Natural Death Rs.30,000/-
Accidental Death Rs.75,000/-
** Permanent Total
Disability due to Accident Rs.75,000/-
** Permanent Partial
Disability due to Accident Rs.37,500/-
Scholarship as a free add-on benefit provided to a maximum of two children of the beneficiaries studying between IX to XII Std . @100/- per month for each child payable half yearly ----
on 1st July and 1st January each year.
Persons aged between 18 and 59 years
Should be the Head of the Family or one earning member of the RURAL LANDLESS HOUSEHOLD.
Central Government (through
Fund created with LIC) Rs.100/-
State Government/ Union Territory Rs.100/-
The premium shall be payable in yearly mode only.