Pradhan Mantri Suraksha Bima Yojana Scheme Details: The Government of India announced Good insurance schemes Pradhan Mantri Suraksha Bima Yojana (for Accidental Death and Disability), Pradhan Mantri Jeevan Jyoti Bima Yojana (for life insurance) and Atal Pension Yojna (for pension).
Here we will Provide you the highlights of Pradhan Mantri Suraksha Bima Yojana Scheme Details.
These Pradhan Mantri Suraksha Bima Yojana Scheme would be come in effect from 1 June 2015
The official website of the scheme is www.jansuraksha.gov.in. National Toll-Free – 1800-180-1111 / 1800-110-001 and StateWise Toll free number are listed in this document Statewise Toll-Free (pdf)
Pradhan Mantri Suraksha Bima Yojana Scheme Details
Pradhan Mantri Suraksha Bima Yojana official Website Click here
Pradhan Mantri Suraksha Bima Yojana Scheme Eligibility
Available to people in age group 18 to 70 years with bank account. Any person having a bank account and Aadhaar number linked to the bank account can give a simple form to the bank every year before 1st of June in order to join the scheme. Name of nominee to be given in the form.
Pradhan Mantri Suraksha Bima Yojana Scheme Premium: Rs 12 per annum.
Payment Mode: The premium will be directly auto-debited by the bank from the subscribers account. This is the only mode available.
Risk Coverage: For accidental death and full disability – Rs 2 Lakh and for partial disability – Rs 1 Lakh.
Terms of Risk Coverage: A person has to opt for the scheme every year. He can also prefer to give a long-term option of continuing in which case his account will be auto-debited every year by the bank.
Who will implement this Scheme?: The scheme will be offered by all Public Sector General Insurance Companies and all other insurers who are willing to join the scheme and tie-up with banks for this purpose.
(i) Various Ministries can co-contribute premium for various categories of their beneficiaries from their budget or from Public Welfare Fund created in this budget from unclaimed money. This will be decided separately during the year.
(ii) Common Publicity Expenditure will be borne by the Government.