With reference to "Aam Admi Bima Yojana", consider the following statements: 1) the member insured under the scheme must be the head of the family or an earning member of the family in a rural landless household. 2) The Member insured must be in the age group of 30 to 65 years. 3) There is a provision for free scholarship for up to two children of the insured who are studying between classes 9 and 12. Which of the statements given above is/ are correct?

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CollectorBabu · Accepted Answer

Correct Answer: 1 and 3 only. AAM ADMI BIMA YOJANA, is a Premium Social Security Fund for rural landless household or head of family where single earning member is covered under such scheme for a premium amount of Rs.200/- annually shared by Central and State Government. The member for such scheme should be aged between 18 and 59 years. Under this fund scheme, an insurance for head of family is provided which covers benefit against natural and accidental death or with partial/permanent disability. In this, two children of beneficiaries studying in 9 th to 12 th class will get support of Rs.300/- for three months for single child.

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