Group Insurance Scheme for Powerloom Weavers
in Lakshadweep
Last updated:
Key dates and updates (Lakshadweep)
Nationwide and Lakshadweep-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Group Insurance Scheme for Powerloom Weavers in Lakshadweep
Group Insurance Scheme for Powerloom Weavers is a government scheme available to eligible residents of Lakshadweep.
Apply for Group Insurance Scheme for Powerloom Weavers in Lakshadweep
Scheme Overview
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.
Eligibility Criteria
The Powerloom weavers who are between 18 to 59 years of age.
The scheme will be universally applicable for powerloom workers/weavers irrespective of their status with reference to BPL/APL categories.
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.
Self-employed weaver families owning not more than 4 looms will also be eligible.
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.
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.
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/-
Required Documents
| # | Document |
|---|---|
| 1 | Photo-Identity card |
| 2 | Any Documentary Proof of Age |
| 3 | Death Certificate |
| 4 | Police Complaint (FIR) (for accidents, if applicable) |
| 5 | Post-Mortem Report, if applicable |
| 6 | Medical Certificate, if applicable |
| 7 | Discharge Certificate (in case of injury) |
| 8 | Self-Certification |
| 9 | Other Related Documents as required |
Common questions in Lakshadweep
Who can apply for Group Insurance Scheme for Powerloom Weavers in Lakshadweep?
Eligible residents of Lakshadweep who meet the scheme’s overall criteria can apply for Group Insurance Scheme for Powerloom Weavers. Refer to the eligibility section above for the complete checklist.
What documents are required for Group Insurance Scheme for Powerloom Weavers in Lakshadweep?
Applicants in Lakshadweep typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Group Insurance Scheme for Powerloom Weavers?
Key dates are summarized in the table on this page, from 1 July 2003 through 1 July 2003, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
To provide insurance coverage to powerloom weavers in cases of natural death, accidental death, and partial or permanent disability due to accidents.