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Telangana Government Introduces New Unique Life Insurance Scheme For State Farmers
Telangana Government Announces Unique Life Insurance Scheme For State Farmers -Details, Features, Benefits
Telangana Government has recently announced a unique and distinctive life insurance scheme for its state farmers.
Under the Life Insurance scheme, the government of Telangana will provide life insurance facility of five lakh rupees to the nominee, after the death of the insured farmer.
Life Insurance scheme's entire premium will be paid by the Telangana government to the insurance agency and the nominee will get the amount within ten days of the claim after the death of the farmer. the dependent family will get the benefit irrespective of the reason for the death of the farmer.
Chief Minister Chandra Sekhara Rao informed that Life Insurance Corporation (LIC) India will implement the newly introduced scheme.
The farmers in the age group of 18 to 60 are eligible to enroll their names to get benefit from it.
The new Life Insurance scheme will be implemented from 15th August 2018.
