Krishi VaartaFinancial Express
Take advantage of PM Suraksha Bima Yojana, With Rs. 12 Get insurance up to 2 lakhs!
Pradhan Mantri Suraksha Bima Yojana is also included in the social security schemes run by the central government. In this insurance plan, insurance cover of up to Rs 2 lakh is being given on accident, at an annual premium of only Rs 12. This amount is deducted from your linked bank account itself. Under this, the enrollment period is from 1 June to 31 May.That is, you can renew this plan in May itself. The duration of the scheme is one year and it has to be renewed every year. Any citizen of 18 years to 70 years can take part in it, after which a bank account is held.
How to get profit
Insurance cover up to Rs 2 lakh is given after joining the Pradhan Mantri Suraksha Bima Yojana.
a) On death in accident: an amount of Rs 2 lakh to dependents
b) On permanent disability: An amount of Rs. 2 lakh to dependents
c) On partial disability: An amount of Rs. 1 lakh to dependents
What is important for PMSBY
The age for this scheme should be between 18 years to 70 years. After 70 years, the scheme does not get benefits.
To avail this scheme, the applicant must have a bank account.
Premium money is debited directly from the bank account.
If there is no balance in the account, the policy will be canceled.
The policy will end in case of bank account closure.
If you have multiple bank accounts then only one bank account can be linked to the scheme.
How to register
You can apply for PMSBY policy by visiting any branch of the bank where you have an account.
The form attached to this scheme can be downloaded from https://www.dif.mp.gov.in/pmjsby.htm and submitted to the bank.
For the premium, you have to approve in the bank form that the premium amount is deducted from your account itself.
Bank Mitras are also delivering PMSBY door to door. Insurance agents can also be contacted for this.
Government insurance companies and many private insurance companies also sell this plan.
Source: - Financial Express, 12 May 2020,
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