Pradhan Mantri Suraksha Bima Yojana (PMSBY)

Last updated on August 9, 2015 Published by

Pradhan Mantri Suraksha Bima Yojana (PMSBY)

The Finance Minister announced a low cost personal accidental cover called Pradhan Mantri  Suraksha Bima Yojana (PMSBY).Pradhan Mantri Suraksha Bima Yojana (PMSBY)scheme covers death or disablement of the scheme holder cause due to accident or accidental injuries.

Pradhan Mantri Suraksha Bima Yojana (PMSBY) will offer an accidental death and full disability cover of Rs. 2 Lakh and for partial disability cover of Rs. 1 Lakh.

Pradhan Mantri Suraksha Bima Yojana (PMSBY) scheme eligible for age group between 18 to 70 years.

The premium to pay under Pradhan Mantri Suraksha Bima Yojana (PMSBY) scheme is Rs. 12 per annum. The premium will be auto-debited from scheme holder’s savings account. The scheme holder have to renew the accidental cover every year. In case of multiple savings accounts, the scheme holder would be eligible to join the scheme through one savings bank account only.

Forms are available on http://www.jansuraksha.gov.in/Forms-PMSBY.aspx
For more information on Pradhan Mantri Suraksha Bima Yojana (PMSBY)
click here http://www.jansuraksha.gov.in/

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