Life Insurance Scheme: Get strong insurance up to Rs 2 lakh for just Rs 436, the government will give profit under this scheme
Life Insurance Scheme: The Central Government’s Pradhan Mantri Jeevan Jyoti Bima Yojana is a project that claims to provide lifetime security at a minimal charge. This plan becomes essential for every citizen in such a scenario. The ordinary people of Jharkhand are benefiting greatly from this government program (PMJJBY). People may get insurance coverage of up to Rs 2 lakh for only Rs 436 per year, which is economical and advantageous for all demographics.
The Central Government launched this social security program with the goal of offering life insurance to all of the nation’s citizens. Tell us who is eligible to receive this scheme’s benefits. Learn all there is to know.
What is the scheme’s area of expertise?
- Premium per year: Rs 436
- Coverage for insurance: Rs 2 lakh
- Age range: 18–50 years
Required requirement: Having a bank account is required
When a person passes away from an accident or natural cause, his family receives Rs 2 lakh in assistance. The middle class and poor benefit greatly from this government program in such circumstances.
Qualifications and required paperwork to apply for the government insurance program
Qualifications:
- The candidate should be between the ages of 18 and 50.
- The candidate has to have a post office or bank account.
Documents needed:
- Proof of identity (KYC papers)
- The Aadhaar card
- Photo-equipped voter ID card (EPIC)
- Job card for MGNREGA
- A driver’s license
- The PAN card
- A passport-sized picture
How to apply for an insurance plan
To begin, download the “CONSENT-CUM-DECLARATION FORM” from the following website, then print it out:
- Get the form here.
- Complete the application accurately, then sign it.
- Enclose copies of any required paperwork that has been self-attested.
- Send the completed form to your bank’s or post office’s authorized official.
- An acknowledgment slip and insurance certificate, which serve as documentation of your application, will be provided by the officer.
