SBI Update: By giving information from the Twitter handle, SBI told that by investing in these 2 government schemes, you will get insurance up to Rs 4 lakh. Know in details here.
SBI Insurance Update: After the corona virus epidemic, awareness about insurance and mediclaim has increased more among the people. Now people have started understanding the importance of insurance in the instability of life. Apart from this, the government is also coming up with a low premium policy to make the facility of insurance accessible to everyone.
To provide insurance facility to more and more people, the government schemes Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are giving you coverage up to Rs 4 lakh. The most important thing in this is that you have to invest only Rs 342 for this. Let us tell you about this offer in detail.
You will get bumper benefit of up to Rs 4 lakh
State Bank of India (SBI), the country’s largest state-run bank, gave this information through its Twitter handle and told about these two schemes. SBI said in its tweet that ‘Insure according to your need and live a worry-free life. Premium will be deducted from savings bank account account holders through auto debit facility. The person will be eligible to join the scheme through only one savings bank account.
Benefits of Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Explain that under this scheme, in case of death of the insured in an accident or completely disabled, compensation of up to Rs 2 lakh is available. Under this scheme, if the policyholder becomes partially permanently disabled, he gets a coverage of Rs 1 lakh. The annual premium of this plan is Rs 12.
Benefits of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
If a person invests in this scheme, then he gets many benefits. If the insured dies, the nominee gets Rs 2 lakh. Anyone between the age of 18-50 can take advantage of this. To invest in this scheme, you have to pay a premium of Rs 330 annually. Please note that both these are term insurance policies. This insurance is for a year only.
Insurance cover from 1st June to 31st May
Explain that under these schemes, insurance cover is available from June 1 to May 31 only. For this you need to have a bank account. If the bank account gets closed or there is not enough balance in the account at the time of deduction of premium, then your insurance can also get canceled.
