The Government of Nagaland has announced the launch of the Chief Minister’s Universal Life Insurance Scheme (CMULIS) for the fiscal year 2024-25. This initiative aims to provide life insurance coverage to the breadwinners of families in the event of their untimely demise. Additionally, the scheme offers accidental insurance coverage for the breadwinner and up to three other family members. Operational guidelines shall be issued from time to time for effective implementation, it was informed.

The scheme provides life insurance coverage of Rs 2 lakh in the event of the insured breadwinner’s demise due to any cause.

An additional accidental insurance coverage of Rs 2 lakh each is extended to the breadwinner and three family members, covering disability and death.

The coverage, premium and age criteria shall be the same as that of PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) for life insurance coverage (age limit of 18-50) and PMJSY for accidental insurance coverage (age limit 18-70).

Eligibility extends to the major breadwinners of all households/families in Nagaland who are indigenous inhabitants and/or permanent residents.

Government employees stationed outside the state, including those in establishments such as state houses and emporiums, are also covered.

Accredited journalists working in Nagaland are included in the scheme.

Government employees, including work charge and casual employees, are eligible. However, those already covered under Accidental Insurance Coverage through Corporate Salary Package provisions will not be included for accidental insurance.

Premium and sum insured:

The premium for insurance coverage is fully borne by the Government of Nagaland.

Premium amounts are in line with the rates prescribed for PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) and PMSBY (Pradhan Mantri Suraksha Bima Yojana), subject to modifications notified by the Government of India.

In case of demise of the breadwinner due to any reason, the sum insured is Rs 2 Lakh.

In case of accidental death or total disability, the sum insured is Rs 2 lakh per beneficiary, in line with guidelines of PMSBY.

In case of partial disability, the sum insured is Rs 1 lakh, in line with guidelines of Pradhan Mantri Suraksha Bima Yojana (PMSBY).

Mokokchung Times

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