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PMSBY INSURANCE CLAIM
Deceased father's Rs 2 lakh PMSBY insurance payout denied after his name and age mismatched in records; son fought in consumer commission and won Rs 2.5 lakhA deceased father's Rs 2 lakh PMSBY insurance claim, rejected by the insurer over mismatched name and age records, has been upheld by the C...- Jan Suraksha enrolments near 940 million as govt weighs benefitsIndia's Jan Suraksha schemes have secured almost 940 million people. These programs offer life and accident insurance and pension benefits....
- 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 has provided Rs 2 lakh life insurance coverage to over 21 crore beneficiaries: Finance MinistryThe Indian government's PMJJBY has provided life insurance coverage to over 21 crore beneficiaries, paying out Rs 17,211.50 crore in claims...
- 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...
- Social security schemes safeguard underprivileged from financial vulnerability: FM SitharamanThe three schemes are dedicated to the welfare of the citizens, recognising the need for securing human life from unforeseen eventualisatio...
- 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 ...
- 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...
- 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...
- Pradhan Mantri Suraksha Bima Yojana: Accidental death, disability cover@Rs 12 p.aA social security scheme of the government, PMSBY aims to provide insurance cover to individuals in cases of accidents leading to death or ...
- FM Nirmala Sitharaman meets heads of insurers; stresses on faster claim settlementDuring a virtual meeting with the heads of insurance companies, she stressed on the importance of streamlining the process and documentatio...
- Finance minister to meet heads of insurers on SaturdaySince 2014, the Modi government has taken various financial inclusion initiatives to empower the people, it said in another tweet.
- PM asks for revamp of Govt’s two key insurance schemesPradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) were reviewed by the PM where he asked for...
- Enrol for PM's insurance schemes on June 1 to get full benefit: Here's what they coverThe renewal date of Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana is falling on June 1.
- 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...
- Tamil Nadu floods: ICICI Lombard gets Rs 50 crore motor insurance claimsICICI Lombard General Insurance has received around 5,000 motor insurance claims valued at more than Rs 50 crore post floods in Tamil Nadu.
- Financial inclusion: Banks open over 19 crore accounts under PM Narendra Modi's Jan Dhan YojanaThe ministry said RuPay cards have been issued to 16.51 crore customers and that two lakh accounts are opened every day.
- 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...
- 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...
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