New Delhi: What’s good at Rs 12 these days? Even a cup of good tea costs Rs. Not found in 12. In such a situation, if the cost of insurance cover is only Rs 12, is it a matter of happiness? We are talking about the Prime Minister’s Security Insurance Scheme (PMSBY). This is a plan that is insuring the common man at a very low premium. The goal of the scheme in the days of this Koro epidemic is that even the poorest person in the country can get insurance so that there is no financial hardship during any accident in his life.
Under ‘Suraksha’ PMSBY for Rs 12
you get accident insurance of Rs 2 lakh. The special thing is that you can avail the benefits of this scheme by investing only Rs 12 per year.
Payment will be made in three cases 2 lakh will be paid on death in accident.
In case of permanent disability in an accident: In case of loss of both eyes or both arms or both legs or in case of loss of one eye and one arm or one leg a person will be paid Rs 2 lakh. In case of permanent partial disability in an accident: loss of sight in one eye or inability to use one arm or one leg, Rs. 1 lakh will be paid.
Who will get the benefit of this scheme?
The benefits of Pradhan Mantri Suraksha Bima Yojana can be availed by any citizen from the age of 18 to 70 years. In this plan, the insurer has to pay a premium of Rs. 1 per month.
How to avail the benefits of this scheme?
The application form can be downloaded from the website of Financial Services or from the link Download Form . Or visit the bank. The form is available in English, Hindi, Gujarati, Bengali, Kannada, Oriya, Marathi, Telugu and Tamil. You can take this insurance through any bank. In the public sector, private banks have also provided complete information related to their websites. The applicant must have a bank account to avail this scheme. Thus the premium amount is deducted from your account only. The bank will automatically deduct the premium amount from your account every year.
It is important that you always keep a minimum amount in the savings account as per the rules of the bank. If for some reason the auto debit of the premium fails, your insurance cover will expire.