AGIF EXTENDED INSURANCE (EI) SCHEME FOR VETERANS
- EI Scheme was introduced wef 01 Jan 81 as an extension of Insurance cover post retirement.
- Covers specific period and is applicable as per the cover defined at the time of retirement (Please Note: Earlier retirees not entitled to cover provided by the later modifications to the scheme).
- Onetime non-refundable premium deducted at the time of retirement.
- Being a term insurance, no survival benefits nor any saving component.
- EI Certificate is issued by AGIF to each individual on retirement.
- On demise of ESM, NOK required to inform AGIF along with death certificate and the EI Certificate.
- On re-employment, EI scheme is suspended as cover provided by existing insurance scheme
- The EI Table below is for general awareness; specific terms and conditions are given in the EI Certificate. EI SCHEME TABLE (Note: Term Period of Cover is for No of yrs after retirement or age, whichever is earlier & Amt in Lacs):-
- Documents Required for Claiming EI. ▪ Death certificate issued by Registrar of Birth and Death (Death certificate issued by Military Hospital isaccepted) ▪ Cancelled cheque/cheques with name of beneficiaries (alternatively copy of first page of pass book with names, if cheque does not have name imprinted) ▪ AADHAR Card of beneficiaries (as proof of identity). ▪ EI Certificate, if available.
- In case beneficiary is other than Nominee / Contingent Nominee
- Claim Affidavit as given website :- https://indianarmy.nic.in/Site/FormTemplete/frmTempSimple.aspx?MnId=iegLcCJTM0g8DBSbZxKdgw1eWKghu/FxucWRmyWQIxs=&ParentID=pnxe/af8jupzKsTPN8ObGQ==&flag=8CKP966uzg96kLov0aWdfQ
- Indemnity Bond with surety as given on website.https://indianarmy.nic.in/writereaddata/documents/Indemnity_Bond_with.pdf
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