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Telangana Govt to launch universal Rs 5 lakh Life Insurance Scheme on Nov 19

Hyderabad, Nov 13 (UNI) Telangana is set to become the first and only State in the country to provide universal life insurance coverage to every family under the Indiramma Kutumba Jeevitha Bhima Pathakam, with enrolment beginning on November 19, Deputy Chief Minister Mallu Bhatti Vikramarka announced on Friday.
Addressing a video conference with district collectors and senior officials, he said the scheme would provide life insurance coverage of Rs 5 lakh to every family, irrespective of caste, religion or income. Chief Minister A Revanth Reddy will formally launch the enrolment process, which will be conducted simultaneously across villages, towns and cities in saturation mode.
He said the scheme was designed to ensure that families would not face financial hardship following the death of their earning member. In families with multiple earning members, the family can decide who should be insured. They can also choose a single or multiple nominees and determine the proportion of the insurance amount to be received by each beneficiary.
Bhatti Vikramarka directed officials to ensure accuracy while collecting enrolment details, including the names of insured persons and nominees. They should read out the completed information to the family before obtaining the insured person's signature.
He instructed officials to publicise the scheme and enrolment camp details through village announcements on November 17 and 18, besides using print, electronic and social media to create awareness among people.
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