Finance ministry calls for speedy disbursal of claims under PMGKP, PMJJBY

Finance minister Nirmala Sitharaman has stressed on the speedy disbursal of claims under the Pradhan Mantri Garib Kalyan Package (PMGKP) insurance scheme and the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).

Sitharaman said it was important to streamline the process and documentation requirements under the schemes so that the claims are disbursed quickly, the finance ministry said in a statement on Saturday.

The finance minister conducted a review of progress in these schemes with heads of insurance firms.


“Finance Minister emphasised that insurance company officials should continue being sympathetic while providing services to nominees of deceased policy holders, especially during pandemic period,” according to the statement.

Under PMGKP insurance scheme for health workers fighting Covid-19, a total of 419 claims have been paid as on date, amounting to ₹209.5 crore disbursed into the account of their nominees.

Under PMJJBY, a total of 465,000 claims worth ₹ 9,307 crore have been paid.

From April 1 last year till date, 120,000 lakh claims have been paid amounting to ₹ 2,403 crore, at a disposal rate of 99%.

To address the issue of delays arising out of states sending documents, the finance minister said a new system has been put in place whereby a certificate from the District Magistrate (DM) and endorsed by the nodal state health authority will be sufficient to process claims.