PM Suraksha Bima Yojana: The Government of India runs many different types of schemes for the people of the country. Keeping in mind the different needs of different people, the government implements these schemes. In today’s time, insurance has become a very important part of people’s lives. It cannot be said when people will need insurance money.
Many people do not have the money to pay the insurance premium. Such poor and needy people are given the benefit of insurance by the government. Let us tell you that under the Pradhan Mantri Bima Suraksha Yojana, you get insurance of Rs 2 lakh for just Rs 20. Let us tell you how you can take advantage of this scheme.
Insurance of Rs 2 lakh for Rs 20
Accident insurance cover is provided under the Pradhan Mantri Bima Yojana of the Government of India. This government scheme is for people belonging to the poor sections. Through this scheme, the government provides a cover of Rs 2 lakh for just Rs 20. This scheme was started in the year 2015. Under the Pradhan Mantri Bima Yojana, if a policyholder dies in an accident.
So money is given to the nominee. Not only this, if the policy holder becomes disabled, he gets money even then. Let us tell you that after death in an accident, Rs 2 lakh is given to the nominee. If the person becomes partially disabled, Rs 1 lakh is given. If the policyholder becomes completely disabled, then he is given Rs 2 lakh.
Premium has to be paid annually
Let us tell you that an annual premium of Rs 20 has to be paid in the Pradhan Mantri Bima Suraksha Yojana. The period of insurance cover is from 1 June to 31 May. Any Indian citizen between 18 and 70 years can apply in this scheme. The form for this scheme can be filled by going to your bank or the nearest Common Service Center. The amount of its premium is auto debited from the account.