PMJJBY– Insurance is a very important part of life. In such a situation, every person should give importance to insurance and take insurance, but some people consider the insurance premium as a wasteful expense and shy away from taking insurance, but Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is one such government scheme in which the government is giving life insurance of up to Rs 2 lakh to the people with a premium of only Rs 436. In such a situation, this scheme is best for those people who consider the insurance premium as a wasteful expense. Let us know about Pradhan Mantri Jeevan Jyoti Bima Yojana.
Prime Minister’s Life Jyoti Insurance Scheme
Pradhan Mantri Jeevan Jyoti Bima Yojana was started by the central government in the year 2015. The aim of this scheme is to provide insurance facility to every family. The special thing about this scheme is that people get life insurance of Rs 2 lakh with an annual premium of only Rs 439. In such a situation, poor people can also secure the future of their loved ones by applying in this scheme.
Special features of PMJJBY
Under the Pradhan Mantri Jeevan Jyoti Bima Yojana, any person between the age of 18 and 50 years can apply and get insurance. The insurance amount of Rs 2 lakh is given to the family and nominee of the policyholder after his death. The cause of death includes both natural and accidental causes. At the same time, the benefit of insurance is also available in case of death due to any disease. You can apply for Pradhan Mantri Jeevan Jyoti Bima Yojana through any government bank or post office.