Pradhan Mantri Jeevan Jyoti Bima Yojana

The Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed life insurance scheme offering affordable coverage to individuals. It provides a life insurance cover of ₹2 lakhs for an annual premium of ₹330. The scheme aims to provide financial security to families in case of the policyholder's death.

The Pradhan Mantri Jeevan Jyoti Bima Yojana offers essential benefits by providing affordable life insurance coverage to individuals, ensuring financial security for their families in case of their death. With a low annual premium of ₹330, the scheme makes life insurance accessible to a broad segment of the population, especially low-income groups. In the unfortunate event of the policyholder’s death, their family receives a sum of ₹2 lakhs, which can help cover immediate financial needs and reduce economic distress. This scheme promotes a safety net for families, offering peace of mind and fostering financial inclusion across the country.