new Delhi. The PM Suraksha Bima Yojana (PM Suraksha Bima Yojana) was started with the aim of securing the future of the weaker sections and to help the family if they are not. It can take insurance of up to two lakh rupees at an annual premiere of just Rs 12. If the insured dies in an accident after taking the policy, his family and nominee will get two lakh rupees. At the same time, if a person becomes partially disabled during an accident, then in such a situation he will be given one lakh rupees. Whereas, if fully incapacitated, two lakh rupees will be given.
The central government started this scheme in the year 2015 with the objective of securing the future of the common man and his family. This accident insurance scheme is much cheaper than other policies. On taking the policy, it automatically deducts the premiere of 12 rupees per year from the bank account of the insured. If you want to surrender this policy, then you can close it by giving an application in the bank where you have an account.
How to apply for an insurance policy
To take advantage of PM Suraksha Bima Yojana, the person should be between 18 and 70 years of age. Along with this, the policy holder should also have an active saving bank account. Aadhar card link to bank account is mandatory. While applying for the policy, you will need to have Aadhar card, bank account passbook, age certificate and income certificate photocopy and passport size photo. To get the policy, you have to go to the registered bank branch. You can complete the paperwork by taking its form directly from the bank. Apart from this, you can also download the form by visiting the website https://jansuraksha.gov.in/Forms-PMSBY.aspx.