In today’s time, a person works hard and tries his best to make his life happy. But people do not pay much attention to the safety of their lives. Life insurance and protection insurance combat the uncertainties in your life. The government also understands its importance and that is why the central government is running the Pradhan Mantri Suraksha Bima Yojana.
On getting insured under this scheme, along with risk coverage, a benefit of Rs 2 lakh is given to the person in case of accidental death and total disability. With a premium rate of just Rs 20 per year, you can get insurance of Rs 2 lakh on accidental death and permanent disability and Rs 1 lakh on permanent partial disability. You can also increase the premium rate to get more coverage.
It is mandatory for the applicant who wants to apply to this scheme to be between 18 to 70 years of age. Along with this, the applicant should also have his own savings account. To take advantage of this scheme, you have to go to the nearest bank and complete the application process.
Source: Krishi Jagran
ShareKeep reading Gramophone articles daily for important information related to rural areas and agriculture. If you liked today’s information then don’t forget to like and share.