Keeping in mind the social security of poor families, the government had brought this scheme. Its big feature is that in this premium has to be paid only once in a year and that too 1 rupee.
Pradhan Mantri Suraksha Bima Yojana: Insurance is an essential thing for every person today. It is not only an investment, but Social Security is guaranteed. In upper and middle class families, people often get insurance, but it is very difficult for poor families to pay the premium of insurance. Also Read: EPFO members can file e nomination online know why it is very important for you
But what if you are told that you have to pay only Re 1 every month as premium? Even the members of the poorest of the poor families can do so much. Pradhan Mantri Suraksha Bima Yojana (PMSBY) is one such scheme. Also Read: Paytm Visa Debit Card: How to get PayTm Visa Debit Card know here all details and features of Paytm Visa Debit Card
Actually, keeping in mind the social security of poor families, the government had brought this scheme. Under the Pradhan Mantri Suraksha Bima Yojana (PMSBY), accident cover is available up to Rs 2 lakh at a nominal premium of Rs 12 per annum. Its big feature is that in this premium has to be paid only once in a year and that too 1 rupee. For this you do not even need to make any separate efforts. It is automatically deducted from your bank account. Also Read: Govt give information about present status of electronic vehicles (e-vehicles) in India
How to register?… It is very easy to register in this scheme of the government. For this you can apply by visiting any of your nearest bank. Not only this, if you want, you can also take the help of a bank friend or you can also contact the insurance agent. Government and private insurance companies provide this service in collaboration with banks. Also Read: ICICI Prudential Mutual Fund launches Booster STP ,you can get 25% more returns on mutual funds, know detail
Cover up to Rs 2 lakh in expenses of Re 1 per month….. The annual premium of PMSBY is only Rs 12 i.e. only Re 1 per month. Every year before May 31, the premium amount will be auto-deducted from your bank account and you will get cover for the period from June 1 to May 31. Under this scheme, if the insured person dies in an accident or becomes completely disabled, then he gets an accident insurance of Rs 2 lakh. On the other hand, in case of permanent partial disability, a cover of Rs 1 lakh is available. Also Read: Ujjwala 2.0: Pradhan mantri ujjwala yojana form online apply 2021 | PMUY Second phase starts pm ujjwala yojana list 2021 know here
Who can take advantage of the scheme?… The cover will terminate on crossing the age of 70 years. To take advantage of this scheme, it is necessary to have an account in the bank. Also, it is necessary to have balance in the account on 31st May i.e. during premium deduction. The policy will get canceled if the bank account is closed.
