Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Prime Minister Narendra Modi has launched several ambitious social security programs. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is also one of them. It is basically a term life insurance policy. You can also renew it on an annual basis or for a longer period. On the death of the policyholder, it will provide life cover coverage.

Narendra Modi launched Pradhan Mantri Jeevan Jyoti Bima Yojana on 9th May 2015. It is a life insurance policy for the poor and middle class people of our country.

Whosoever gets a life insurance policy under the PMJJBY scheme, the family members will get Rs 2 lakhs under the insurance policy after their death. Not only this, the applicant will have to pay only 330 rupees per year per annum under this scheme. Anyone can make their life insurance for this scheme.

Eligibility For Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

• The age of applicant should not less than 18 years.
• The age of applicant should not more than 50 years.
• The concerned persons should have a bank account.
• Those who take this policy 50 years before, they will get cover of life insurance for 55 years. However, they will have to pay premium regularly to get this profit.

Features Of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

• Under this plan you get 1 year’s life coverage and you will have to renew it every year.
• Under this scheme, you can turn off the premiums anytime and you can get back to this scheme again under this scheme.
• You can get the benefit of up to Rs 2 lakh.
  There is a need to pay only 330 rupees per year under this scheme.
• You can easily claim money and claim settling quickly.
• Under this scheme, no applicant will ask to fill the premium and fill with your bank account.

Benefits Of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

• Under the scheme, after the death of the Bima Policy holder, the nominee receives a cover of Rs 2 lakh.
• Under this scheme, the holder who pays the premium will also get tax benefone year coverage is received and so much so that after the death of the Policyholder, his family gets coverage of Rs. 2 lakhs. it under Section 80C of the Income Tax.

Documents Required to Apply for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

• Copy of applicant’s Aadhar Card
• Photos of the applicant’s passport size

How to apply for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

• First of all, you will have to go there near your nearest bank or the bank with your savings account.
• From there you will get the form for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) or you can download yourself online also Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
• Now you will have to submit all the details in that form to the bank and along with your Aadhar card and two photographs will also have to be deposited.
• Under this plan insurance money will offset by your savings account.

How to claim for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

• The person who is insured, if he dies, his nominee can claim under Prime Minister Jyoti Jyoti Bima Yojna.
  

  Know how to claim for Prime Minister Jyoti Jyoti Bima Yojana?

• The nominee must first contact the bank.
• After that, you get the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Claim Form & Discharge Receipt from there.
• You can also download the Prime Minister Jeevan Jyoti Bima Yojana Claim Form from here.
• Now, you will get death certificate and photograph of Cancelled check with claim form and discharge receipt form.
• Claims will be transferred to the nominee’s nominee bank account, which will be received in more than 60 days.

For further information visit: http://www.awasyojanajaipur.com