Life today is filled with uncertainty, and it’s impossible to predict what might happen next. Many people plan ahead to secure their future, ensuring they have financial support in case of any unfortunate events. One of the most common ways to do this is by purchasing life insurance. This way, in case something happens, the family can receive financial assistance. If you don’t want to put your family in a difficult situation in the future, life insurance is essential for you. However, many people in India can’t afford to buy life insurance. The Government of India’s Pradhan Mantri Suraksha Bima Yojana is highly beneficial for such individuals, as it provides coverage of up to 2 lakh with a premium of just 20. Let’s find out how you can apply for this scheme.
2 Lakh Insurance for Just 20
If you take advantage of this special scheme from the Indian government, you can get life insurance coverage of up to 2 lakh by paying only 20 as a premium. The Pradhan Mantri Suraksha Bima Yojana was launched by the central government in 2015, and under this scheme, you can still get this insurance. If you opt for this plan, you can easily secure financial protection for yourself and your family. Individuals between the ages of 18 and 70 can apply for the Pradhan Mantri Suraksha Bima Yojana. If the insured person dies due to an accident or other incident, their family will receive up to 2 lakh. Additionally, in case of partial disability, up to 1 lakh will be provided. The best part is that the insured person only needs to pay a premium of 20 per year.
How to Apply?
If you want to apply for the Pradhan Mantri Suraksha Bima Yojana, you can do so either online or offline. To apply offline, you need to visit the bank where you have an account. There, you can collect the necessary form for this scheme. Alternatively, if you want to apply online, you can visit the official website of the scheme, fill out the form, and follow the same process. After applying, you will receive a confirmation, and every year, the premium amount will be automatically debited from your linked bank account at a specified time.
This scheme offers a simple and affordable way to secure your family’s future with life insurance.
