TN to join hands with LIC for insurance schemes
Deputy CM O Panneerselvam said that based on his announcement in the budget last year, the government has drawn up detailed guidelines for the Puratchi Thalaivi Amma Comprehensive Accident cum Life Insurance Scheme to be implemented in association with the LIC covering all Below Poverty Line families.
migrator
Chennai
Accordingly, the compensation for the loss of a breadwinner will be enhanced to Rs 2 lakh in case of natural death and Rs 4 lakh in case of accidental death, with a payment of up to Rs 2 lakh for permanent disability caused by accidents. “This scheme will be launched shortly,” he said adding that in the Budget for 2020-21, a provision of Rs 250 crore has been made for it. He further said that the ongoing Accident Relief Scheme will be continued to cover those beneficiaries who are not eligible under the New Insurance Scheme and added that Uzhavar Padhukappu Thittam will also continue at a cost of Rs 200.82 crore.
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