Pm jeevan jyoti bima yojana

Highlights of SBI Life- PMJJBY The following are the key highlights of SBI Life- PMJJBY: • The SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana offers protection at a cost-effective cost. • This scheme is processed instantly and does not require an individual to undergo any medical examination. • The enrolment process for this scheme is easy and can be done through a simplified proposal form. Eligibility Criteria of SBI Life- PMJJBY The table below shows the eligibility criteria of SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana: Parameter Details Entry Age 18 years to 50 years Maturity Age 55 years (Maximum) Policy Term One-year Renewable Term Sum Assured Rs 2 lakh Lien Term Forty-five days from the enrolment date into this scheme Premium Amount The yearly premium is Rs 330 that includes the administrative costs, which are payable to the banks and currently is Rs 41 for every subscriber each year. In the initial enrolment year, the premium will be applicable as per the table below: Enrolment Mode Payable Premium Payable Premium Amount June, July and August Complete Policy Year Rs 330 and applicable taxes includes the administrative costs that are payable to the banks, which are Rs 41 for every subscriber each year September, October and November Three- quarters Rs 258 and applicable taxes includes the administrative costs that are payable to the banks, which are Rs 33 for every subscriber for3 quarters December, January and February Two- quarters Rs 172 and applicable ...

INTRODUCTION The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) launched in 2015, is a one-year life insurance scheme renewable from year to year offering coverage for death. The scheme is administered through both public and private sector insurance companies in tie-up with scheduled commercial banks, regional rural banks and cooperative banks. The government has stressed heavily on the insurance sector as previously a larger section of the populace did not have access to insurance coverage. With the target to include the poor and the underprivileged section of the society, this social security scheme was envisaged to foster the spirit of inclusive growth tandem with the vision of ‘Sabke Saath Sab ka Vikas’ Other insurance related schemes are:

INTRODUCTION The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) launched in 2015, is a one-year life insurance scheme renewable from year to year offering coverage for death. The scheme is administered through both public and private sector insurance companies in tie-up with scheduled commercial banks, regional rural banks and cooperative banks. The government has stressed heavily on the insurance sector as previously a larger section of the populace did not have access to insurance coverage. With the target to include the poor and the underprivileged section of the society, this social security scheme was envisaged to foster the spirit of inclusive growth tandem with the vision of ‘Sabke Saath Sab ka Vikas’ Other insurance related schemes are:

Investment Plans • Investment Plans with High Returns • Market Linked Investment Plans (ULIP) • Capital Guarantee Plans • Investment Plans for NRIs • Child Plans • Pension Plans • Guaranteed Return Plans • Tax Saving Investments • SIP (Systematic Investment Plan) • Endowment Policy • LIC • Money Back Policy • Annuity Plans • Health Insurance Health Insurance • Health Insurance Plans • Family Health Insurance • Senior Citizen Health Insurance • Health Insurance for Parents • Best Health Insurance Plans • Maternity Insurance • Health Insurance Portability • Mediclaim Policy • Critical Illness Insurance • Health Insurance Calculator • Health Insurance Companies • Health Insurance for NRIs • Health Insurance Claim • Motor Insurance Highlights of SBI Life- PMJJBY The following are the key highlights of SBI Life- PMJJBY: • The SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana offers protection at a cost-effective cost. • This scheme is processed instantly and does not require an individual to undergo any medical examination. • The enrolment process for this scheme is easy and can be done through a simplified proposal form. Eligibility Criteria of SBI Life- PMJJBY The table below shows the eligibility criteria of SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana: Parameter Details Entry Age 18 years to 50 years Maturity Age 55 years (Maximum) Policy Term One-year Renewable Term Sum Assured Rs 2 lakh Lien Term Forty-five days from the enrolment date into this scheme Premium Amount...

INTRODUCTION The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) launched in 2015, is a one-year life insurance scheme renewable from year to year offering coverage for death. The scheme is administered through both public and private sector insurance companies in tie-up with scheduled commercial banks, regional rural banks and cooperative banks. The government has stressed heavily on the insurance sector as previously a larger section of the populace did not have access to insurance coverage. With the target to include the poor and the underprivileged section of the society, this social security scheme was envisaged to foster the spirit of inclusive growth tandem with the vision of ‘Sabke Saath Sab ka Vikas’ Other insurance related schemes are:

Highlights of SBI Life- PMJJBY The following are the key highlights of SBI Life- PMJJBY: • The SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana offers protection at a cost-effective cost. • This scheme is processed instantly and does not require an individual to undergo any medical examination. • The enrolment process for this scheme is easy and can be done through a simplified proposal form. Eligibility Criteria of SBI Life- PMJJBY The table below shows the eligibility criteria of SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana: Parameter Details Entry Age 18 years to 50 years Maturity Age 55 years (Maximum) Policy Term One-year Renewable Term Sum Assured Rs 2 lakh Lien Term Forty-five days from the enrolment date into this scheme Premium Amount The yearly premium is Rs 330 that includes the administrative costs, which are payable to the banks and currently is Rs 41 for every subscriber each year. In the initial enrolment year, the premium will be applicable as per the table below: Enrolment Mode Payable Premium Payable Premium Amount June, July and August Complete Policy Year Rs 330 and applicable taxes includes the administrative costs that are payable to the banks, which are Rs 41 for every subscriber each year September, October and November Three- quarters Rs 258 and applicable taxes includes the administrative costs that are payable to the banks, which are Rs 33 for every subscriber for3 quarters December, January and February Two- quarters Rs 172 and applicable ...

INTRODUCTION The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) launched in 2015, is a one-year life insurance scheme renewable from year to year offering coverage for death. The scheme is administered through both public and private sector insurance companies in tie-up with scheduled commercial banks, regional rural banks and cooperative banks. The government has stressed heavily on the insurance sector as previously a larger section of the populace did not have access to insurance coverage. With the target to include the poor and the underprivileged section of the society, this social security scheme was envisaged to foster the spirit of inclusive growth tandem with the vision of ‘Sabke Saath Sab ka Vikas’ Other insurance related schemes are:

Highlights of SBI Life- PMJJBY The following are the key highlights of SBI Life- PMJJBY: • The SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana offers protection at a cost-effective cost. • This scheme is processed instantly and does not require an individual to undergo any medical examination. • The enrolment process for this scheme is easy and can be done through a simplified proposal form. Eligibility Criteria of SBI Life- PMJJBY The table below shows the eligibility criteria of SBI Life- Pradhan Mantri Jeevan Jyoti Bima Yojana: Parameter Details Entry Age 18 years to 50 years Maturity Age 55 years (Maximum) Policy Term One-year Renewable Term Sum Assured Rs 2 lakh Lien Term Forty-five days from the enrolment date into this scheme Premium Amount The yearly premium is Rs 330 that includes the administrative costs, which are payable to the banks and currently is Rs 41 for every subscriber each year. In the initial enrolment year, the premium will be applicable as per the table below: Enrolment Mode Payable Premium Payable Premium Amount June, July and August Complete Policy Year Rs 330 and applicable taxes includes the administrative costs that are payable to the banks, which are Rs 41 for every subscriber each year September, October and November Three- quarters Rs 258 and applicable taxes includes the administrative costs that are payable to the banks, which are Rs 33 for every subscriber for3 quarters December, January and February Two- quarters Rs 172 and applicable ...