Life insurance is essential for financial security. It provides financial security to the family in case of untimely death of the insured. Among many types of life insurance policies, the policy with risk to life is known as term insurance, and is the cheapest, as it costs less premium and covers only death, savings or investments. not to.
The government had launched Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), a life insurance scheme, as a social welfare scheme on 9 May 2015. Under this, a lump sum amount of two lakh rupees is covered. Its annual premium is Rs 330. Let us know about this plan.
