Monday, 3 September 2018

Enroll for Prime Minister's Jan Suraksha Yojana - PMSBY & PMJJBY

Encouraging Railway Employees to enroll themselves under Pradhan Mantri Suraksha Bima Yojana (PMSBY) and the Pradhan Mantri Jeevon Jyoti Bima Yojana (PMJJBY)


References : 


        In order to move towards creating a universal social security system, Hon'ble Prime Minister had launched social security schemes pertaining to the Insurance sector, namely the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and the Pradhan Mantri Jeevan Jyoti Biman Yojana (PMJJBY) on 9th May, 2015.

        As both these schemes are of national importance, Railway Board vide above referred letters desires that Zonal Railways/PUs should encourage and persuade all eligible Railway Employees and contractual staff of OBHS, Cleaning, Catering & other labour intensive contracts, who are still not covered under PMSBY and PMJJBY to get themselves enrolled under the scheme to avail the benefits. Scheme details and forms are available for download from the website http://www.jansuraksha.gov.in/ .
            
            Brief about both the schemes is given below :

PRADHAN MANTRI SURAKSHA BIMA YOJANA (PMSBY)

SN
Description
About the Scheme in brief
1.
Scheme Objective
Scheme for accidental death/disability insurance

2.
Eligibility
a)  Bank account holder
b)  Entry Age – 18 years to 70 years
      (Risk cover maximum upto 70 years of age by paying annual premium)

3.
Risk Coverage
a)  For accidental death and full disability – Rs. 2 lakh
b)  Partial Disability – Rs. 1 Lakh

4.
Premium
Rs. 12/- per annum (annual renewable)

5.
Payment mode
Yearly premium (auto debit to SBI account)

6.
Annual Policy cover period
From June of the starting year to May next year.
7.
Scheme Rules

8.
Download Application Form / Consent-cum-Declaration Form

9.
Claim Forms



PRADHAN MANTRI JIVAN JYOTI BIMA YOJANA (PMJJBY)

SN
Description
About the Scheme in brief
1.
Scheme Objective
Scheme for life insurance cover (normal death)

2.
Eligibility
a)  Bank account holder
b)  Entry Age – 18 yrs to 50 yrs
      (Risk cover maximum upto 55 years of age by paying annual premium)

3.
Risk Coverage
a)  Rs. 2 lakh in case of normal death.

4.
Premium
Rs. 330/- per annum (annual renewable )

5.
Payment mode
Yearly premium (auto debit to SBI account)

6.
Annual Policy cover period
From June of the starting year to May next year.
7.
Scheme Rules

8.
Download Application Form / Consent-cum-Declaration Form

9.
Claim Forms