The Pradhan Mantri Suraksha Bima Yojana launched in 2015, is a one-year accidental death and disability cover which could be renewed annually. Likewise, this social security scheme is to be administered through both public and private sector insurance companies in tie-up with scheduled commercial banks, regional rural banks and cooperative banks. The scheme is designed to ensure that people with permanent total as well as impartial disability could avail the benefits of this particular insurance coverage.
Other insurance related schemes are:
Pradhan Mantri Jeevan Jyoti Bima Yojana
Rajiv Gandhi Shilpi Swasthya Bima Yojana
Bima Yojana for Handicraft Artisans
Individuals within the age group of of 18-70 years having a bank account with banks who are registered under the scheme can avail this scheme.
A death benefit of Rs 2 lakh is available to the beneficiary of the policy in case of accidental demise of the injured person. Moreover, coverage of Rs. 2 lakh is provided in case of total disability like irrecoverable or total loss of both the eyes, or loss of use of both the hands and feet, paralysis, etc. In case of partial disability, a life coverage of Rs 1 lakh is provided to the insured person.
You can download the application form on the Jan-Dhan Se Jan Suraksha official website .
