Saral Jeevan Bima Yojana Scheme is a term life insurance scheme plan introduced by the Government of India on October 2, 2018. It is an initiative to provide life insurance coverage for the unorganized sector workers in India.
The Saral Jeevan Bima Yojana Scheme provides a cover of Rs. 30,000 for individuals with annual income below Rs. 20,000-25,000 per annum and Rs. 2 lakhs for salaried people with annual income up to Rs. 3 lakhs per annum.
The entire sum insured amount is given to the nominee/beneficiary in case of the death of the policyholder within the policy term.
What is PMJJBY Scheme?
Pradhan Mantri Jeevan Jyoti Bima Yojana is an insurance scheme that provides coverage for sudden death valid for one year and renewal from year to year with a minimum premium rate of Rs. 330 per month.
What is PMSBY Scheme?
Pradhan Mantri Suraksha Bima Yojana is an insurance scheme that provides coverage for accidental death and disability coverage with an annual premium of Rs. 1 to 2 lakhs per member.
What is 330 Rs Insurance Scheme?
Pradhan Mantri Jeevan Jyoti Bima Yojana is a 1-year life insurance scheme constant at 330 rs minimum premium rate works from year to year. It covers natural death, accidental death for the age group of 18 to 50 years.
What is 12 Rs Insurance Scheme?
Pradhan Mantri
Suraksha Bima Yojana(PMSBY) is an insurance scheme that provides accidental death and
disability coverage of Rs. 2 lakh, with a minimum premium rate of Rs. 12/- per
annum per member. It is most beneficial for less fortunate people or for BPL families.
What is Postal Life Insurance Scheme?
Postal Life insurance was introduced on 1st Feb 1884 as a welfare scheme for the benefit of postal department employees which was later extended to the employees of the telegraph in 1888. Postal life insurance plans cover the life of customers against death or disability and are the same as the term life insurance or any other life insurance products. Postal life insurance online plans offer a different range of products such as Whole life insurance, Annuity insurance, term insurance, etc. Postal life insurance premium calculator is also available in online to calculate the premium of a postal life insurance policy.