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PMJJBY INSURANCE PREMIUM
PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015Jansuraksha schemes have settled claims worth over Rs 25,160 crore. Pradhan Mantri Jeevan Jyoti Bima Yojana settled more than Rs 21,500 cro...
PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LICThe Pradhan Mantri Jeevan Jyoti Bima Yojana is vital for the government's 'Insurance for All by 2047' goal. Launched in 2015, it offers lif...
Jan Suraksha revamp: PMJJBY, PMSBY, APY may see increase in sum insuredThe government is contemplating a substantial expansion of insurance benefits within its renowned Jan Suraksha initiatives. This strategy i...
Government revamps financial inclusion program for enhanced social security coverageThe government is set to revamp its financial inclusion program. It aims for wider coverage under social security schemes, with enhanced in...
PSU banks set target for selling flagship government insurance schemes in FY24Public sector banks (PSBs) in India have set a target to sell flagship government insurance schemes, including Pradhan Mantri Jeevan Jyoti ...
All about Pradhan Mantri Jeevan Jyoti Bima YojanaThis is a Government of India Life Insurance Scheme. It is a pure term insurance policy, renewable from year to year. PMJJBY is available t...
Govt hikes insurance premiums under PM Jeevan Jyoti Bima Yojana, Suraksha Bima Yojana w.e.f. June 1The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) insurance premium rates have been incr...
Irdai eases capital requirement for PMJJBY to encourage more insurers to participateThis move will enable life insurers to offer more policies under the scheme, and provide financial security to the bottom of the pyramid of...
Centre raises premium for flagship insurance schemes PMJJBY, PMSBYSince the launch of the PMSBY, an amount of Rs 1,134 crore has been collected by the implementing insurers towards premium and claims of Rs...
Are PMJJBY policyholders eligible for discounted LIC IPO shares?All policies other than group policies qualify for Bidding in the Policyholder Reservation Portion. The total number of reservations for el...
Bharti AXA, Airtel Payments Bank team up to offer Pradhan Mantri Jeevan Jyoti Bima YojanaInitially, PMJJBY will be available at 1 lakh Airtel Payments Bank banking points across India.
Cover drive! Rs 2-lakh insurance cover for 3 years for Jan Dhan account holders on cardsIf the scheme provides both accident and life insurance, the benefit could cost the government more than Rs 9,000 crore, it’s been estimate...
PMJJBY not to settle claims for first 45 daysRisk cover under Pradhan Mantri Jeevan Jyoti Bima Yojana or PMJJBY in short will be applicable only after the first 45 days of enrolment.
IndiaFirst Life eyeing 30 per cent growth in retail businessThe target is lower than 38 per cent growth achieved by the 3-way joint venture between Bank of Baroda, Andhra Bank and UK's Legal and Gene...
Government extends last date for PMJJBY and PMSBY enrolment furtherInsurance schemes such PMJJBY and PMSBY are aimed at bringing the unorganised sector and economically weaker population under social securi...
Few takers for PM Modi's security schemes in Maharashtra-Goa circleIn all, Goa region received only 31 enrollees for the PMJJBY and 29 enrolments for PMSBY till October while Pune region received 48 enrolme...
Doordarshan, AIR to publicise insurance schemes launched by PM Narendra ModiThe finance ministry is seeking wide publicity for the claim settlement procedures under the two insurance schemes announced by the Prime M...
Insurance companies face steep challenges from Pradhan Mantri Jeevan Jyoti Bima YojanaWith the low premium offered under PMJJBY, agents are finding it difficult to push higher-value insurance products, especially in smaller t...
Insurers settle one claim a day under PM Narendra Modi's insurance schemes"The turn around time in most of cases so far has been less than 10 days and we expect this trend to continue as far as claim settlement is...
22 claims settled in 30 days under PM Narendra Modi's insurance schemesAs many as 22 death and accident claims were settled within a month of the launch of the government's flagship social security insurance sc...