Covid-19 Pandemic Teaches people the Importance of insurance. In Today’s Era Insurance is so much important that Modi Government launches 2 Insurance Scheme for all the People of India. The Premium of These Schemes is so Much Low that Every Bank Account Holder can get Insured. These Two Schemes are Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). If You Enroll Yourself in these Two Schemes then Your Insurance Cover will be 4 Lakh Rupees. The premium of These Two Schemes is Just only Rs 342.
SBI Tweeted About These Two Schemes.
India’s largest Public Sector Bank SBI has tweeted About these two schemes on its Twitter Handle. In Tweet, SBI says that “Get the Insurance that suits your need ab=nd Live Life Worry-free. SBI Told that Premium Of These Two Insurance Schemes will be Auto Debited Fro your Account. The Amount will be deducted from One Savings Bank Account. Means If You have Several account in Differenbt Banks then Also Premium will be Deducting from Your one Bank Account Only.
What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Under Pradhan Mantri Suraksha Bima Yojana, If Insurer Dies or becomes Fully handicapped during Accident then Nominee will get 2 Lakh Rupees. If Insurer Gets Partial Handicapped During accident then he will get 1 Lakh Cover. Any Person Between 18-70 Age can enroll himself/herself in this Insuance Scheme. Premium of This Scheme is Rs 12 Only. This is a type of Term Insurnace But in This Scheme you will get Claim only if you met with an Accident
Pradhan Mnatri Jeevna Jyoti Bima Yojana
Under Pradhan Mantri Jeevan Jyoti Bima Yojana , if Policy Holder Dies Due to any Reason then Nominee will get 2 Lakh rupees. Any Indian Citizen Having age Between 18-50 Years can Enroll under this Scheme. Premium of This Scheme is Only Rs 330 Per Year. I
Every Year you have to renew these Schemes. But In Every case this is auto Renew. Covere Under These Schemes starts from 1 June and Ends on 31st May. If You Fail To Pay The Premium on 31st May or befor this then Your Policies can be cancelled and will not get the Benefit.