Army ESM may Get Refund Lakhs of Rupees from AGIF Insurance Scheme: Detailed Process

Indian Army Veterans are covered by Army Group Insurance (Extended). This scheme (AGIF) has changed its terms and conditions from time to time. In this article we will discuss mainly the covered terms and conditions regarding refund of premium amount or not. Some veterans will get refund and some will not. The table describing the periods under which the refund will be allowd or not is given here. Salient fetures of the AGIF is mentioned below :-

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):-

Table of Refund of AGIF

Ser No	Period of Retirement	Sum Assured		Term of Cover(Whichever is earlier)		Refundable


		Offrs	JCOs/ OR	Yrs Post Retirement	Age in Yrs

1.	01 Jan 81- 31 Mar 89	65,000	30,000	10	65	No
2.	01 Apr 89 – 31 Mar 94	1 L	0.5 L	10	65	No
3.	01 Apr 94 – 30 Jun 99	2 L	1 L	20	70	No
4.	01 Jul 99 – 30 Dec 04	3 L	1.5 L	20	72	No
5.	31 Dec 04 – 29 Jun 09	4L	2L	26	75	No
6.	30 Jun 09- 30 Jul 10	6L	3L	26	75	No
7.	31 Jul 10 – 30 Dec 13	6L	3L	26	75	Yes
8.	31 Dec 13 – 31 Dec14	10L	5L	26	75	Yes
9.	01 Jan 15 – 31 Mar 17	10L	5L	30	80	Yes
10.	01 Apr 17 – 31 Dec 21	10L	5L	30	80	No
11.	01 Jan 22 – 31 May22	10L	5L	26 – Offrs 30 – JCOs/ OR	80 – Offrs 75 – JCOs/ OR	No
12.	01 Jun 22 Onwards	15L	7.5L	26 – Offrs 30 – JCOs/ OR	80 – Offrs 75 – JCOs/ OR	Yes

Army Veterans Get Refund Lakhs of Rupees from AGIF Extended Insurance Scheme

Veterans may Get Refund lakhs of Rupees from AGIF Extended Insurance Scheme

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=ieg LcCJTM0g8DBSbZxKdgw1eWKghu/FxucWRmyWQIxs=&ParentID=pnxe/af8jupzKs TPN8ObGQ==&flag=8CKP966uzg96kLov0aWdfQ
Indemnity Bond with surety as given on website. https://indianarmy.nic.in/writereaddata/documents/Indemnity_Bond_with.pdf