You will get insurance of 2 lakhs for 20 rupees, this government scheme is of great benefit

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 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 2 lakh rupees for just 20 rupees. Let us tell you how you can take advantage of this scheme.

Insurance of 2 lakhs for 20 rupees

Under the Pradhan Mantri Bima Yojana of the Government of India, accident insurance cover is given. This scheme of the government is for the people belonging to the poor sections. Through this scheme, the government gives a cover of 2 lakh rupees for just 20 rupees. This scheme was started in the year 2015. Under the Pradhan Mantri Bima Yojana, if a policyholder dies in an accident.

Then the nominee is given money. Not only this, if the policyholder becomes disabled. Even then he gets money. Let us tell you that after death in an accident, the nominee is given 2 lakh rupees. On becoming partially disabled, 1 lakh rupees are given. If the policyholder becomes completely disabled. Then he is given 2 lakh rupees.

Premium has to be paid annually.

Let us tell you that in the Pradhan Mantri Bima Suraksha Yojana, a premium of 20 rupees has to be paid annually. The period of insurance coverage is from 1 June to 31 May. Any Indian citizen between the age of 18 and 70 years can apply for this scheme. The form for this scheme can be filled out by visiting your bank or the nearest Common Service Center. The premium amount is auto-debited from the account.