In this scheme, accident insurance of Rs 2 lakh can be done by paying an annual premium of only Rs 12. The term of this insurance policy is one year. After one year, this scheme can be renewed again.
PM Suraksha Bima Yojana: In today’s time, insurance has become the need of every man. In times of rising inflation and sudden trouble, insurance comes as a great support. But not every person is capable enough to get medical, life or accidental insurance. Because after Corona, the insurance premium has also become very expensive.
In such a situation, the Pradhan Mantri Suraksha Bima Yojana is such a scheme that stands as a security cover in front of the people of the weaker economic class. The Pradhan Mantri Suraksha Bima Yojana has been started keeping in mind that a large section of the population does not have any accident insurance cover.
Insurance of 2 lakhs for Rs 12
In this scheme, accident insurance of Rs 2 lakh can be done by paying an annual premium of only Rs 12. The term of this insurance policy is one year. After one year, this scheme can be renewed again.
The insurance period of one year is from 1st June to 31st May every year. Every year on 1st June, the premium of Rs 12 of this insurance is automatically deducted from the bank account.
Under the Pradhan Mantri Suraksha Bima Yojana, in the event of an accident, an insurance claim has to be made within 30 days. Claim settlement is done in 60 days.
Benefit of Bank Account
If you have a bank account and your age is from 18 to 70 years, then you can take this insurance policy under Pradhan Mantri Suraksha Bima Yojana. If the insured dies, then his family members get a relief amount of Rs 2 lakh.
If in an accident both eyes, both hands or both legs of the policyholder are completely damaged or if one eye, one hand or one leg is damaged, then Rs 2 lakh is given to the policyholder. If there is partial damage in these organs, then one lakh rupees are available.
The benefit of PM Suraksha Bima Yojana can be availed only from the age of 18 to 70 years. Every year the premium amount is deducted from the bank account before 1st June.
