Home finance PMJJBY: Get the benefit of this government insurance scheme for only Rs...

PMJJBY: Get the benefit of this government insurance scheme for only Rs 436, know the complete details about it

0
Pradhan Mantri Jeevan Jyoti Bima Yojana! Government gives insurance up to Rs 2 lakh, know how to apply.

The name of this insurance scheme being run by the Central Government is Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The Pradhan Mantri Jeevan Bima Yojana (PMJJBY) scheme gives the benefit of insurance to the low income group.

Under this scheme, in case of death of the beneficiary in any way, an amount of Rs 2 lakh is given to his nominee or his family. If the account holder dies due to illness or disease, Rs 2 lakh will be given to his family or nominee. Let us know about every detail related to this scheme.

Many types of schemes are being run by the government. There is also an insurance plan in these plans. Life insurance is very important in today’s time. But despite this, many people belonging to low income group are not able to take advantage of insurance. The name of this insurance scheme being run by the Central Government is Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) . Let us know about every detail related to this scheme.

What is PMJJBY scheme

The Pradhan Mantri Jeevan Bima Yojana (PMJJBY) scheme gives the benefit of insurance to the low income group. Under this scheme, in case of death of the beneficiary in any way, an amount of Rs 2 lakh is given to his nominee or his family. The most important thing about this scheme is that it has to pay a very low premium amount.

How much is the premium amount

To avail the insurance cover in Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), you have to pay a premium of only Rs 436 in a year. However, to take advantage of this scheme, you must also have a bank account. Any Indian citizen of 18 to 50 years can take advantage of this scheme. Every year between May 25 and May 31, the premium amount is deducted through auto debit. This plan is only for one year. It has to be renewed every year. The cover period of the scheme is from 1st June to 31st May. Under this plan, the risk cover is given from 45 days after the enrollment is done.

Where can I get this insurance

Life Insurance Corporation of India and other private life insurance companies also insure under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) . Apart from this, you can also take advantage of this at the bank where you have an account. On the other hand, to claim this policy, the nominee or the family has to file a claim with the insurance company or bank where you have insurance. To get the insurance amount, along with the death certificate, some other documents will also have to be submitted.

LIC Policy : Invest Rs 833 monthly in this scheme of LIC, you will get a fund of 1 crore

Exit mobile version