12 Important "Jeevan Jyothi Beema Yojana ” Questions and its Answers

All these events are covered as Jeevan Jyothi Beema Yojana covers death due to any reason

Any NRI having an eligible bank account with a bank branch located in India is eligible for purchase of PMJJBY cover subject to fulfilment of the terms and conditions relating to the scheme. However,…

The assurance on the life of the member shall terminate / be restricted accordingly on any of the following events: On attaining age 55 years (age near birth day), subject to annual renewal up to that…

Individuals who exit the scheme at any point may re-join the scheme in future years by paying the appropriate premium . However, for such subscribers, insurance benefit shall not be available for death…

Yes, on payment of premium through auto-debit. New eligible entrants in future years can also join accordingly. However, for such subscribers, insurance benefit shall not be available for death (due to…

The cover shall be for one year period stretching from 1st June to 31st May for which option to join / pay by auto-debit from the designated individual bank account on the prescribed forms will be required…

The premium will be deducted from the account holder’s bank account through ‘auto debit’ facility in one instalment, as per the consent to be given on enrolment. Members may also give…

Eligibity criteria of Jeevan Jyothi Beema Yojana are as follows. Any person aged between 18- 50 years having a saving bank account can join this scheme through participating banks. Even if you have multiple…

Benefits of Jeevan Jyothi Beema Yojana are as follows. Death Benefit- In case of demise of the insured person the PMJJBY provides a death coverage of Rs 2,00,000 to the beneficiary of the policy.…

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a one year life insurance scheme, renewable from year to year, offering coverage for death due to any reason and is available to people in the age…