PM Jeevan Jyoti Bima Yojana has been started by the central government. A big cover can be obtained by investing in this scheme. You can take this scheme through post office and bank. This scheme is being operated through insurance companies. In this, life insurance cover is received in case of death of investors due to any reason. PM Jeevan Jyoti Scheme is renewed every year. At the same time, whose age is between 18 years to 50 years, he can start investing in this scheme.
Benefits available in PM Jeevan Jyoti Bima Yojana
Term insurance is available under PM Jeevan Jyoti Bima Yojana. In this, investors get an insurance cover of Rs 2 lakh annually. At the same time, the investor gets cover in case of death. At the same time, customers will have to get a premium of Rs 436 through bank or post office. For this, customers can avail the facility of auto debit if they want. At the same time, whoever wants to take advantage of this scheme, should have a savings account in the post office or in a bank account.
When and how much to pay?
If the customer takes the cover in June, July or August, then he will have to pay a premium of Rs 436. Those who join this scheme in September, October and November will have to pay a premium of Rs 342. Those who join in December, January and February will have to deposit a premium of Rs 114. Under the scheme, the annual premium has to be paid from 1 June to 31 May.
For those who enroll for the first time, the risk cover starts from the date of premium payment. If the account holder dies within the first thirty days of joining this scheme, then he will be provided the benefit of insurance cover.
