Explore the Pravasi Bharatiya Bima Yojana (PBBY) and its policy details. Learn about the PBBY scheme designed for the insurance coverage of overseas Indian workers.
Overview:
Pravasi Bharatiya Bima Yojana (PBBY) offers comprehensive insurance coverage worldwide, regardless of the employer or location. It provides convenient online renewal options and simplifies the certification process for accidental death or permanent disability. The scheme has been enhanced to provide greater benefits for emigrant workers and focuses on expediting claim settlements.
Pravasi Bharatiya Bima Yojana (PBBY)
The Pravasi Bharatiya Bima Yojana (PBBY) is an insurance scheme launched by the Indian government to provide insurance coverage to Indian emigrant workers. The scheme aims to provide financial assistance to emigrant workers in case of any unforeseen circumstances while working abroad. Here are some key features and facts about the PBBY scheme:
Pravasi Bharatiya Bima Yojana (PBBY) – Overview
The PBBY scheme is available to Indian emigrant workers who are categorized as Emigration Check Required (ECR) and are working in specific countries. The scheme provides insurance coverage to emigrant workers in case of any unforeseen circumstances while working abroad. The scheme is managed by the Ministry of External Affairs and is available to all Indian citizens between the ages of 18 and 65 who are categorized as ECR.
Benefits of Pravasi Bharatiya Bima Yojana
The PBBY scheme provides insurance coverage to emigrant workers in case of any unforeseen circumstances while working abroad. The benefits of the scheme include:
- Insurance coverage of up to Rs. 10 lakhs in case of accidental death or permanent disability
- Coverage of medical expenses incurred due to an accident or illness
- Accidental death and disability coverage
- Repatriation of mortal remains
- Legal expenses
- Travel assistance
- Personal accident coverage
- Coverage for natural calamities
- Affordable premium rates
Eligibility for PBBY Scheme
The PBBY scheme is available to Indian emigrant workers who are categorized as ECR and are working in specific countries. The applicant must be between the ages of 18 and 65 to be eligible for the scheme.
PBBY Scheme Apply Online
To apply for the PBBY scheme online, the applicant must have a valid passport, visa, and work permit number. The application process involves filling out the application form and submitting the required documents.
Required Documents
When applying online for the PBBY scheme, applicants are usually required to submit supporting documents such as identification cards, proof of residency and evidence of the calamity’s impact.
Pravasi Bharatiya Bima Yojana Application Form
The application form for the PBBY scheme is available online and can be filled out by eligible applicants. The form requires the applicant to provide personal and employment-related information.
Is there a limit to the amount of coverage?
The PBBY scheme provides insurance coverage of up to Rs. 10 lakhs in case of accidental death or permanent disability.
Pravasi Bharatiya Bima Yojana Claim
In case of any unforeseen circumstances while working abroad, the claimant can make a claim under the PBBY scheme. The claims procedure involves submitting the required documents and following the policy guidelines.
The Takeaway
In conclusion, the Pravasi Bharatiya Bima Yojana (PBBY) scheme provides insurance coverage to Indian emigrant workers in case of any unforeseen circumstances while working abroad. The scheme offers a range of benefits, including affordable premium rates, medical coverage, and travel assistance, contributing to the welfare of Indian emigrant workers.
Pravasi Bharatiya Bima Yojana (PBBY) FAQs
Who is eligible for Pravasi Bharatiya Bima Yojana?
The scheme is available to Indian emigrant workers who are categorized as ECR and are working in specific countries.
What are the benefits of Pravasi Bharatiya Bima Yojana?
The benefits of the scheme include insurance coverage, medical expenses, accidental death and disability coverage, repatriation of mortal remains, legal expenses, travel assistance, personal accident coverage, natural calamities, and affordable premium rates.
Which ministry is Pravasi Bharatiya Bima Yojana under?
The scheme is managed by the Ministry of External Affairs.
What is the role of the government in the scheme?
The government provides insurance coverage to Indian emigrant workers in case of any unforeseen circumstances while working abroad.
What are the circumstances in which a claim can be made?
A claim can be made in case of any unforeseen circumstances while working abroad.
Who are the claimants in the scheme?
The claimant can be the emigrant worker or their legal heirs.
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