The Government of India is implementing various outstanding programs to uplift individuals economically and socially within the nation. In this article, we will discuss a fantastic initiative by the Government of India. The title of this program is Pradhan Mantri Suraksha Bima Yojana.
PM Suraksha Bima Yojana
It is frequently observed that when a family head passes away, the remaining family members encounter numerous financial difficulties. They encounter various types of issues. To address this issue, the Central Government launched the Pradhan Mantri Suraksha Bima Yojana in 2015. Under this plan, the central government provides a benefit in instances of death or disability of the insured due to an accident. In this installment, we will provide a detailed explanation of this scheme –
Under the Pradhan Mantri Suraksha Bima Yojana, the insured individual receives a coverage amount of Rs 2 lakh. To accomplish this, he needs to pay a premium of Rs 20. This scheme can be utilized from ages 18 to 70. According to the Pradhan Mantri Suraksha Bima Yojana, if the insured passes away sadly, a sum of two lakh rupees is provided to the nominee he has selected. If the insured experiences partial disability due to an accident, he will receive Rs 1 lakh in this case.
On the other hand, if the insured is completely disabled in an accident, then he is given two lakh rupees. A large population in the country is associated with the unorganized sector. For these people, there is a better option for the Prime Minister’s Security Insurance Scheme of the Government of India. Many people in the country are applying for this scheme.
