Novel Insurance Scheme For Indian Workers 2024: Benefits and Features

The Government of India launched the Novel Insurance Scheme For Indian Workers 2024. To provide insurance coverage to all the Indian blue-collar workers in UAE the Consulate General of India announced the Novel Insurance For Indian Workers 2024. The scheme will provide insurance to all the applicant’s family who will die are natural death in the UAE. With the help of this scheme, the citizens of India who are working in the UAE can continue their work without worrying about their families. The applicants must fill out the application form on the official website to avail the benefits of the scheme 2024.

About Novel Insurance Scheme For Indian Workers in UAE

The consulate general of India announces the launch of the Novel Insurance Scheme For Indian Workers 2024 to provide insurance to all the Indian blue-collar workers in UAE. The implementation of this scheme will help approximately 3.5 million Indians residing in the UAE, constituting around 65 percent of whom are blue-collar workers. The scheme will provide 24-hour global coverage, death benefits for both natural and accidental causes, as well as compensation for permanent total or partial disability resulting from accidents. The Indian workers must pay the annual premium to continue availing the benefits of the scheme.

Also Read: Niramaya Health Insurance Scheme

The objective of Novel Insurance Scheme For Indian Workers 2024

The main objective of launching the Novel Insurance Scheme For Indian Workers 2024 is to provide security to all the applicant’s families after their natural or accidental death. With the help of this scheme, the Indian blue-collar workers did not have to worry about their families after there that in the UAE. The applicants can pay a regular annual premium to avail of the benefits of the Novel Insurance Scheme 2024. 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.

Key Highlights of Novel Insurance Scheme For Indian Workers

Name of the scheme	Novel Insurance Scheme For Indian Workers
Launched by	Consulate General of India
Objective	Provide Insurance
Beneficiaries	Indian blue colour worker in the UAE
Official website

Eligibility Criteria

• The applicant must be a permanent resident of India working in UAE.
• The applicant must be a blue-collar worker in the UAE.
• The applicant must pay an annual premium to contain availing the benefit.

Pension Premium Details

Sum Assured Options	Annual Premium Per Person
AED 35,000 per person	AED 37
AED 50,000 per person	AED 50
AED 75,000 per person	AED 72

Need of Life Protection Plan (LPP)

There are a total of 3.5 million (35 lakh) Indians, out of which 2.27 million (22.7 lakh) are blue-collar workers. Many Oil Companies in UAE provide work-related injuries and death insurance to their employees but there is no insurance for their natural deaths. To eliminate this problem, The Indian facilities in the UAE arrange a joint meeting between major companies in the UAE that recruit Indian blue-collar workers and the insurance service providers — Gargash Insurance Services LLC and Orient Insurance PJSC — to come up with an insurance plan that could cover natural and accidental deaths of the workers.

Also Read: Beneficiary Nha Gov.In Registration 

Date of Announcement

• The Novel Insurance Scheme 2024 was announced on the 1st March.

Benefits of Novel Insurance Scheme

• The applicants can get insurance for their natural death under the Novel Insurance Scheme.
• With the help of this, the applicant did not have to worry about their family after their death.
• The scheme will provide insurance for the natural and accidental death of the applicant in the UAE.
• The scheme will provide 24-hour worldwide coverage for employees having UAE employment visas.
• Repatriation Expenses – upto AED 12,000 per person will be provided to the applicant but only in the case of death.

Required Documents

• Aadhar card
• PAN card
• Passport
• Job letter
• Passport size photo
• Visa

How to Get a Novel Insurance Scheme For Indian Worker’s Benefits?

To avail of the benefits of the Novel Insurance For Indian Worker all the blue-collar workers of India who are working in the UAE can go to the authorities. All the blue-collar workers in India can go to their respective departments and fill out the application form there. The applicant must carry all the required documents before going to the respective department to get the insurance benefits. After correctly filling out all the details on the application form the applicants must submit their form to the concerned authority. After submitting the application form the applicant must pay regular insurance premiums to avail of the benefits of the Novel Insurance Scheme.

Contact Details

• Email- lifeprotect@gargashinsurance.com
• Phone Number- 0527172944/0526167787

FAQs