PMJJBY AND PMSBY

PMJJBY: Pradhan Mantri Jeevan Jyoti Bima Yojana

Pradhan Mantri Jeevan Jyothi Yojana is a government-backed one-year Life Insurance scheme in India. Which is renewable from year to year , offering coverage for death.

Premium amount : Rs.330/-

Life Insurance worth Rs.2,00,000/-

Age limit: Min 18y- Max 50y

PMSBY: Pradhan Mantri Suraksha Bima Yojana

Pradhan Mantri Suraksha Bheema Yojana isan accidental death and disability insurance scheme in India. Which is renewable from year to year, incase of accidental death or permanent full disability.

Premium amount: Rs.12/-

Incase of accidental death or permanent full disability: Rs.2,00,000/-

Incase of partial but permanent disability: Rs.1,00,000/-

Age limit: Min 18y- Max.70y