YSR Bheema Scheme www.bima.ap.gov.in: Application Process, Beneficiary List & Application Status

In today’s article, we will discuss with our readers the answers to a specific question regarding the YSR Bheema Scheme. We have discussed in this article the online application process, eligibility process, benefits, features, required documents and all other details of the scheme.

The YSR Bheema program is a type of insurance that provides safety in the families of the poor and disadvantaged workers in Andhra Pradesh. This scheme was launched by the Government of Andhra Pradesh on 21 October 2020. Under this scheme, if the beneficiary dies as a result of an accident or is permanently disabled, the amount of insurance will be covered by the family member of the beneficiary. With this program at about 1.14 crore, the citizens of Andhra Pradesh will benefit. The government has set a budget of Rs. 510 million for this program. 

Under the YSR Bheema Scheme, an insurance cover from Rs 1.5 lakh to Rs 5 lakh are going to be deposited into the checking account of the beneficiary family member’s checking account within 15 days. In addition to this amount, Rs 10000 for immediate financial assistance will also be provided by the government of Andhra Pradesh. Under the scheme, the beneficiary must pay a fee of Rs 15 per annum.

The AP YSR Bheema scheme will include 1.41 crore primary breadwinners for BPL families under the informal sector. The AP provincial government will personally pay for the entire insurance scheme. The estimated premium amount that the national government will carry will be Rs. 510 characters.

The premium amount is expected to increase further as the number of beneficiaries of the YSR Bheema Scheme is expected to increase in a few days. The price of the YSR Bhima Scheme premium will be paid by the govt government. For Andhra Pradesh, once the bank accounts have been used some of the eligible citizens.

 

Background details

Earlier, the AP state government provided free insurance to the poor at its own expense due to the suspension of financial assistance at the existing insurance scheme. Through this, the government provides financial assistance to those who die naturally or accidentally. An estimated 11,022 people who had been eligible for the program since the inception of the program and who have not been covered by the regulations have died so far under normal circumstances. In addition, another 1,017 died as a result of accidental or permanent disability. In fact, the government of the country has paid a premium on behalf of the appropriate banks for each of the names listed in the YSR insurance scheme.

However, 12 039 people eligible for the bank died before the registration process was finalized. Officials say they are on the list of those who can get financial assistance from the right insurers and banks. They said CM YS Jagan had decided to treat them freely and support their families. The CM instructed them to seek financial assistance only from government funds.

The national government will spend Rs. 258 pounds in 12,039 families, according to the Rural Poverty Alleviation Program (SERP). Authorities plan to transfer financial assistance to the beneficiaries of the YSR Bheema scheme on April 6 under the auspices of CM YS Jagan Mohan Reddy. 12,039 families will receive financial assistance of Rs. 258 crore a day, said SERP officials.

 

Purpose of the YSR Bheema Scheme

The main purpose of the YSR Bheema program is to provide insurance to the families of poor and disadvantaged state employees. Through this scheme, the amount of cover will provide for the nominee of a beneficiary in the event of a permanent disability or death. With the successful implementation of this program, the beneficiary family member will receive financial support.

 

Need for YSR Bheema Scheme 2021

The lack of financial security for BPL families in the case of breadwinners, working in the informal sector, the loss of his life is a problem for these families. The financial crisis the family is facing, if that happens, they cannot understand. During his Praja Sankalpa Yatra, Jagan met many citizens, facing many problems due to the lack of insurance, CM promised to establish the AP YSR Bheema Scheme.

 

Highlights of the YSR Bheema Scheme

Name of the Scheme:  YSR Bheema

Launched By: Government of Andhra Pradesh

Purpose of the Scheme:  To provide insurance coverage

Premium Amount:  Rs 15 per year

Launch Year: 2021

 

Benefits and Features of the YSR Bheema Scheme

  • The YSR Bima program is a type of Insurance Scheme that provides safe protection for poor and disadvantaged families.
  • If the beneficiary dies then the amount of insurance cover will provide the nominee.
  • With this program at about 1.14 crore, the citizens of Andhra Pradesh will benefit.
  • With the successful implementation of this program, the budget of Rs 510 crores has been determined by the government of Andhra Pradesh.
  • Using the scheme insurance from Rs, 1.5 lakh to Rs 5 lakh will be deposited into the bank account of the beneficiary family member.
  • The amount of the claim will be paid within 15 days of the claim being lodged.
  • Rs 10,000 immediately financial assistance will also be provided to the beneficiary family member.
  • Under the scheme, a fee of Rs 15 per annum will be levied.
  • The beneficiary will provide an ID card that will contain a unique ID number and policy number.
  • The amount of the claim will be credited directly to the bank account using a straightforward bank transfer method.
  • If the beneficiary is facing any kind of problem they can contact the PD DRDA with complaints regarding insurance registration or claim payment.

 

Insurance Availability Under the YSR Bheema Scheme

  • First From 18 to 50 years – Obtaining Rs 5 lakh insurance for accidental death and permanent disability.
  • Second From 51 to 70 years – Obtaining Rs 3 lakh insurance for accidental death and permanent disability.
  • Third From 18 to 50 years – Obtaining Rs 2 lakh insurance in the event of natural death.
  • Fourth From 18 to 70 years – Availability of Rs 1.5 lakh insurance in the event of partial permanent disability due to an accident.

 

Nominee of the YSR Bheema Scheme

The following people can be proposed as nominee under the YSR Bheema program: 

 

  • Beneficiary wife
  • A 21-year-old son
  • Unmarried daughter
  • Daughter of a widow
  • Parents do not trust him
  • A widow or her children

 

Criteria for Eligibility and Required Documents

  • The applicant must be a permanent resident of Andhra Pradesh
  • The applicant must be the owner of a white ration card
  • Rating card
  • Aadhar card
  • Residence certificate
  • Income certificate
  • Passport size image
  • Bank account details
  • Mobile number

 

Application Process for the YSR Bheema Scheme

By applying for the YSR Bheema Scheme beneficiaries are not required to make any form of registration. Volunteers will oversee door-to-door campaigns and check on white ration cardholders who receive an assignment. Thereafter, the data collected from the study will be verified by the social services secretary and the beneficiaries will be selected. Thereafter, the nominated beneficiaries will be required to open a bank account including the nominee and the beneficiary will be required to pay a fee of Rs 15 per annum.

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