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Launch of Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana

Dated:- 24-4-2015 - The Finance Minister in his Budget Speech 2015-16, announced two Social Security Schemes in the Insurance Sector, namely the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The Pradhan Mantri Suraksha Bima Yojana will be a one year accident insurance cover for Rs. two lakhs, renewable from year to year. Under the scheme, accidental death and disability cover of Rs. two lakhs is offered on account of an accident to all saving b .....

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