Government securities denominated in gold grams are known as Sovereign Gold Scheme. They are substitutes for holding physical gold. The insurance price must be paid in cash, and the bonds must be redeemed in cash at maturity. The bond is issued by the Reserve Bank of India on behalf of ...
Read More »Personal accident insurance scheme under Jan Suraksha zooms past 100 million policies
The personal accident scheme under the Pradhan Mantri Jan Suraksha Yojana has crossed the 100 million subscriber mark. As of May 6, the scheme had enrolled 100.18 million subscribers according to data from the Jan Suraksha website. Pradhan Mantri Suraksha Bima Yojana (PMSBY), which is the personal accident scheme under ...
Read More »NTR Arogya Raksha Scheme-Register now for health Benefits upto Rs. 2 lakh: Andhra Pradesh
Andhra Pradesh Government has launched NTR Arogya Raksha Scheme to provide the medical treatment to the people of Above Poverty Line (APL) at Rs. 1200 premium per annum. Apply for the benefits under this scheme from 01.01.2017 upto 28-02-2017 by paying the premium of Rs. 1200 per individual per year. ...
Read More »Get Insurance benefits upto Rs. 75,000: Mahathma Gandhi Bunkar Bima Yojana for Weavers: Tamil Nadu
Handlooms, Handicrafts, Textiles and Khadi Department,Tamil Nadu, has a scheme for the Handloom Weavers of the State that will provide them insurance against their lives under the Scheme “Mahathma Gandhi Bunkar Bima Yojana”. Objectives To insure the lives of the poor handloom weavers. To provide them or their legal heirs ...
Read More »Telangana: Abhaya Hastam Yojana
Abhaya Hastham is a Co-contributory Pension Scheme for the women, above the age group of 18, belonging to the Self Help Groups in Telangana. Telangana Government has launched this scheme for empowerment of women, through formation, development and strengthening of women SHGs and their federations. The scheme envisages contribution of ...
Read More »Sahara Insurance Scheme of Goa
The Government of Goa is pleased to provide insurance cover all the persons below or marginally above the poverty line engaged in un-organized sectors by providing insurance under the scheme of Sahara. Objective: The objective of “Sahara” is to provide Insurance/Security cover to the un organized sectors in case of ...
Read More »Janashree Bima Yojana
An insurance scheme of Life Insurance Corporation of India known as Janashree Bima Yojana scheme has been introduced in the State of West Bengal by Backward Class Welfare Department for providing insurance coverage to three Primitive Tribal Groups. Objective: The objective of the scheme is to provide life insurance protection to ...
Read More »Livestock Insurance scheme
With an aim to provide protection to the farmers, the government of India launched Livestock Insurance scheme. The main aim of this scheme is to improve the condition of farmers. Eligibility: They should be Farmers(Large/small/marginal) and cattle rearers Benefits: Financial assistance in the death or loss of animals Beneficiaries: Individual ...
Read More »US Treasury Department adds India to its FATCA list
The US Treasury Department has issued a list of 34 countries which includes India with whom it would share information under FATCA (foreign account tax compliance act) regulations. The pact aims to cover automatic sharing of information on bank accounts and other instruments like mitual funds, insurance and equities with each ...
Read More »Irdai to make listing a must for large insurers
The Insurance Regulatory and Development Authority of India (Irdai) will make it mandatory for large life insurance companies to list within a specific period. The three largest insurance companies at present are SBI Life Insurance, ICICI Prudential Life Insurance and HDFC Life, only HDFC Life has so far shown any ...
Read More »