To strengthen the social security framework for State Government employees, the Government of Assam has introduced the Zero Cost Employee Insurance Scheme aimed at providing comprehensive insurance coverage to all permanent regular Government employees without any financial burden on them.
To achieve the desired results, the Government has partnered with Axis Bank, Indian Bank, Punjab National Bank, State Bank of India and Union Bank of India to provide zero-premium insurance coverage to all its regular and permanent employees. An SoP has been put in place to assist the employees and/or their nominees in comprehending the steps involved in making a seamless insurance benefit claim.
The key features of the scheme include minimum coverage of ₹10 lakh for Term Life Insurance; death cover up to ₹100 lakh in case of Personal Accidental Insurance; coverage up to ₹100 lakh for Permanent Total Disability; ₹ 80 lakh coverage for Permanent Partial Disability; minimum ₹200 lakh cover for Air Accidental Insurance. Moreover, Health Insurance can be availed at a discounted premium, with the option of a self-paid policy.
To avail benefit under the scheme, the employee must have a salary account with one of the partner banks. If an employee opens a new salary account or transfers their salary account to a partner bank, their salary must be credited into the account for at least one month before they become eligible.
To file an insurance claim, the nominee must submit essential documents like a death certificate, FIR in case of accidental death, post-mortem report, medical board’s report in case of disability, proof of identity, account details, and the last three months’ bank statement. The claim documents must be submitted to the bank branch where the salary account is maintained within 60 days of the incident, failing which a 30-day window has also been provisioned.
