PM Suraksha Bima Yojana: Every sensible person takes special care on investing and social security along with earning. Many times emergency situations arise in life when a person falls prey to some disease, becomes a victim of an accident. In such a situation, life insurance policy gives financial help to the family. Earlier it was believed that only rich or middle class people can buy insurance policies. But, with the changing times, the government and different insurance companies started coming up with many such policies which have been specially designed for the people of low income group.
Cover of so many lakhs is available in PMSBY-
Under the Pradhan Mantri Suraksha Bima Yojana, the insured has to spend only 12 rupees every year. In return, he gets an insurance of Rs 2 lakh. Accordingly, you have to spend only 1 rupee every month. It is worth noting that under this scheme, if the insured dies, then in such a situation, the nominee gets a cover of 2 lakhs. On the other hand, if he becomes disabled in an accident, then even in such a situation, the Bamaholder gets a partial coverage cover of up to 1 lakh.
Eligibility to buy insurance
This scheme has been started by the government in the year 2015. Through this scheme, the government wants to give the benefit of social security to every person of the country. Your age should be between 18 to 70 years to take this scheme. This Bama policy is a term plan which lapses after one year. You have to get it renewed every year by depositing Rs 12. This scheme is valid from 1st June to 31st May.
How to make claim-
To buy this insurance, investors have to fill a form. Along with this, you also have to give your account information. In such a situation, till May 31, 12 rupees are automatically deducted from the account of the account holder. Explain that if the insured dies in an accident, then in such a situation claim the policy within 30 days. With this, the settlement of the policy takes place within 60 days.