Tuesday , July 23 2024

Who gets the benefit of Pradhan Mantri Suraksha Bima Yojana, know how much premium will have to be paid!

The central government runs many schemes for the welfare of its citizens, which include everyone from children to the elderly. Some of these initiatives are specifically designed to deliver economic benefits in 2022. One such scheme, which is currently running, is the Pradhan Mantri Accident Insurance Scheme, also known as the Pradhan Mantri Suraksha Bima Yojana. This insurance program offers coverage to individuals at incredibly low premiums, making it accessible to a large population. Many people are applying to take advantage of this scheme.

Overview of Pradhan Mantri Suraksha Bima Yojana:

Pradhan Mantri Suraksha Bima Yojana is an accident insurance scheme launched in 2015. Generally, the premium for accident insurance is high. However, the scheme allows individuals to deposit only ₹12 annually. In case of death due to any accident, the nominated person gets financial assistance up to ₹ 2 lakh. Additionally, a sum of ₹100,000 is provided for serious injuries or disabilities. The coverage period is one year, and annual renewal is required before June 1. The premium amount is deducted directly from the account.

Eligibility for benefits:

This insurance scheme is specially designed to benefit individuals from economically weaker and marginalized sections of the society. Its objective is to provide affordable insurance coverage to those in need. To qualify for this scheme, the applicant must be an Indian citizen belonging to an economically weaker or marginalized section. The age of the applicant should be between 18 to 70 years. Additionally, having an active bank account with auto-debit facility is a prerequisite. Interested persons can apply by visiting the nearest bank and filling the required form. Alternatively, applications can also be submitted online through the official website https://www.jansuraksha.gov.in/.

Pradhan Mantri Suraksha Bima Yojana is an important step towards ensuring financial security for all citizens, especially those who do not have access to expensive insurance options.