The annual insurance premium of Rs 12 will be reimbursed by the government to all the beneficiaries.
A notification to this effect issued by the Social Justice and Empowerment Department stated that under this scheme, which would be effective from June 1, 2017, all beneficiaries in the state would get accidental cover of Rs 2 lakh.
Persons in the age group of 18 to 70 years would be eligible to get Rs 12 from the state government in their Aadhaar-seeded saving bank accounts, an official release said here today.
The scheme would also provide insurance benefit of Rs 2 lakh for total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of hand or foot due to accident.
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It will also provide insurance cover of Rs one lakh in case of total and irrecoverable loss of sight of one eye or loss of use of one hand or foot due to accident, it further said.
"With the implementation of PMSBY the existing Rajiv Gandhi Parivar Bima Yojana (RGPBY) had ceased from March 31, 2017," the release said.
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