Sarkari Yojana
Group Insurance Scheme for Powerloom Weavers
About Group Insurance Scheme for Powerloom Weavers
The Government of India introduced the ‘Group Insurance Scheme for Powerloom Weavers’ on 1 July 2003, combining ‘Janshree Bima Yojana (JBY)’ and the ‘Add-on Group Insurance Scheme (AGIS).’ Revised with effect from 1 January 2008, it continues under the name “Group Insurance Scheme for Powerloom Weavers” and is implemented jointly with the Life Insurance Corporation (LIC) of India. Objective: This scheme’s core purpose is to give powerloom weavers insurance cover for natural death, accidental death, and partial or permanent disability from an accident.
Scheme Overview
Central Government
Ministry Of Textiles
Office Of Textile Commissioner And The LIC Of India
Individual
01 Jul 2003
Scheme Details
Eligibility Requirements
To qualify for Group Insurance Scheme for Powerloom Weavers, applicants must satisfy the following conditions:
Powerloom weavers aged 18 to 59
Powerloom weavers aged 18 to 59.
The scheme applies universally to powerloom workers/weavers regardless…
The scheme applies universally to powerloom workers/weavers regardless of BPL/APL status.
It covers families of powerloom workers engaged in…
It covers families of powerloom workers engaged in weaving on powerlooms, as well as allied pre-weaving/preparatory work like twisting, winding, warping, and sizing.
Self-employed weaver families owning no more than 4…
Self-employed weaver families owning no more than 4 looms are also eligible.
For this scheme, "family" means the beneficiary and…
For this scheme, "family" means the beneficiary and their spouse, of whom only one may be covered.
The scheme runs on a yearly basis —…
The scheme runs on a yearly basis — the premium paid covers the applicant for one year, renewable annually through the 12th Plan period until age 59.
Benefits Provided
Group Insurance Scheme for Powerloom Weavers provides the following benefits to eligible applicants:
On the member's natural death, the nominee receives…
On the member's natural death, the nominee receives a Sum Assured of ₹60,000/-.
On death by accident, or Partial/Total Permanent Disability…
On death by accident, or Partial/Total Permanent Disability from an accident, the following applies:
Death due to accident: ₹1,50,000/-
Permanent total disability due to accident: ₹1,50,000/-
Permanent partial disability due to accident: ₹75,000/-
Educational Benefits:
An educational grant of ₹600 per child per half-year, for up to two children in Classes IX to XII, for a maximum of 4 years, under the Shiksha Sahayog Yojana (SSY).
Premium:
The total annual premium of ₹470 per member is shared as follows:
Government of India: ₹290/-
Workers/Weavers: ₹80/-
Social Security Fund: ₹100/-
Documents Required
Applicants should keep the following documents ready before starting the application:
1
1. Photo-Identity card. Any documentary proof of age. Death certificate. Police complaint (FIR), for accidents, if applicable. Post-mortem report, if applicable. Medical certificate, if applicable. Discharge certificate, in case of injury. Self-certification. Any other related documents as required.
2003-07-01
How to Apply
Offline Application
Applicants can apply for Group Insurance Scheme for Powerloom Weavers through the offline application process outlined below.
Application Process
A prospective beneficiary fills out an application-cum-nomination form…
A prospective beneficiary fills out an application-cum-nomination form and submits it to the nodal agency along with their share of the premium.
Powerloom Service Centres (PSCs), Regional Offices (RO), and…
Powerloom Service Centres (PSCs), Regional Offices (RO), and the Karnataka State Textile Infrastructure Development Corporation Ltd. (KSTIDC) enrol powerloom workers/weavers as scheme members, collect their premium, and forward the applications with premium to the respective RO/KSTIDC by the 25th of each month.
The premium is sent to the RO/KSTIDC as…
The premium is sent to the RO/KSTIDC as a demand draft in LIC's favour, payable at the location of the concerned jurisdictional LIC office.
On receiving the details and premium, the ROs/KSTIDC…
On receiving the details and premium, the ROs/KSTIDC compile the workers' applications into one Group along with the premium collected, and submit this to the concerned LIC Regional Office by the last working day of the month. Note 1: The Textile Commissioner's Regional Offices (RO) serve as nodal agencies for this scheme, except in Karnataka, where the Karnataka State Textile Infrastructure Development Corporation Ltd. (KSTIDC), Bangalore, is the nodal agency. Note 2: Their duties include making powerloom workers/weavers aware of the scheme's benefits, enrolling as many as possible, and helping them complete applications. Note 3: These nodal agencies are responsible for ensuring workers'/weavers' contributions reach on time so they aren't denied insurance benefits, and for ensuring claims are processed without inconvenience. Note 4: On receiving the beneficiary list, applications, and premium amount, LIC issues the master policy from the 1st of the following calendar month. Note 5: Premiums already paid are non-refundable. Note 6: If a member doesn't pay the following year's premium, coverage automatically lapses; they may rejoin later by paying the required premium. Note 7: A powerloom worker changing jobs between units during the coverage period must inform the nodal agency of the change. Note 8: On receiving the Government's share of the premium, the Office of the Textile Commissioner releases funds to the concerned LIC Regional Office, based on the number of workers enrolled that month in that region. Claim Procedure:
In case of death or disability, the nominee/beneficiary…
In case of death or disability, the nominee/beneficiary submits a claim to LIC through the nodal agency, with supporting documents such as a death certificate, police complaint (FIR) for accidents, post-mortem report, medical certificate, discharge certificate, and other relevant papers (Claim Form).
The nodal agency forwards the claim papers to…
The nodal agency forwards the claim papers to the LIC branch that originally issued the insurance cover.
LIC settles claims via an A/c Payee Cheque,…
LIC settles claims via an A/c Payee Cheque, NEFT, or RTGS paid directly to the beneficiary, with the nodal agency informed accordingly.
Objectives
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The basic objective of this scheme is to provide insurance cover to the powerloom weavers in the case of natural death, accidental death as well as partial and permanent disability due to accident.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.