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The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

Powerloom weavers urged to enrol for free insurance scheme

State government to bear beneficiary contribution
The district handlooms and textiles department has asked powerloom weavers of Sircilla textile town to enrol their names for converged Group Insurance Scheme by December 15. In a press note issued on Monday, AD, handlooms and textiles, Ashok Rao said while the premium amount for Union government’s health insurance scheme (earlier called Janshree Bima Yojana) is Rs. 470 per person, the major portion would be borne by it (Rs. 290) and Life Insurance Corporation (Rs. 100). The beneficiary would have to pay the remaining Rs. 80.
The State government, however, decided to pay the beneficiary’s contribution, making the insurance policy free of cost. Weavers, in the 18 to 59 age group, just have to enrol their names to avail the insurance scheme. For the 18 to 50 age group, the family of a weaver would get Rs. 2 lakh in case of natural death, Rs. 4 lakh for accidental death, Rs. 1 lakh for partial disability and Rs. 2 lakh for complete disability. For the 51 to 59 age bracket, the insurance amount is a tad lower. The beneficiary’s family would Rs. 60,000 for natural death, Rs. 1.5 lakh for accidental death, Rs. 75,000 for partial disability and Rs. 1.5 lakh for complete disability.