Swasthya Bima Yojana ➡️
9. Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Low-Cost Accident Insurance for All
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an affordable accident insurance scheme for Indian citizens aged between 18 to 70 years. This plan offers comprehensive financial protection against accidental loss or death with the lowest premiums.
- Coverage:
- ₹2 lakh for accidental death or permanent total disability.
- ₹1 lakh for partial disability.
- Premium:
- ₹12 per annum, auto-debited from the bank account.
This scheme is especially beneficial for individuals looking for low-cost insurance to safeguard against unforeseen accidents.
Learn About Pradhan Mantri Suraksha Bima Yojana ➡️
10. Aam Aadmi Bima Yojana (Maharashtra)
Insurance for Low-Income Families in Maharashtra
Like a similar scheme in Assam, this scheme provides financial security to rural and urban families in Maharashtra. It also encourages education for children by providing them scholarships.
- Coverage:
- ₹30,000 for natural death.
- ₹75,000 for accidental death or permanent disability.
- Scholarships of ₹600 per semester for up to two children in classes 9 to 12.
The scheme is a dual benefit program, helping families cope with financial challenges while supporting their children’s education.
Explore Aam Aadmi Bima Yojana (Maharashtra) ➡️
11. Bima Yojana – Direct Benefit to Artisan
Insurance Coverage for Artisans Across India
This scheme is specially designed for the benefit of artisans who often face financial security due to irregular income. It provides life insurance and health coverage that ensures a safety net and security for them and their families.
- Coverage:
- ₹1 lakh for life insurance.
- Financial aid for health emergencies and accidents.
By offering direct benefits to artisans, this scheme encourages the preservation of traditional crafts while supporting their livelihoods.
Learn More About Bima Yojana for Artisans ➡️
12. Insurance Scheme for Artisans (Puducherry)
Part of the Development of Handicrafts Scheme
This insurance scheme under the Handicraft Development Initiative provides financial security to the artisans of Puducherry. This discipline also deals with emergencies, accidents and risks associated with loss of life.
- Coverage:
- ₹1 lakh for life insurance.
- ₹50,000 for accidental death or disability.
- Medical coverage for artisans and their family members.
This scheme empowers artisans by reducing financial vulnerabilities and enabling them to focus on their craft.
Read More About Artisan Insurance in Puducherry ➡️
13. Niramaya Health Insurance Scheme
Health Insurance for Disabled Persons
The Niramaya Health Insurance Scheme is specifically designed to provide health coverage to persons with disabilities (Pwds). It aims to offer affordable medical treatment and financial support to individuals facing physical or mental challenges. The scheme is an initiative of the National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation, and Multiple Disabilities.
- Coverage:
- Medical expenses up to ₹1 lakh per year for individuals with disabilities.
- Covers hospitalization costs, surgeries, and treatments related to the disability.
- Includes the treatment of critical illnesses such as cancer and renal failure.
- Premium:
- Low premium, with the exact cost depending on the beneficiary’s income and category.
The Niramaya scheme ensures that people with disabilities have access to quality healthcare without worrying about the financial burden. It supports their well-being and enables them to lead a more secure life.
Why Are These Schemes Important?
- Targeted Benefits for Different Groups:
- Affordable and Budget-Friendly Premiums:
- Reliable Protection Against Life’s Uncertainties:
By understanding and utilizing these schemes, individuals and families can ensure financial security and stability in challenging times. Explore these opportunities and choose the scheme that best fits your needs.
Looking for more details?
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