Khyber-Pakhtunkhwa (K-P) government has introduced a life insurance scheme that will provide financial support to families in case of death, particularly targeting low-income groups. Starting from January 1, 2025, this scheme will offer compensation to families of deceased individuals who are covered under the provincial health card network. This initiative aims to help the people of K-P cope with the financial crisis caused by the loss of a family member, especially the primary breadwinner.
| Scheme Feature | Details |
| Compensation for Under 60 | Rs 1 million for families of deceased individuals under 60 |
| Compensation for Over 60 | Rs 500,000 for families of deceased individuals over 60 |
| Annual Cost | Rs 4.5 billion, funded by the provincial government |
| Eligibility Requirement | Must be a K-P resident and enrolled in the health care system |
Application Process for the Life Insurance Scheme
To apply for the life insurance scheme, the family of the deceased needs to follow a straightforward process. The following steps outline the application process:
- Death Certificate: The family must provide the official death certificate of the deceased.
- Health Card Registration: The deceased person should have been registered under the K-P government’s health card network.
- Submission of Documents: The relevant documents, including the death certificate and health card details, must be submitted to the designated government office or online portal.
- Verification: Once the documents are submitted, they will be verified by the concerned authorities.
- Disbursement of Compensation: After verification, the eligible family will receive the compensation amount, either in the form of a cheque or direct bank transfer.
The government has set up a helpline for any queries related to the application process, where applicants can get assistance.
You may also read: Chief Minister Livestock Card Distribution Starts Latest Update
Eligibility Criteria for the Life Insurance Scheme
The life insurance scheme is available to the families of individuals who meet the following criteria:
- Resident of Khyber-Pakhtunkhwa: The deceased must be a resident of K-P, and their family should be registered under the health card network.
- Age of Deceased: The scheme offers compensation according to the age of the deceased.
Under 60 years of age: Families will receive Rs 1 million.
Over 60 years of age: Families will receive Rs 500,000.
- Health Card Requirement: The deceased must have been enrolled in the K-P health card program and received treatment at a government or health card network hospital.
Key Features of the Life Insurance Scheme
The life insurance scheme in K-P comes with several key features that make it a beneficial program for the people of the province:
- Compensation Amount: Rs 1 million for families of those under 60 years of age and Rs 500,000 for those over 60 years of age.
- Welfare Focused: The scheme is designed to provide financial relief to families, particularly those facing economic hardship due to the loss of a primary breadwinner.
- Government Funded: The total annual cost of Rs 4.5 billion will be borne by the provincial government, ensuring the scheme remains free of charge for applicants.
- Inclusive Coverage: The scheme will cover all K-P residents who are part of the provincial health card network, ensuring broad access to financial support.
Objective of the Life Insurance Scheme
The main goal of the life insurance scheme is to:
- Provide Financial Support: Ensure that families are financially supported in the event of the death of a member, reducing the economic impact on vulnerable families.
- Alleviate Poverty: The scheme targets low-income families, helping them avoid severe financial hardship following the death of a breadwinner.
- Promote Welfare: It is a step towards creating a welfare state in KPK, where the government takes responsibility for the well-being of its citizens.
- Support Health Initiatives: By linking the insurance scheme with the provincial health card network, the government is reinforcing its commitment to public health and social security.
Conclusion
In conclusion, Khyber-Pakhtunkhwa’s life insurance scheme is a significant initiative aimed at providing financial relief to the families of deceased individuals, particularly those in poverty. With compensation amounts based on age and the focus on welfare, the scheme addresses an important need for social security in the province. The process is straightforward, and the government’s commitment to funding the scheme ensures that it can reach as many people as possible. By combining this with other development projects, K-P is making strides toward creating a more secure and prosperous future for its people.
Related: Registration Method For Ineligible Persons in Punjab solar panel scheme 50000
FAQs
What is the compensation amount for families of deceased members under 60 years of age?
Families of individuals under 60 will receive Rs 1 million as compensation under the scheme.
How can I apply for the life insurance scheme?
The application can be submitted by providing the death certificate, health card registration details, and other required documents to the relevant government authorities or via the online portal.
What documents are required to apply for the life insurance scheme?
Applicants need to provide the death certificate and health card details of the deceased person.
Is the life insurance scheme available for families living outside K-P?
No, only families residing in Khyber-Pakhtunkhwa and registered under the health card network are eligible for the insurance scheme.