LIC Aam Admi Bima Yojana | Features and Benefits

If you’re looking for details of LIC Aam Admi Bima Yojana, you’re at right place. This article will give full details of LIC Aam Admi Bima Yojana with all benefits in detail.

LIC Aam Admi Bima Yojana – Introduction

LIC Aam Admi Bima Yojana is a social security scheme from Government of India for people below poverty line. It proves insurance to a person at very low premium rate.

LIC Aam Admi Bima Yojana – Details

Eligibility criteria :

1. The members should be aged between 18 years completed and 59 years nearer birthday.

2. The member should normally be the head of the family or one earning member of the below poverty line family (BPL) or marginally above the poverty line under identified vocational group/rural landless household.

2. Nodal Agency

“Nodal Agency” shall mean the Central Ministerial Department/State Government / Union Territory of India/any other institutionalized arrangement/any registered NGO appointed to administer the Scheme as per the rules. In the case of “Rural Landless Households”, the nodal agency will mean the State Government/Union Territory appointed to administer the Scheme.

3. Age Proof :

  • a) Ration Card
  • b) Extract from Birth Register
  • c) Extract from School Certificate
  • d) Voter’s List
  • e) Identity card issued by reputed employer/Government Department
  • f) Unique Identification Card (Aadhar Card)

LIC Aam Admi Bima Yojana Premium

The premium to be charged initially under the scheme will be Rs.200/- per annum per member for a cover of Rs.30,000/-, out of which 50% will be subsidized from the Social Security Fund . In case of Rural Landless Household (RLH) remaining 50 % premium shall be borne by the State Government/ Union Territory and in case of other occupational group the remaining 50% premium shall be borne by the Nodal Agency and/or Member and/or State Government/ Union Territory

LIC Aam Admi Bima Yojana Benefits



Upon death of a member, during the period of insurance cover the Sum Assured of Rs.30,000/- under assurance, then in force, shall become payable to the nominee.


The following benefits are provided to members in case of accident, during the period of insurance cover
a) On death, due to accident Rs.75,000/-
b) Permanent Total Disability, due to accident Rs.75,000/-
i. Loss of 2 eyes or 2 limbs OR
ii. Loss of one eye & one limb, in an accident
c) Loss of one eye or one limb, in an accident Rs.37,500/-

iii) Scholarship benefits

Scholarship as a Free Add-on benefit will be provided to a maximum of two children of the beneficiary studying between 9th to 12th Standard @ Rs.100/= per month for each child payable half yearly – on 1st July and on 1st January, each year.

LIC Aam Admi Bima Yojana Claim Procedure

The death or disability claims under the scheme will be settled by the P&GS Unit of LIC by making direct payment to the beneficiaries through NEFT or where there is no NEFT facility available then in such cases directly to the bank account of beneficiaries with prior approval from Competent authority the A/C payee cheque or claim can be paid by any other mode as decided by LIC.

In the event of death of the member during the period of coverage and while the policy is in force, his/her nominee will have to make an application along with Death Certificate for payment of claim amount to the designated official of the Nodal Agency.

The designated official of the Nodal Agency shall verify the claim papers and submit the same along with the death certificate and a certificate that the deceased member was head /earning member of the family belonging to the BPL/Marginally above BPL family under the eligible occupations under the scheme.
Nodal Agency should submit along with the application, the following requirements:

a) Claim Form duly completed in all respects
b) Original death certificate along with a copy duly attested.
In case of accident benefit claim the following additional requirements will have to be submitted along with the Death Registration Certificate:
Copy of FIR
Post Mortem Report
Police Inquest Report
Police Conclusion Report / Final Report of Police.

7. Permanent Total Disability Benefit :

The claimant has to submit documentary evidence of the accident, as also the Medical certificate from a Government Civil Surgeon or qualified Government Orthopaedician certifying permanent total/ partial disability due to accident, stating loss of limb/s of the member covered under the scheme.

Every member shall appoint a nominee to receive the claim amount after his death. Nomination form is a part of the membership application form and it should include particulars of the nominee to receive the claim amount. It should be ensured that this procedure is followed without fail so that there is no difficulty at the time of settlement of death claims. The Nomination form will be kept in the custody of the Panchayat/ Nodal Agency and shall be forwarded to LIC along with the claim papers on the death of the member.

8. Claim Procedure for Scholarships :

1. The member whose child is eligible for scholarship shall fill up an application form half yearly and submit it to the Nodal Agency. The Nodal Agency will identify the students.

2.The Nodal Agency in turn will submit the list of beneficiary students to the concerned P&GS unit with full details such as name of the student, school’s name, class, member’s name, master policy no., membership no. and NEFT details for direct payment.

3. Every half year, for 1st July and 1st January, each year LIC will credit the scholarship payment to the Account of the beneficiary student, by NEFT.

4. Any other mode of payment of scholarships as decided by LIC/Government may be applicable in future.


1Beedi Workers25Food Stuffs like Khandsari / Sugar
2Brick Kiln Workers26Textile
3Carpenters27Manufacture of Wood Products
4Cobblers28Manufacture of Paper Products
5Fishermen29Manufacture of Leather Products
7Handicraft Artisans31Rubber & Coal Products
8Handloom Weavers32Chemical Products like candle manufacture
9Handloom & Khadi Weavers33Mineral products like earthen toys manufacture
10Lady Tailors34Agriculturists
11Leather & Tannery Workers35Transport Drivers Association
12Papad Workers attached to ‘SEWA’36Transport Karmacharis
13Physically Handicapped Self Employed Persons37Rural Poor
14Primary Milk Producers38Construction Workers
15Rickshaw Pullers / Auto Drivers39Fire Crackers’ Workers
16Safai Karamacharis40Coconut Processors
17Salt Growers41Aanganwadi Teachers
18Tendu Leaf Collectors42Kotwal
19Scheme for the Urban Poor43Plantation Workers
20Forest Workers44Women Associated with Self-Help Groups
21Sericulture45Sheep Breeders
22Toddy Tappers46Overseas Indian Workers
23Powerloom Workers47*Rural Landless Households
24Hilly Area Women48Unorganized workers covered under RSBY

* 50% of the premium to be met by the State Govt

How to Join LIC Aam Admi Bima Yojana

The Scheme is based on Nodal Agency Model. A Nodel Agency can be Panchayats, NGOs, Self Help Groups or any other Institutionalised arrangements. The Nodal Agency can contact the nearest Pension and Group Scheme office or any LIC Branch office the details of which are available under the TAB Locator.

LIC Aam Admi Bima Yojana | Features and Benefits
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