Sarkari Yojana Pradhan Mantri Suraksha Bima Yojana: Medical emergency never comes by saying. In such a situation, it is not easy for everyone to manage health emergency between rising inflation and treatment expenses. In such a situation, a small investment of Rs 20 will give you an insurance cover of Rs 2 lakh. One such scheme of the government is Pradhan Mantri Suraksha Bima Yojana (PMSBY). In which you can take an accidental insurance cover of up to Rs 2 lakh by paying only 20 rupees annual premium.
Who can take advantage of government scheme?
If you are between 18 and 70 years old and you have a savings account in any bank, then you can avail this scheme. Under this scheme, insurance cover has to be renewed every year. If this money is linked for 20 rupees, every year your bank account will be deducted automatically.
What will be covered?
The focus of this insurance scheme is only on accidental cases. If a person dies in an accident or he becomes completely disabled, he or his family gets an insurance cover of up to Rs 2 lakh. On the other hand, if the person is partially disabled, then he is given a claim of up to Rs 1 lakh. However, in cases of natural death or disease, this scheme does not benefit.
How to apply?
To take advantage of this scheme, first you have to find out in your bank branch. PMSBY gets the same account holders whose savings account is in that bank. So you have to go to your bank branch first. You will get the form related to the plan there. Fill this and submit it to the bank by putting a document.
Why is this scheme important?
This insurance cover of Rs 20 annually is very helpful for those who cannot afford any health policy or medical fund. Especially people working in a low-incomplete family or unorganized sector can protect themselves and their families with this scheme.