State insurance
The State Insurance, provident fund, New Pension schemes are the most benevolent and prestigious schemes of Government of Rajasthan. These schemes are social security schemes which besides encouraging savings provide financial & economic strength to the employees. The main aim of the schemes is to provide financial support to the aggrieved family in the event of unfortunate death of the employee.
The General Insurance Schemes of the Department aims at providing security to the property of the insured institutions of State Government and statutory bodies. The coverage provided by general insurance basically compensate against any financial loss that may arise due to accidents related to automobiles, fire ,marine etc. subject to provisions of the relevant policies.
premium & Forms rajasthan
Rate of Premium & Its Recovery
The monthly premium payable by the insured under the insurance scheme shall be such as is specified below or revised by Government order from time to time.
Premium rates declared by the government vide letter No. F. 13 (21) FD/Rev./76 Pt. Dated 25-02-2015
Pay Slab and Premium Rates
Sl. No. | Pay in the salary slabs | Rate of monthly premium |
---|---|---|
1 | Rs.6050 to 8500 | Rs.400 |
2 | Rs. 8501 to 11000 | Rs.550 |
3 | Rs. 11001 to 18000 | Rs.1100 |
4 | Rs. 18001 to 28000 | Rs.1550 |
5 | Rs. 28001 and above | Rs. 2650 |
6 | Maximum | Rs.3000 |
Further Assurances:
Whenever, as a result of change in pay slabs, the premium already payable by an insured falls short of the premium to be payable by him, further assurance shall be granted for incremental premium & incremental recoveries shall be effected from his pay from the month of March of the same financial year.
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