Pradhan Mantri Suraksha Bima Yojana Benefits 2024
Pradhan Mantri Suraksha Bima Yojana (PMSBY) Benefits
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an affordable accident insurance scheme offered by the Indian government. It provides financial protection to the insured and their families in case of accidental death or disability.
Key Benefits:
- Accidental Death Cover: In the event of the accidental death of the insured person, the nominee receives a sum of Rs. 2 lakhs.
- Disability Cover:
- Total and irrecoverable disability: If the insured suffers total and irrecoverable loss of both eyes, both hands, or both feet, or loss of sight of one eye and loss of one hand or foot, they receive a sum of Rs. 2 lakhs.
- Partial Disability: If the insured suffers total and irrecoverable loss of sight of one eye or loss of use of one hand or foot, they receive a sum of Rs. 1 lakh.
Additional Features:
- Low Premium: The premium for PMSBY is very affordable, making it accessible to a large section of the population.
- Easy Enrollment: The scheme can be easily enrolled through bank accounts.
- Wide Coverage: The scheme is available to individuals between the ages of 18 and 70 with a savings bank account.
Note: The premium amount and other details of the scheme may have changed since then. It’s recommended to check the official government website or consult with your bank for the most up-to-date information.
Would you like to know more about the eligibility criteria or how to enrol in PMSBY?
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