The scheme provides death and disability insurance cover to marginal sections in case the head of the family or one earning member of the household becomes disabled due to an accident or dies due to a natural/accidental cause. As per the revised guidelines of LIC of India received in the year 2013-14, 44 new vocational/occupational groups have been included under AABY in order to ensure proper implementation of the scheme in all the districts of Kashmir Division. Prior to this, the scheme was confined to Rural Landless Households only in the age group of 18 to 59 years by dint of which the coverage/ response was not upto the mark and the desired targets were not achieved. Now with the modified guidelines, it is expected that more and more eligible beneficiaries will be covered and brought under the purview of the scheme. Moreover, the urban poor persons living below poverty line are also included in the scheme.

Accordingly, a fresh survey was conducted in all the Districts of Kashmir Division including the Districts of Leh and Kargil. The district-wise number of eligible beneficiaries to be covered were taken up with the Administrative Department.

Application form can be obtained from the District Social Welfare Office (DSWO) or Tehsil Social Welfare (TSWO) and shall be deposited with these agencies along with required documents.
1. Identification of eligible groups: The Social Welfare Department shall identify the beneficiaries to be covered under this scheme, in consultation with the Panchayati Raj institutions where feasible.
2. Registration of insured members: The Life Insurance Company (LIC) will maintain a register of names of beneficiaries covered under this scheme.
3. Verification of age: The LIC can verify the age of the beneficiaries of this scheme through:
a. Ration card
b. Extract from the Birth Register
c. Extract from School Certificate
d. Voter’s List, or
e. Identity Card
In case of doubt, a certificate from a Primary Health Centre can be accepted as authentic proof of age
 

a. Accidental death: Rs. 75,000/-

b. Permanent disability due to an accident: Rs. 75,000/-

c. Loss of 2 eyes, or 2 limbs : Rs.75000

d. Loss of one eye and one limb in an accident: Rs. 37,500/-