AABY Cover for Agricultural Tenants & Sharecroppers
Landless tenant cultivators identified by Gram Panchayat. Includes free education scholarship for up to 2 high school children.
Sum Insured / Cover
₹30,000 (Natural) / ₹75,000 (Accidental)
Annual Premium
100% Subsidized (Social Security Fund)
Claim Settlement
98.2% (LIC Social Security Fund)
Network / Scope
All-India Empaneled
✦ Key Benefits & Policy Coverage
₹30,000 upon natural death; ₹75,000 on death due to accident; ₹75,000 for permanent total disability; ₹37,500 for permanent partial disability. Free add-on Shiksha Sahayog scholarship of ₹100/month per child (max 2 children studying in 9th to 12th standard).
What is Missing: Critical Policy Exclusions & Limitations
Eligo disclosure: Private insurance agents and official ads rarely mention these limitations. Verify before relying on this coverage.
Only one earning member per household is covered. Maximum entry age is 59 years. Low sum insured compared to PMJJBY.
✦ Eligibility Requirements
Rural landless household head or unorganized worker aged 18 to 59 years living below poverty line or marginally above.
✦ Application, Enrollment & Claims Process
1. Apply through nodal agency (District Collectorate, State Welfare Board, or registered Cooperative Society).
2. Submit membership verification through Gram Panchayat.
3. Master policy issued by LIC Pension & Group Schemes branch.Official Portal
Official Government / PSU Portal
Apply or verify on the official administrative domain
✦ Documents Checklist
Aadhaar Card, Ration Card / BPL Certificate, Landless certificate from Tehsildar, School certificate for scholarship.
✦ Life Situations Where This Scheme Helps
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Higher Education & Scholarships
Post-matric scholarships, merit-cum-means awards, education loan subsidies, and fellowships for college and university students.
Widow & Destitute Women Support
Direct monthly pension support, skill training, daughter marriage financial aid, and rehabilitation for widowed or deserted women.
Underwriting Entity & Public Grievance Contact
Administering Body:
Government of India