Pradhan Mantri Jeevan Jyoti Vima Yojana
If you do not have a bank account, open one immediately as insurance companies can provide financial assistance in the Covid 19 epidemic. You can get insurance cover of Rs 2 lakh during Covid 19 epidemic. The Modi government has launched the Pradhan Mantri Jeevan Jyoti Vima Yojana at a very low premium. The special thing about this insurance policy is that its premium is very low. PMJJBY has been getting cover for 55 years. You can avail this insurance if you have a saving account in the bank.
How to take advantage of this plan
Pradhan Mantri Jeevan Jyoti Vima Yojana is for every Indian. This can include adults between the ages of 18 and 50.
In Pradhan Mantri Jeevan Jyoti Vima Yojana, Rs 330 will be deducted from the account, which is an annual premium. You will get insurance cover for one year from this.
What is special in the plan
The annual premium of Pradhan Mantri Jeevan Jyoti Vima Yojana is only Rs. 330. Get insurance cover of Rs 2 lakh. It has to be renewed every year. Before renewing the insurance the bank sends a reminder whether you want to continue this insurance or not. The term of insurance is June 1 to May 31. In May every year, a premium of Rs 330 has to be paid for it. Life cover is available in Pradhan Mantri Jeevan Jyoti Vima Yojana till the age of 55 years.
The nominee gets the sum insured in case of any untoward incident during this period. What is special is that the person covered by Corona is also included in this insurance cover. If the insurer dies for any reason, the nominee gets a cover of Rs 2 lakh. Its annual premium is Rs. Anyone between the ages of 18 to 50 can avail this scheme
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