Group Insurance Scheme for Powerloom Weavers

Description
The Government of India had introduced the & 39;Group Insurance Scheme for Powerloom Weavers& 39; from 1st July, 2003 which is a combination of & 39;Janshree Bima Yojana JBY & 39; and & 39;Add-on Group Insurance Scheme AGIS & 39;. The Scheme was revised w.e.f. 1st January, 2008 and the revised Scheme was known as "Group Insurance Scheme for Powerloom Weavers". This scheme is implemented in collaboration with the Life Insurance Corporation LIC of India. Objective: The basic objective of this scheme is to provide insurance cover to the powerloom weavers in the case of natural death, accidental death as well as partial and permanent disability due to accident.

Benefits
• In the event of the natural death of the member, Sum assured of ₹60,000/- will become payable to the nominee.
• In the event of death by accident or Partial/Total Permanent Disability due to accident, the following benefit shall be payable:
• On death due to accident: ₹1,50,000/-
• Permanent total disability due to accident: ₹1,50,000/-
• Permanent partial disability due to accident: ₹75,000/-
• **Educational Benefits:**
• An educational grant of ₹600/- per child per half year for two children studying from Class IX to Class XII for a maximum of 4 years under the Shiksha Sahayog Yojana (SSY).
• **Premium:**
• The total annual premium ₹470/- per member, will be shared as follows:
• Government of India Contribution: ₹290/-
• Workers/Weavers Contribution: ₹80/-
• Contribution from Social Security Fund: ₹100/-

Eligibility Criteria
1. The Powerloom weavers who are between 18 to 59 years of age.
2. The scheme will be universally applicable for powerloom workers/weavers irrespective of their status with reference to BPL/APL categories.
3. The scheme is applicable to the families of powerloom workers engaged in the activity of weaving on powerlooms and in allied pre-weaving/preparatory activities like twisting, winding, warping and sizing.
4. Self-employed weaver families owning not more than 4 looms will also be eligible.
5. Family for the purpose of the scheme shall be the beneficiary and his/her spouse and only one of them shall be eligible for coverage.
6. The scheme is operational on yearly basis i.e. the premium paid will cover the applicant under this insurance scheme for one year. He can continue the insurance every year during 12th Plan period by paying premium up to the age of 59 years.

Required Documents
• Photo-Identity card
• Any Documentary Proof of Age
• Death Certificate
• Police Complaint (FIR) (for accidents, if applicable)
• Post-Mortem Report, if applicable
• Medical Certificate, if applicable
• Discharge Certificate (in case of injury)
• Self-Certification
• Other Related Documents as required

Frequently Asked Questions
Q: What is the primary objective of the scheme?
A: To provide insurance coverage to powerloom weavers in cases of natural death, accidental death, and partial or permanent disability due to accidents.

Q: Who is eligible to enroll in this insurance scheme?
A: Powerloom weavers aged between 18 and 59 years, irrespective of their BPL/APL status.

Q: Does the scheme cover workers involved in pre-weaving activities?
A: Yes, it includes workers engaged in twisting, winding, warping, and sizing activities.

Q: Are self-employed weaver families eligible for the scheme?
A: Yes, if they own not more than four looms.

Q: How is "family" defined under this scheme?
A: The beneficiary and their spouse; only one can be covered.

Q: What is the coverage period of the insurance upon premium payment?
A: One year, with the option to renew annually until the age of 59.

Q: Does the scheme provide educational grants?
A: Yes, [?]600 per child per half-year for up to two children studying from IX to XII standard, for a maximum of four years.

Q: What happens if a student fails and is detained in the same standard?
A: They become ineligible for the scholarship for that standard in the next year.

Q: Which organizations jointly implement the scheme?
A: The Office of the Textile Commissioner and the Life Insurance Corporation (LIC) of India.

Q: What role do the Regional Offices of the Textile Commissioner play?
A: They act as nodal agencies, responsible for sensitizing workers, enrolling members, and facilitating application processes.

Q: What is the procedure if a member changes employment during the coverage period?
A: The member must inform the nodal agency about the change.

Q: How are claims settled?
A: LIC sends account payee cheques or uses NEFT/RTGS directly to the beneficiary, with intimation to the nodal agency.

Q: Can a member rejoin the scheme after a lapse in premium payment?
A: Yes, by paying the required premium, the member can rejoin the scheme.

Q: Is the premium refundable if paid?
A: No, once paid, the premium is non-refundable.