The government is set to revamp its financial inclusion program. It aims for wider coverage under social security schemes, with enhanced in...

Public sector banks (PSBs) in India have set a target to sell flagship government insurance schemes, including Pradhan Mantri Jeevan Jyoti ...

This is a Government of India Life Insurance Scheme. It is a pure term insurance policy, renewable from year to year. PMJJBY is available t...

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) insurance premium rates have been incr...

This move will enable life insurers to offer more policies under the scheme, and provide financial security to the bottom of the pyramid of...

Since 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...

All policies other than group policies qualify for Bidding in the Policyholder Reservation Portion. The total number of reservations for el...

Initially, PMJJBY will be available at 1 lakh Airtel Payments Bank banking points across India.

If the scheme provides both accident and life insurance, the benefit could cost the government more than Rs 9,000 crore, it’s been estimate...

Risk cover under Pradhan Mantri Jeevan Jyoti Bima Yojana or PMJJBY in short will be applicable only after the first 45 days of enrolment.

The 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...

Insurance schemes such PMJJBY and PMSBY are aimed at bringing the unorganised sector and economically weaker population under social securi...

In all, Goa region received only 31 enrollees for the PMJJBY and 29 enrolments for PMSBY till October while Pune region received 48 enrolme...

The finance ministry is seeking wide publicity for the claim settlement procedures under the two insurance schemes announced by the Prime M...

With the low premium offered under PMJJBY, agents are finding it difficult to push higher-value insurance products, especially in smaller t...

"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...

As many as 22 death and accident claims were settled within a month of the launch of the government's flagship social security insurance sc...