The government on Tuesday raised the premium for its flagship insurance schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) in order to ...

PMSBY: The annual premium has been raised from ₹12 to ₹20, a 67% increase. PMJJBY : The annual premium has been increased from ₹330 to ₹436, a 32% increase.

while Rs 2,513 crore have been paid under PMSBY till March 2022. On the other hand, under the PMJJBY scheme, Rs 9,737 crore has been collected by the insurers towards premium and claims of Rs ...

Select Scheme: Choose the PMSBY option under “Insurance ... Select Scheme: Choose the PMJJBY option. Fill Details: Enter personal and nominee details. Pay Premium: The premium amount will ...

Also Read: Banks to deduct premium of Rs 12 before May 31: PMSBY scheme details Under PMJJBY scheme, a life cover of Rs. 2 lakh ( term insurance) is available at a premium of Rs.330 per annum per ...

The annual premium rate for PMJJBY has been increased to Rs 1.25 per day. This premium, which was earlier Rs 330 annually, will now increase to Rs 436. Apart from this, the annual premium for PMSBY ...

(PTI) Though the insurance schemes the government came up with were a great way to provide social security to the poor—PMJJBY for life insurance and PMSBY for accident cover—it was always ...

While, the PMSBY is an accident insurance scheme that provides financial protection against accidental death and disability and offers one-year coverage, renewable annually, the PMJJBY is a ...

On PMJJBY scheme, the finance minister said that it has provided crucial support to 6.64 lakh families who have received claims for ₹13,290 crore. Under the PMSBY scheme, Ms. Sitharaman said ...

PMJJBY is a one-year cover term life insurance scheme, renewable from year to year, offering life insurance cover for death due to any cause. PMSBY is an accident insurance scheme offering ...

(MENAFN- IANS) New Delhi, Dec 15 (IANS) More than 21 crore people have benefited under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY ... Under the PMSBY scheme that provides Rs 2 lakh ...

The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, translating into an increase from Rs 330 to Rs 436 annually. The annual premium for PMSBY has been hiked from Rs 12 to Rs 20 ...