Nagaland Universal Life Insurance Scheme 2024: Eligibility and Benefits

Nagaland Universal Life Insurance Scheme 2024 was launched by the Nagaland state government. During the budget representation of the Nagaland state government, the state authorities announced the launch of the Nagaland Universal Life Insurance 2024. To provide financial assistance to the families in Nagaland state who are affected by the sudden demise of their breadwinner due to any cause the Nagaland state government launched the Nagaland Universal Life Insurance 2024. All the applicants who want to avail the benefits of this scheme 2024 must fill out the application form on the official website.

Nagaland Universal Life Insurance Scheme

To reduce the financial hardships of the citizens of Nagaland state who are affected by the sudden demise of their only breadwinner of the family the Nagaland state government launched the Nagaland Universal Life Insurance Scheme. This scheme will provide INR 2 lakh to the selected applicants and additionally, accidental insurance coverage of INR 2 lakh each will also be provided for the breadwinner and three other family members. This scheme will cover every household in Nagaland and a provision of Rs 15 crore has been provided to pay the cost of premium.

Nagaland Universal Life Insurance Scheme
Nagaland Universal Life Insurance Scheme

The objective of Nagaland Universal Life Insurance Scheme

The main objective of launching the Nagaland Universal Life Insurance is to provide financial support to the financially unstable families in Nagaland state who have lost their breadwinners. Under the Nagaland Universal Life Insurance the Nagaland state government will provide financial support of INR 2 lakh to all the families affected by the dismisses of their breadwinners. The financial assistance will help the affected families to pay their day-to-day expenses without worrying about financial troubles. All the applicants who clear the eligibility criteria must fill out the application form on the official website to avail the benefits of this scheme.

Also Read: Nagaland Chief Minister Health Insurance Scheme

Key Highlights of the Nagaland Universal Life Insurance Scheme

Name of the schemeNagaland Universal Life Insurance Scheme
Launched byNagaland state government
ObjectiveProvide financial assistance
BeneficiariesCitizens of Nagaland State
Official website 

Eligibility Criteria

  • The applicant must be a permanent resident of Nagaland state.
  • The breadwinners of the applicant’s family must have died.

Benefits of the Universal Life Insurance Scheme

  • The selected applicants under the Nagaland Universal Life Insurance will get financial support of INR 2 lakh from the Nagaland state government.
  • With the help of financial assistance, the applicants can pay their day-to-day expenses without worrying about financial troubles.
  • This scheme will provide financial support to families who are affected by the sudden demise of the breadwinners of the family.
  • This scheme will also provide accidental insurance coverage for three other members of every family in the state.
  • The financial assistance will be transferred to the selected applicant’s bank account.

Also Read: Pradhan Mantri Jeevan Jyoti Bima Yojana

Required Documents

  • Aadhar card
  • Residence certificate
  • Passport size photograph
  • Mobile number
  • Email ID
  • Birth certificate

Date of Announcement

  • The Nagaland Universal Life Insurance 2024 was announced on 27th February 2024.

Implementation Process

  • The Nagaland Universal Life Insurance 2024 will be implemented only in the Nagaland state.
  • The scheme will be implemented to provide financial assistance to the financially unstable families of the Nagaland state.
  • For the implementation of this scheme, the Nagaland state government has provided a budget of INR 180 crore.
  • The Nagaland state government will provide financial assistance of INR 2 lakh with the implementation of this scheme.

Nagaland Universal Life Insurance Scheme Apply Online

  • To apply for the Universal Life Insurance Scheme the applicant can go to the official website.
  • On the home page click on the option Apply Here.
  • A new page will appear on your screen.
  • Enter all the details that are asked and attach all the necessary documents.
  • Click on the option Submit to complete your process.

FAQs

Which state launched the Universal Life Insurance Scheme 2024?

The Nagaland state government launched the Nagaland Universal Life Insurance 2024.

When was the Universal Life Insurance Scheme 2024 announced?

The Nagaland Universal Life Insurance 2024 was announced on 27th February 2024.

What is the financial assistance given under the Universal Life Insurance Scheme 2024?

The financial assistance of INR 2 lakh will be given under the Universal Life Insurance Scheme 2024.

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