Pradhan Mantri Life Insurance Yojana
Pradhan mantri jeevan jyoti bima yojana.
Pradhan mantri life insurance yojana - As a government initiated insurance policy there are many pradhan mantri jeevan jyoti bima yojana benefits. According to this scheme if one pays a yearly premium of rs 12 then they are eligible for up to rs 2 lakh accidental insurance. As a pure term insurance plan pradhan mantri jeevan jyoti bima yojana is available for people between the age group of 18 50.
This product has been designed to meet the life insurance coverage requirements under the provisions of pradhan mantri jeevan jyoti bima yojana pmjjby scheme launched by government of india. Get life cover of rs 2 lakh at a nominal premium. Secure your family s future with sbi life pradhan mantri jeevan jyoti bima yojana.
Thus the premium payment comes down to re 1 per month. What are the features of pradhan mantri jeevan jyoti bima yojana life insurance. The pradhan mantri jeevan jyoti bima yojana is a low cost insurance policy designed to provide affordable life insurance coverage to all.
Simplicity easy enrollment and swift processing with no medical examination. Pradhan mantri suraksha bima yojana is an insurance scheme. This plan offers security to cover an eventuality.
Affordability through nominal premiums across all ages. This is a non linked non participating one year renewable term insurance product. The scheme is offered for a tenure of 1 year which can be renewed every year.
Pradhan mantri jeevan jyoti bima yojana. In recent budget 2015 16 finance minister has announced a new life insurance scheme pradhan mantri jeevan jyoti bima yojana for poor and low income group. The pradhan mantri jeevan jyoti bima yojana offers an annual life coverage of rs 2 lakh in case of the demise of the policyholder during the policy term.
Premium for this govt. Highlights of the pradhan mantri jeevan jyoti bima yojana pmjjby scheme 2 for life insurance are. It is a one year life insurance scheme renewable every year offering coverage for death due to any reason it is available to people between 18 years age as of last birthday to 50 years age nearest.