Telangana govt to finalise norms for universal life cover scheme

 A sub-committee of the Telangana State Cabinet will meet on Wednesday to discuss the modalities of a universal life insurance scheme for every household in the State.

As announced previously, the State Government will launch its flagship  ‘Indiramma Kutumba Jeevitha Bima Padhakam (IKJBP)’, a universal life insurance scheme to provide life cover of ₹5 lakh to every household in the state. 

To take the initiative forward, a Cabinet Sub-Committee will meet on Wednesday evening under the chairmanship of Bhatti Vikramarka Mallu, Deputy Chief Minister and Minister for Finance& Planning, Energy,. and Sri N. Uttam Kumar Reddy, Hon’ble Minister for I&CAD, Food & Civil Supplies. 

The modalities for implementation of the scheme will be finalised in the meeting, which would also be attended by senior officials and all other stakeholders.  

Published on May 18, 2026