PMJJBY: The Indian government keeps running many schemes for the citizens of its country. Of these, there are different types of schemes for different sections of people. The central government has separate schemes for women. The central government has separate schemes for the elderly. Similarly, there are separate schemes for girls and youth. But the Central Government has a scheme which can be useful to crores of people. Prime Minister Jeevan Jyoti Insurance Scheme. In which one can get insurance up to Rs 2 lakh by paying Rs 436 annually. Let us know about this scheme.
Insurance of Rs 2 lakh for Rs 436
Poor people are usually not able to take any kind of insurance. They often have to depend on government schemes. This insurance scheme of the government can prove to be very helpful. Under this scheme, insurance up to Rs 2 lakh is given for Rs 436. There is no medical test of any kind to take this policy.
While taking the bus policy, you have to give information about some diseases in the consent form. Any citizen between 18 years to 55 years can apply for this insurance scheme. Its policy is valid from 1st June to 31st. It is auto-renewed. This much amount of money is deducted from your account every year through auto debit.
Nominee gets Rs 2 lakh
After the death of the insurance holder taking Pradhan Mantri Jeevan Jyoti Insurance, the amount of this insurance is transferred to the nominee. For that, the nominee has to go to the bank from where this scheme is taken and submit the necessary documents which also include the debt certificate. The policy has to be claimed within 30 days of the death of the insured.
