PMJJBY- In this government scheme, you will get insurance of Rs 2 lakh for Rs 436 annual premium, know the complete details.
In today's scenario, there is no assurance of life, one does not know what will happen to whom and when, in such a situation, it is important to get the responsible person of the house insured, but the insurance of a private bank is expensive, but friends, today through this article you will get information from the Prime Minister. Let us tell you about Jeevan Jyoti Bima Yojana (PMJJBY) which stands as an icon of strong life insurance coverage in India. The scheme provides a safety net for individuals aged between 18 to 50 years. Let us know complete information about this scheme-
Benefits of Pradhan Mantri Jeevan Jyoti Bima Yojana:
Wide eligibility range: Must be between 18 to 50 years of age to apply for PMJJBY, which covers a wide spectrum of the population.
Comprehensive Coverage: This plan provides adequate life cover of Rs 2 lakh.
Death Coverage: In the event of the unfortunate death of the policyholder, the plan provides coverage for death due to any cause, thereby ensuring financial security for the nominee.
Affordable Premium: With a nominal premium of Rs 436, this plan remains accessible to the vast majority, which is further simplified by automatic debit from the customer's bank or post office account.
Application Process:
By using net banking facilities, individuals can easily apply for PMJJBY online, thereby simplifying the application process.
2. Apply Offline:
For those preferring offline methods, applicants can download and print the 'Consent-cum-Declaration Form' from the given link. After completing the form and attaching the required documents, it can be submitted to the designated bank or post office authorities. After submission, applicants receive an 'Acknowledgment cum Certificate of Insurance' from the concerned authority, confirming their enrollment in the scheme.
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