We are talking about Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), in both the schemes, the benefit of Rs 2 lakh is available. The total premium for both the plans is Rs 342 (330+12). Let us know what are the benefits of these schemes.
Out of the Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, the Pradhan Mantri Jeevan Jyoti Bima Yojana is a life insurance, in which a cover of Rs 2 lakh is available. At the same time, Pradhan Mantri Suraksha Bima Yojana is an accident insurance scheme, in which the insured also gets the benefit of a cover of Rs 2 lakh. To take advantage of these schemes, it is necessary to have a bank account.
Pradhan Mantri Suraksha Bima Yojana
The annual premium of Pradhan Mantri Suraksha Bima Yojana is just Rs 12. Indian citizens in the age group of 18 to 70 years can take advantage of this scheme. Under this scheme, the insured gets accident insurance of Rs 2 lakh in case of accidental death or total disability. In case of permanent partial disability, a cover of Rs 1 lakh is available. So you too can take advantage of this scheme.
Pradhan Mantri Jeevan Jyoti Bima Yojana
The annual premium of Pradhan Mantri Jeevan Jyoti Bima Yojana is only Rs 330. Citizens in the age group of 18 to 50 years can take advantage of this scheme. In this insurance plan, the policyholder gives life cover till the age of 55 years. In case of death of the insured due to any reason, the nominee gets an amount of Rs 2 lakh. The annual premium of PMJJBY is only Rs 330. If someone joins PMJJBY in the middle of the year.
If you also want to register in PMJJBY and PMSBY schemes, then you can join this insurance scheme by going to the nearest bank in which you have an account. We request you to contact your nearest bank for all the information related to the scheme.
