YSR Bheema Scheme 2023: Apply Online | Insurance Coverage | Benefits | Application Status

The government of Andhra Pradesh is starting a number of projects to help the people who live there. The YSR Bheema plan is a new insurance program that was just put in place by the government of Andhra Pradesh. In this piece, we’ll talk about the YSR Bheema Scheme and tell you everything you need to know about it, such as what it is, why it exists, what its benefits are, what it looks like, who is eligible, and how to apply, among other things. Like the YSR Housing Scheme, which helps people find a place to live, the YSR Bheema Scheme helps family members get life insurance.

YSR Bheema Scheme 2023

The Andhra Pradesh Bhima Programme was set up by the state government to help families if the main worker died or got hurt and couldn’t work anymore. The government will pay more than 510 crores to insurance companies on behalf of the winners. Once the premiums are made, the money will be put into their bank accounts within a week. On the other hand, each person who gets money must have their own bank account. On top of that, the state government of Andhra Pradesh would give an extra Rs 10,000 in cash for emergencies. To take part in the scheme, the recipient must pay a Rs 15 premium every year.

Motive of YSR Bheema Scheme

The main goal of the YSR Bheema plan is to give protection to the families of low-wage and unorganized state workers. When a recipient gets a permanent disability or dies, the benefit amount will go to the person chosen by the beneficiary. If this plan works, the family member who needs help can get it.

Benefits of YSR Bheema Scheme

  • YSR Bheema is a type of insurance plan that helps low-income and unorganized people protect their families financially in case of an accident.
  • If the beneficiary dies, the YSR Bima amount or insurance benefit will be added to the inheritance of the person who was named as the recipient.
  • About 1.14 million people living in Andhra Pradesh will gain from this program.
  • The government of Andhra Pradesh has set aside Rs 510 crores to make sure the plan works well.
  • Under the idea, Rs. 1.5 lakh to Rs. 5 lakh would be put into the bank account of a family member of the beneficiary.
  • The YSR Bima settlement amount will be paid 15 days after a claim is made.
  • Beneficiary family members will get an extra Rs 10,000 in short-term cash help.
  • In order to take part in this scheme, the recipient has to pay Rs 15 every year.
  • The recipient will be given an ID card with his or her unique ID number and the insurance number.
  • Using direct bank transfer mode, the money will go right into the bank account.
  • The recipient can talk to the PDDRDA about problems with getting coverage or getting paid for a claim.

Insurance Coverage Under YSR Bheema Scheme

  • Between the ages of 18 and 50, there is Rs 5 lakh of insurance covering for unnatural death and total and permanent disability.
  • Between the ages of 51 and 70, Rs 3 lakh of insurance coverage for unnatural death and total and permanent disability.
  • Between the ages of 18 and 50, natural death insurance benefits of Rs 2 lakh are given.
  • If an accident causes a lifelong partial disability between the ages of 18 and 70, the insurance will pay out Rs 1.5 lakh.

How to Apply for YSR Bheema Scheme?

YSR Bheema Scheme 2023

Beneficiaries of the YSR Bheema plan do not have to sign up for it. Volunteers will go door-to-door to check white ration cards and take polls. After that, the secretary of welfare will check the poll results and choose people to help. After that, the picked recipients would have to open a bank account with the nominee’s name on it and pay a Rs 15-per-year fee.

Nominee Of YSR Bhima Scheme

  • 21-year-old son
  • Unmarried daughter
  • Widowed daughter
  • Wife of the beneficiary
  • Dependent parents
  • Widowed daughter-in-law or her children

How to Check YSR Bima Yojana Application Status?

  • You should go to the official site for the YSR Bheema Scheme.
  • On the home page, click the link that says “Application Status.”
  • If you give the right information, you can find out the state of your application in a few seconds.

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