Get insurance for Rs 4 lakh now for Rs 342 ,Who can avail the benefits of this scheme?
There are two schemes of Narendra Modi government with which you will get insurance up to Rs 4 lakh. Interestingly, you merely got to pay Rs 342 a year.
In fact, in his first term, the Narendra Modi government launched two schemes, Pradhan Mantri Jeevan Jyoti Vima and Pradhan Mantri Suraksha Vima.
Premium of Rs. 342 once a year
The premium for both these schemes is kind of cheap. The annual premium is Rs 330 for Jeevan Jyoti Vima and Rs 12 for Pradhan Mantri Suraksha Vima Yojana. This premium are getting to get replaced by an entire cover of up to Rs 4 lakh.
Who can take advantage of this scheme of Modi government
The Pradhan Mantri Jeevan Jyoti Vima scheme is hospitable people between the ages of 18 and 50. At the same time, people up to the age of 70 are covered under the Prime Minister's Security Insurance. allow us to mention that these are both insurance policies. However this insurance is for one year only. The scheme possesses to be renewed by May 31 once a year . Read Gujarati Report.
Even if the insurance is purchased on any date within the year, it's valid till May 31. If you join the scheme after May 31, the scheme is valid till the same date of next year. you'd wish to possess a bank account to hitch the scheme. Insurance also can be canceled because of insufficient balance within the account at the time of closing of the bank account or deduction of premium.
Full Read Gujarati News Report: Click Hare
What was the aim :
In 2015, the central government launched the Pradhan Mantri Jeevan Jyoti Vima and Pradhan Mantri Suraksha Vima Scheme to provide insurance cover to the poor. this is often often the rationale why the premium is kept very low. However now this scheme is out there for every class. most the private and government banks within the country offer customers the prospect to hitch the scheme. If you're using NetBanking, you'll avail this scheme reception . you'll even be an area of the scheme by visiting the closest branch of the bank
