Nirmaya: A Great Insurance Policy for the Differently Abled

Posted By:
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    The Government of India is launching a scheme by name ‘NIRAMAYA' through which the handicapped and mentally challenged persons are covered for medical treatment upto Rs. 1 lakh.

    Aam Admi Bima Yojana (AABY) is also a Government Social Security Scheme being administered through Life Insurance Corporation of India (LIC).

    Nirmaya: A Great Insurance Policy for the Differently Abled

    This provides life/accident insurance protection to the rural and urban poor persons and people belonging to certain identified vocational groups. One such identified vocation is "Physically Handicapped Self-Employed Persons".

    Scheme & its coverage:

    • Single premium will cover across all age
    • Provide same coverage irrespective of the type of disability covered under the National Trust Act.
    • Insurance cover upto Rs.1.0 lakh per covered beneficiary.
    • The scheme will be available in the entire country except in Jammu & Kashmir.
    • The scheme further envisages that there shall be
    • For pre-existing condition, there is no exclusion
    • Same cover as that for other persons
    • Services offered are regular Medical Check-up to Hospitalization, Therapy to Corrective Surgery, Transportation.
    • Conditions requiring repetitive medical intervention as an in-patient.
    • Pre & Post hospitalization expenses, subject to limits.
    • No pre-insurance medical tests.
    • Reimbursement of claims in case of OPD services from any Qualified Medical Practitioner and for IPD treatment can be taken from a Hospital anywhere in the country.

    Conclusion

    In NIRAMAYA is a health insurance scheme and not the Life Insurance Scheme. As per the policy eligible claims will be reimbursed. In case of death of beneficiary no any claim/compensation will be payable under this scheme.

    GoodReturns.in

    Read more about: insurance nirmaya
    Story first published: Saturday, April 25, 2015, 11:01 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more