Pradhan Mantri Suraksha Bima Yojana (PMSBY)

KEY POINTS

• Age Limit:
  Minimum 18 yrs and maximum 70 years.
  The scheme will be a one year cover, renewable from year to year
  It would be administered through the Public Sector General Insurance Companies in collaboration with Banks.
• Risk coverage:
  Rs. 2 Lakh and for partial disability cover of Rs. 1 Lakh.
• Premium:
  Rs.12 per annum. The premium will be directly auto-debited by the bank from the subscribers' account.

AIM & TYPE OF SCHEME

• It is an insurance scheme which covers death or disablement of the policyholder caused due to accident or accidental injuries.
• To support the families of policy holders financially ,who were died or disabled accidentally

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