Beneficiary Schemes

A beneficiary scheme is a program or plan that provides benefits—such as financial assistance, insurance, or services—to individuals or groups designated as beneficiaries. These beneficiaries are typically identified in advance, such as family members of a policyholder or participants in a specific program. The scheme ensures that, upon certain events like retirement, illness, or death, the beneficiaries receive the expected support or assets. Essentially, it’s a structured way to allocate resources or benefits to specific people, offering financial security or support when needed.