What premium is to be paid by the worker for the PBBY?

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The insurance company charges fair and reasonable premium (about Rs. 275 and Rs. 375 for policy periods of 2 and 3 years respectively). Taxes are charged as applicable. The Government has also stipulated that an emigrant can select a company of his/her choice for the insurance cover. In an effort to further safeguard the interests… Read more »

What are the medical benefits that are offered by the PBBY?

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PBBY stands for Pravasi Bharatiya Bima Yojana. PBBY offers the following medical benefits to the insured person and his/her dependants – The insured person is reimbursed actual one-way economy class airfare by the insurance company, if he falls sick or is declared medically unfit to commence or continue working and the service contract is terminated by the… Read more »

What is Pravasi Bharatiya Bima Yojana?

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Pravasi Bharatiya Bima Yojana : In an effort to further safeguard the interests of emigrant workers from India, the Government of India has introduced the Pravasi Bharatiya Bima Yojana (PBBY), an insurance scheme compulsory for all workers going abroad on ECR passports (except to countries for which emigration check is not required) for employment. It… Read more »