Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) can be availed by investing less money
After the havoc of Corona, awareness about insurance has increased in everyone. Efforts have already been made by the government to make insurance schemes available to every section of the society easily. Today we are going to tell you about one such special scheme, in which you can get an insurance cover of up to four lakhs.
To take advantage of this scheme, you have to invest in two schemes of the government. Under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, you can take advantage of these schemes by investing in these schemes. For this, you have to deposit only Rs 342 for the year.
Under the Pradhan Mantri Suraksha Bima Yojana, the insured gets a compensation of up to Rs 2 lakh in case of death due to accident or total disability. Under this scheme, if the insured person becomes partially or permanently disabled, he gets a cover of Rs 1 lakh. In this, any person between 18 to 70 years can take cover. The annual premium of this plan is only Rs.12. Apart from this, on the death of the life assured under the Pradhan Mantri Bima Yojana, the nominee gets Rs.2 lakh. Any person between 18 to 50 years can take advantage of this scheme. For this plan, you will have to pay an annual premium of only Rs 330. Both these are term insurance policies. This insurance is for one year.
This insurance cover is valid from 1st June to 31st May. For this you need to have a bank account. Insurance can also be canceled due to closure of bank account or insufficient balance in the account at the time of premium deduction. Therefore, before taking insurance, pay attention to the complete information.