Andhra Pradesh Government Extends Free Insurance Scheme to Overseas Students
The government of Andhra Pradesh has made it possible for overseas students from the state to enrol in the Pravasandhra Bharosa Bima (PBB) insurance scheme for free until January 15, 2024. According to an official statement, this initiative, administered by the Andhra Pradesh Non-Resident Telugu Society (APNRTS), an entity operating under chief minister YS Jagan Mohan Reddy, aims to cater to the welfare of non-resident Telugu citizens (NRTs) residing in various countries.
The Pravasandhra Bharosa Bima (PBB) Insurance Scheme, which is specifically designed for NRTs who are studying or working in other countries, is an important service provided by APNRTS. Given the current opportunity, students are encouraged to take advantage of it and enrol in the scheme as soon as possible, given the possibility of an increase in PBB premiums and associated benefits, according to the statement.
Venkat S Medapti, president of APNRTS, emphasised the financial commitment families make for their children's international education, emphasising the importance of the PBB insurance scheme. He emphasised that in the unfortunate event that a student faces unforeseen circumstances while abroad, the scheme provides up to Rs 10 lakh in life insurance coverage.