Home Legal News Delhi Govt Approves Over Rs. 40 Crore To Provide Insurance To Advocates

Delhi Govt Approves Over Rs. 40 Crore To Provide Insurance To Advocates

by Shreya
advocate financial scheme/ Insurance to advocates
The Delhi Government has approved a budget of more than Rs. 40 crore to provide life insurance to Advocates and medical insurance to resident-Advocates, announced Delhi’s Law Minister on Friday.

Insurance to advocates will be provided under the Chief Minister Advocate Welfare Scheme, announced by Delhi Chief Minister Arvind Kejriwal last year. The policy was recently approved by the Delhi High Court.

Under the scheme, 29077 eligible Advocates will be provided:

Group (Term) Insurance for practising advocates providing life cover of Rs. 10,00,000/- (Rupees Ten Lakhs) per advocate.

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Also Read: Karnataka HC Issues Notice On Advocates’ PIL Challenging State Bar Council’s Unfair Conditions In Financial Aid Scheme

Group Medi-claim coverage for the advocates, their spouse and two dependent children unto the age of 25 years, for a family floater sum insured of Rs. 5,00,000/- (Rupees Five Lakhs).

As per the approved policy,  top private insurance companies such as New India Insurance, and Oriental Insurance, will provide medical coverage to the advocates. The premium of these policies will be paid by the Delhi Government. The Life Insurance Corporation of India will be providing life insurance to the beneficiary advocates as per the rates approved by the court.

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