Sat Apr 01 2023

✅PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojna) :- ♦️Launch 9 May 2015 From Kolkata By PM Modi. ♦️Administered by LIC. ♦️Aim - To enhance the penetration of insurance in country and provide social security to the under-privileged section. 🔹Eligibility :- 🔻Age group 18-50 🔻Should have saving bank account (Auto Debit) 🔻Premium- 436 (previous was 330) 🔻Risk Cover - 2 Lakhs (any reason) to nominee. 🔹Key Features :- 🔻Coverage of 1 years , Renew the policy every year till the age of 55 years 🔻Cover period from 1st June to 31s May(next year) 🔻Risk Cover is applicable after the 15 days of enrollment.