It was launched in 2015 with the objective of enhancing the penetration of accident insurance in poor and underprivileged section of the society.
Under the scheme, a one year personal accident insurance, renewable from year to year, offering death/disability due to an accident is provided to people of 18-70 years age group.
Under the scheme, risk coverage of 2 lakh for accidental death or permanent total disability and 1 lakh for permanent partial disability is ensured at a premium of Rs. 12/year.
If one opts for this scheme, there’s facility of auto-debit from bank account.
