PM Suraksha Bima Yojana: The Central Government has a scheme – Pradhan Mantri Suraksha Bima Yojana, under which you get an insurance cover of up to Rs 2 lakh. Let us know more details about it.
PM Suraksha Bima Yojana: Insurance plans should be a major part of your financial security. There are many companies in the country that offer different types of insurance policies. The central government also runs an insurance scheme for the financial security of your family, in which you can arrange help for your family for just 20 rupees. If something happens to you in an accident, in such a situation your family will have financial support. The Central Government has a scheme- Pradhan Mantri Suraksha Bima Yojana, under which you get an insurance cover of up to Rs 2 lakh. Let us know more details about it.
How much and when to get insurance (PMSBY Scheme Benefits)
Under PMSBY, the policyholder gets an insurance cover of up to Rs 2 lakh. This amount is received by the family of the policyholder. There is a provision in this that if the policyholder dies in an accident or becomes completely disabled, then his family is given an insurance amount of Rs 2 lakh. On the other hand, if the policyholder becomes partially disabled in an accident, then he gets insurance of up to Rs 1 lakh.
What are the conditions and method of paying premium (PMSBY Eligibility and Premium)
Anyone in the age group of 18 to 70 years can apply for this scheme. Under this scheme, the premium has to be paid only once. This is premium auto debit. That is, if you buy a policy, once a year, on May 31, Rs 20 is automatically deducted from your account. This policy remains valid from June 1 to May 31. The premium is deducted on 31st May and then the policy is automatically renewed for the next one year. Earlier this premium was Rs 12, but in June 2022 it has been increased to Rs 20.
How to apply (How to Apply for PMSBY)
There are many government and private insurance companies that offer insurance plans under this government scheme. You can go there and register for it. It is also applied for by contacting the insurance agent and insurance friend.
How can the nominee claim the policy cover?
In case of death of the policyholder, his nominee can claim the sum assured by going to the insurance company/bank. For this, he will have to submit the death certificate of the policyholder, postmortem report, Aadhaar card, Aadhaar card of the nominee. In case of disability of the policyholder, he will have to submit the hospital papers and Aadhaar card. Yes, the nominee has to claim this amount within 30 days of the accident.
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