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Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) What is the nature of the scheme? The scheme is a one-year cover term life insurance scheme, renewable from year to year, offering life insurance cover for death due to any cause.
Jan 2, 2012 · PMJJBY is a one-year term life cover of ₹ 2.00 Lakh for individuals in the age group of 18-50 years. It covers death due to any reason and premium is auto debited from the subscriber’s account.
- myScheme is an e-Marketplace for Govt. schemes and services. Using myScheme you can find various government schemes, check your eligibility, and ap...
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- For now, the platform shall direct you to the application page of the scheme of your choice.It is envisaged that in the upcoming phases, myScheme s...
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A government-backed life insurance scheme in India for people between 18 and 50 years with bank accounts. It offers a sum insured of ₹2 lakh in case of death, but has faced challenges during the COVID-19 crisis due to low awareness, claim process and documentation issues.
Learn about the Pradhan Mantri Jeevan Jyoti Bima Yojana, a life insurance scheme for the poor and low-income section of the society. Find out the eligibility, benefits, premium, and official website of the scheme for UPSC preparation.
- 9th May 2015
- PM Narendra Modi
- Ministry of Finance
Learn about the scheme details, enrollment form, claim settlement process and grievance redressal of PMJJBY, a life insurance scheme by LIC. The scheme provides financial security to the family of the insured person in case of death due to natural causes.
PMJJBY provides Rs. 2 Lakh life insurance cover to eligible people in the age group of 18-50 years for Rs. 330 per annum. Learn about the objective, eligibility, enrolment, benefits and achievements of the scheme launched in 2015.
People also ask
What is Pradhan Mantri Jeevan jyotibima Yojana (pmjjby)?
Who is eligible for Pradhan Mantri Jeevan Jyoti Bima Yojana?
What are the benefits offered by PM Jeevan Jyoti Bima Yojana?
How much if a person dies during Pradhan Mantri Jeevan Jyoti Bima Yojana?
Learn about Pradhan Mantri Jeevan Jyoti Bima Yojana, a renewable life insurance policy for those in need. Find out the features, eligibility, premiums, death and maturity benefits, and how to apply at HDFC Bank.
