₹5 Lakh Free Life Cover: Are You Eligible?

Telangana is launching a free life insurance scheme called Indiramma Bheema on June 2, covering 1.15 crore families with ₹5 lakh each. If you live in Telangana, here is what you need to know and do right now.

Here's what happened: Telangana government is launching Indiramma Bheema on June 2, offering ₹5 lakh life insurance cover to approximately 1.15 crore eligible families at zero cost to beneficiaries.. The scheme targets economically vulnerable households — primarily families without existing life insurance — as part of a broader welfare push by the state government.. Indiramma Bheema is one of several schemes being rolled out together, alongside housing, women welfare, and farmer support programmes under the Indiramma initiative..

What you should do: Check eligibility now: visit your nearest MeeSeva centre or the Telangana government portal to confirm if your family is listed among the 1.15 crore beneficiaries.. Gather documents: keep your Aadhaar card, ration card, and family income proof ready — government insurance enrolment typically requires these for beneficiary verification.. Do NOT buy a private policy before confirming your free cover — if you qualify, use the ₹400–₹600/month you would have spent to start a ₹500 SIP instead..

Even if you get this free cover, ₹5 lakh is only 1–2 years of a median household's income. Use it as a base and top up with a low-cost term plan if you have dependents.