India - Household Consumer Expenditure, July 1993 - June 1994, NSS 50th Round

In this block information will be collected on insurance policies made by the household at any time in the past and premium paid on their account during the last 365 days preceding the date of survey. It is clarified that only schemes which are primarily meant for insurance will be covered. Hence schemes like LIP, peerless etc. which are primarily saving schemes will not be covered in this block. Again, the 'insurance cover' during jour­ney by Air or Rail provided by the Govt. in which no premium is required to be paid separately, will not be accounted for in this block.

Descrip­tions of different types of insurance and their corresponding codes are printed in columns (1) and (2) respectively. "Househol­der's comprehensive insurance scheme" covers a number of risks for which insurance policies can, alternatively, be made separately. Bearing this in mind, entries should be made against the proper "type of insurance". Thus if burglary insurance (say) is made as part of comprehensive insurance policy, no entry should be made against burglary (only) insurance.