Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) What is the nature of the scheme? The scheme is a one-year cover term life insurance scheme, renewable from year to year, offering life insurance cover for death due to any cause.

Pradhan Mantri Jeevan Jyoti Bima Yojana (Prime Minister Jeevan Jyoti Insurance Scheme) is a Government-backed life insurance scheme in India. It was originally mentioned in the year 2015 budget speech by the then-Finance Minister, Arun Jaitley in February 2015. [1]

Jan 2, 2016 · Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is an insurance scheme offering life insurance cover for death due to any reason. It is a one-year cover, renewable from year to year. The scheme is offered by banks/post offices and …

India launched Pradhan Mantri Jeevan JyotiBima Yojana (PMJJBY) - a government-backed life insurance scheme in India. It was originally proposed in the 2015 budget speech by the Union Finance Minister, as only 20% of India’s population was endorsed under any kind of insurance until then. Consequently, the PMJJBY was

Explore the benefits of Pradhan Mantri Jeevan Jyoti Bima Yojana by LIC. Affordable life insurance for all with easy enrollment and financial security for your loved ones.

May 9, 2023 · Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Scheme: PMJJBY is a one-year life insurance scheme renewable from year to year offering coverage for death due to any reason. Eligibility: Persons in the age group of 18-50 years having an individual bank or a post office account are entitled to enroll under the scheme. People who join the scheme ...

Pradhan Mantri Jeevan Jyoti Bima Yojana Eligibility. The PM Jeevan Jyoti Bima Yojana is a one-year life insurance scheme, renewable every year, offering coverage for death due to any reason and is available to people in the age group of 18-50 years (life cover up to 55 years).

May 9, 2022 · Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Scheme: PMJJBY is a one-year life insurance scheme renewable from year to year offering coverage for death due to any reason. Eligibility: Individuals in the age group of 18-50 years having a savings bank or a post office account are entitled to enroll under the scheme. People who join the scheme ...

Pradhan Mantri Jeevan Jyoti Bima Yojana is a social security scheme launched by the Govt. of India that will help you secure your family’s future with a life cover amount of Rs. 2 lakhs. Features: Affordable premium; Easy enrolment process; 100% Paperless On-boarding; Non-medical product; Life cover for one year

The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their consent to join / enable auto-debit. Aadhar would be the primary KYC for the bank …