Janashree Bima Yojna

The Government of India in collaboration with the Life Insurance Corporation (LIC) launched the Janashree Bima Yojna (JBY) in the year 2000 to provide life cover to people living below the poverty line and marginally above the poverty line. At present, the plan covers 45 occupation groups in India at the rural and urban level.


The eligibility criteria for JBY policy is as follows:

  • The applicant must lie in the age group of 18 to 59 years.
  • The applicant must be a member of any of the nodal agency approved occupation or vocational group.
  • The applicant must be marginally above or below the poverty line.
  • The minimum membership size must be 25.
janashree bima yojana


In this scheme, the members have to pay a premium of Rs. 200 per person where half the premium would be paid by the members or the State Government/Nodal Agency at the time of proposal submission. The Nodal Agencies are formed of Self Help Groups (SHGs), Non-government Organizations (NGOs), Panchayat, or any other institutional bodies. Hence, the remaining 50 percent of the premium would be funded from the Social Security Fund.


Janashree Bima Yojana also provides a distinct scheme to women Self Help Group members to provide assistance in the education of their children. The term life insurance cover for a value of Rs. 30,000 is delivered for a duration of one year. The annual premium of Rs. 200 is shared amid the LIC and the SHG member.  Here the member has to pay an amount of Rs. 100, while the remaining Rs. 100 is provided by the LIC of India.


The Janashree Bima Yojana also provides a social security scheme, Shiksha Sahyog Yojana (SSY), for kids whose parents are covered under the scheme. This add-on benefit of the Janashree Bima Yojana pays a biannual scholarship value of Rs. 600 to students studying in class IX to XII and even includes ITI students. However, this facility is limited to two kids per family.


There are a number of added benefits to this insurance policy and some of them are listed below:

  • In the instance of the policy holder’s death due to natural causes during the active policy term, the nominee would be provided a sum of Rs. 30,000 as death benefit.
  • In the case of accidental death or permanent disability of the policy holder during the active policy term, the beneficiary would be provided a sum of Rs. 75,000 as compensation value.
  • In the instance of partial permanent disability of the life assured due to an accident in the course of an active policy term, the sum of Rs. 37,500 would be paid as compensation.


The Jeevan Bima Yojna covers the below mentioned groups that lie below and marginally above the poverty line category:

  1. Aanganwadi workers and helpers      
  2. Agriculturists  Papad workers attached to SEWA
  3. Paper product manufacturers
  4. Beedi workers Physically handicapped self-employed Individuals
  5. Brick kiln workers Plantation workers
  6. Carpenters Powerloom workers
  7. Cobblers Primary milk producers
  8. Coconut processors Printing press workers
  9. Construction workers  Rickshaw pullers and auto drivers
  10. Chemical products like candle manufacturers Rubber and coal producers
  11. Earthen toy makers Rural poor
  12. Fire cracker workers Safai karamcharis
  13. Fishermen Salt producers
  14. Foodstuffs like khandsari/sugar company workers
  15. Food product manufacturers  Scheme for urban poor
  16. Forest workers Sericulture
  17. Hamals Sheep breeders
  18. Handicraft artisans Tenduleaf collectors
  19. Handloom weavers Textile workers
  20. Khadi weavers Toddy tappers
  21. Hilly area women Transport drivers association members
  22. Kotwal Transport workers
  23. Lady tailors Women associated with SHG
  24. Leather tannery workers
  25. Manufacturer of leather products

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