PMJJBY insurance
PM Jeevan Jyoti Bima Yojana: To provide economic and social security to the common man, the government comes up with several schemes. Today we are giving you information about a scheme in which you can get an insurance cover of up to 2 lakh rupees by investing just 436 rupees. The name of this scheme is Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY insurance). This scheme was launched by the central government in the year 2015. There was a time when only middle class or high income group people could buy insurance plan, but through Jeevan Jyoti Bima Yojana, the government has extended the insurance facility to every class. If you also want to benefit from this scheme then we are telling you about the details of the scheme-
Some important things of PMJJBY insurance
If a Pradhan Mantri Jeevan Jyoti Bima Yojana policyholder dies due to accident, illness etc., the nominee of the policyholder gets an insurance claim of up to Rs 2 lakh. It may be noted that PMJJBY insurance is a term insurance plan which can be availed only after the death of the policy holder. On the other hand, if the policyholder is disabled in an accident, he can claim Rs 1 lakh. If the policy holder is alive then his family will not get the benefit of this amount. In this scheme you can buy between 18 to 50 years.
How much premium has to be paid?
You have to contribute only Rs 436 per year for the application of PMJJBY insurance. Before the year 2022, only 330 rupees had to be paid for this, which was later increased to 426 rupees. The premium of this insurance is valid from June 1 to May 30. In this policy premium is deducted through auto debit system. In such a case, on June 1, the money is automatically deducted and credited from your savings account.
These documents are required to purchase the policy
- aadhar card
- PAN card
- Two passport size photographs
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