Nagaland Universal Life Insurance Scheme 2024 : Benefits & Registration Process

The Nagaland state government launched the Nagaland Universal Life Insurance Scheme 2024 in the 2024-2025 budget to offer financial support to state residents who are in need of it and whose primary earner has passed away. Under this scheme, the state’s eligible inhabitants would receive cash support of Rs 2 lakh in addition to Rs 2 lakh in universal insurance coverage for the family’s earner and three more family members. In this article you get every necessary information regarding this scheme including its objective, eligibility criteria, benefits, necessary documents and registration procedure.

Nagaland Universal Life Insurance Scheme

The Nagaland state government launched the Nagaland Universal Life Insurance Scheme 2024 in the budget that was made public on 27 February 2024. Under this scheme, the state’s citizens will receive Universal Life Insurance up to Rs. 02 lakh for the head of the family and other family members. Additionally, members of families whose head of the family has passed away unexpectedly and for which there is no one to earn money will also receive financial assistance totaling Rs. 02 lakh.

With the implementation of the scheme, all families within the state will get Universal Life Insurance coverage, enabling the people to live free and pursue their own interests. State residents who qualify for this program must submit an online application for the Nagaland Universal Life Insurance Scheme 2024 in order to begin receiving benefits, which will begin as soon as the official website for the program is launched.

Overview of Nagaland Universal Life Insurance Scheme

Name of the Scheme	Nagaland Universal Life Insurance Scheme
Launched by	State Government of Nagaland
Beneficiary	Citizens
Objective	To Provide Financial Help
Amount	2 Lakh Rupees
Official Website	______

Objective of Nagaland Universal Life Insurance Scheme

The main objective of the scheme is to give money to residents who are weak because of the state’s economic situation, whose family head passed away unexpectedly and who are having financial difficulties. In order to enable those individuals to easily fulfill their daily needs and become self-reliant, the government would give the family members cash support of Rs.2 lakh as well as Universal Life Insurance.

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Benefits of Nagaland Universal Life Insurance Scheme

Some of the benefits of this scheme is given below:

• The state government of Nagaland would provide financial support of Rs. 2 lakh to the candidates who are selected under the Nagaland Universal Life Insurance.
• The applicants may pay their daily costs without worrying about money problems with the aid of financial support.
• With the help of this program, families whose breadwinners pass away unexpectedly will get financial support.
• Every household in the state will also receive three more members of accidental insurance coverage under this plan.
• The chosen applicant’s bank account will receive the financial aid transfer.

Eligibility Criteria

Some of the eligibility criteria of this scheme is given below:

• The applicant needs to live in the state of Nagaland permanently.
• The applicant’s family’s primary providers had to have passed away.

Required Documents

Some of the required document of this scheme is given below:

• Passport Size Photograph
• Aadhaar Card
• Birth Certificate
• Address Proof
• Email ID
• Mobile Number

Implementation Process

• The state of Nagaland alone would be the exclusive implementation site for the Nagaland Universal Life Insurance 2024.
• The program will be put into place to give financial support to Nagaland state families that are struggling financially.
• The state government of Nagaland has allocated Rs.180 crore to the execution of this project.
• The state government of Nagaland would provide Rs. 2 lakh in funding to the execution of this scheme.

Apply Online Procedure of Nagaland Universal Life Insurance Scheme

• First you have to visit the Official Website of the Universal Life Insurance Scheme.
• The homepage will appear on your screen.
• Click on the Apply here option.
• A new page will appear on your screen.
• Enter all the necessary details in the form.
• You have to upload all the necessary documents.
• Click on the submit button.

FAQ’s