Pravasandhra Bharosa Bima (PBB) Insurance Scheme: Features, Benefits, Apply Online

Pravasandhra Bharosa Bima
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The Andhra Pradesh government have recently launched the Pravasandhra Bharosa Bima (PBB) insurance scheme for students and individuals studying and working abroad respectively. The scheme will provide coverage up to INR 10 lakhs in case of an unfortunate event. Overseas students who belong to Andhra Pradesh can enrol in the scheme for free up to January 15, 2024. The state government issued the details of the insurance scheme in their statement. 

What is the PBB Scheme?

PBB or the Pravasandhra Bharosa Bima scheme has been launched by the Andhra Pradesh Non-Resident Telugu Society (APNRTS) under the state government. Under the scheme, all the students who are residents of the state of Andhra Pradesh can avail the scheme and a cover of up to INR 10 lakh will be provided if the insured suffers unforeseen incidents like death or permanent disability. The scheme is available for students who are studying and working abroad. All such students who are eligible for the scheme are supposed to enrol in the scheme as soon as possible. 

In case of a delay, the premium may increase and the benefits may decrease. Currently, the premium for the scheme is INR 550 for three years for working individuals and INR 150 for one year for students, which will be required to be paid post-January 15, 2024. 

Also Read: Applying for an education loan refinancing? Understanding Credit Score and Its Impact on Education Loan Refinancing

Purpose of the PBB Scheme 

The president of Andhra Pradesh Non-Resident Telugu Society (APNRTS), Shri Venkat S Medapati, stated that the family members of the students shall invest in the overseas education of their children so that they can have a bright future. He also said that the scheme has been launched to encourage the students to study abroad and if they fall victim to any unfortunate event, then the family will get financial assistance easily. 

Benefits of the PBB Scheme

The benefits of the PBB Scheme vary between the students and the employees. Let’s check the details of the major benefits below:

Benefits of the PBB Scheme for Employees

  • Any individual working abroad will get financial assistance of up to INR 10 lakhs in case of accidental death or permanent disability.
  • Medical expenses for injuries or sickness will be provided to the individuals working abroad of INR 1 lakh.
  • In case of discontinuation of work due to medical issues or accidents, the insured can claim a one-way economy class air ticket along with one attendant.
  • Maternity benefits of amount up to INR 35,000/- will be provided for Normal delivery and up to INR 50,000/- for caesarean delivery.
  • An amount of INR 50,000 will be provided for medical expenses every year to the nominated family member if hospitalised in case of the death of the insured.
  • In case of any employment litigation, an amount of INR 45000 will be provided to the individual.

Benefits of PBB Scheme for Students

  • Any student studying abroad will get financial assistance of up to INR 10 lakhs in case of accidental death or permanent disability.
  • In case of discontinuation of studies due to medical issues or accidents, the student can claim a one-way economy class air ticket along with one attendant.
  • Medical expenses of INR 1 lakh for injuries or sickness will be provided to the students studying abroad 

Also Read: International students must possess a basic financial prowess. Read our article on the Importance of Financial Literacy to know more

How to Apply for the PBB Scheme

The application process for the PBB Scheme is completely online. You can purchase the insurance policy by submitting the online application form. The insurance enrollment form is available on the official website of APNRTS. Check the steps to enrol below:

  • Visit the official website of APNRTS i.e. apnrts.gov.in
  • Go to the ‘services’ tab and click on ‘insurance’ from the dropdown
  • Click on enrollment and registration
  • Fill out the enrollment form properly
  • Upload the documents
  • Submit the application form and pay the policy amount (if applicable)

Eligibility Criteria for the PBB Scheme

Pravasandhra Bharosa Bima (PBB) insurance scheme is an accidental insurance scheme. It has some specific eligibility criteria which you need to fulfil. Check the details of the major eligibility criteria below:

  • The minimum age of the policyholder shall be 18 years and the maximum 60 years
  • You must be a permanent resident of Andhra Pradesh. 
  • You must be working or studying in a foreign country
  • You should have a valid passport and foreign residence proof like Visa, Civil ID or offer letter. 
  • In the case of bulk insurance for financially backward expatriates, it will be accepted through donor or APNRTS coordinators. 

Documents Required for PBB Scheme

All the individuals who want to purchase the insurance policy have to submit the listed documents. Make sure that the documents are clearly visible and not blurred. Check the list below:

  • Front page of the passport
  • The back page of the passport
  • Foreign residence proof like a Visa, Civil ID or an offer letter from the University or employer, whichever is applicable.

Pravasandhra Bharosa Bima Contact Details 

In case you are facing any issues regarding the insurance policy you can contact the APNRTS helpline. You can call them anytime as their numbers will be active 24×7. Check more details below:

  • You can contact them by calling 8632340678
  • You can send WhatsApp messages to 8500027678
  • If you want to send a mail, you can send it to [email protected]

FAQs on Pravasandhra Bharosa Bima (PBB) Insurance Scheme

What is the PBB Scheme?

Pravasandhra Bharosa Bima (PBB) scheme has been launched by the Andhra Pradesh Non-Resident Telugu Society (APNRTS) under the state government. As per the policy, students and working individuals abroad who belong to Andhra Pradesh will get a cover of up to INR 10 lakh in case of unforeseen incidents like death or permanent disability.

Who is eligible for the PBB Scheme?

Any student or employee studying or working abroad who is above 18 years of age can enrol on the PBB scheme.

How to purchase a PBB policy?

You can enrol in the scheme by filling out the online application form available on the official website of APNRTS.

Is the Pravasandhra Bharosa Bima policy free of cost?

The PBB scheme is free of cost for the students if they enrol on or before January 15, 2024. After this date, the policy will be chargeable.

What are the documents required for the Pravasandhra Bharosa Bima Scheme?

You need to upload front and back copies of your passport and any type of proof of foreign residency like a visa, civil ID, university offer letter or job offer letter. 

How to contact APNRTS for an insurance claim?

Insurance claims can be made online on the official website of APNRTS. However, if you want to contact the organisation you can call 8632340678 or send WhatsApp messages to 8500027678.

PBB schemes have been launched for the benefit of students and working individuals who are in a foreign country. The scheme also allows mass policy purchases for economically weak workers. Check the detailed information on the official website and submit the enrollment form. 

To know more about the study insurance process, loan application process, the best international bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience. ;

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About Shekhar Suman

Shekhar is a versatile writer with a passion for sharing knowledge and creativity. With expertise in crafting informative blogs on study abroad and finance, Shekhar helps readers navigate the complexities of education and financial planning. Most of his writings blend the practicality of finance and the beauty of language, making a meaningful impact in both spheres. Beyond his professional pursuits, he finds solace in the writing Shayari.

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