Under Pradhan Mantri Jeevan Jyoti Bima Yojana, you get the benefit of life insurance of Rs 2 lakh. For this, you can get life insurance for just Rs 342 per annum i.e. less than Rs 30 per month.
It is often seen that people from low income group do not show interest in taking insurance plans. To rectify this situation, the central government has come up with many such insurance schemes, in which the premium amount is very low and any income group person can easily buy these insurance policies. One of these government policies is Pradhan Mantri Jeevan Jyoti Bima Yojana. Under this, you get the benefit of life insurance of Rs 2 lakh and for this you pay a premium of only Rs 330 annually i.e. less than Rs 30 per month. Let us know about the Pradhan Mantri Jeevan Jyoti Bima Yojana.
Term insurance of Rs 2 lakh
Term insurance facility is provided under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). If the person dies due to any disease or accident after registration under this scheme, then his family is given Rs 2 lakh. This insurance scheme was started in the year 2015. It is mandatory for you to have an account in any bank to take advantage of this scheme. Under this, every year Rs 330 will be automatically deducted from your bank account. Any person from 18 years to 50 years can get himself insured under this.
Apply like this
You can download the form for this scheme by visiting https://jansuraksha.gov.in/ website and fill it and submit it to the concerned bank or insurance institution. In case of having more than one savings account, the benefit of the insurance plan can be availed through only one account.
