PM Suraksha Bima Yojana:- Not every individual has the resources to purchase their own security insurance. because private insurance companies charge premiums in exchange for offering expensive insurance coverage. In light of this, the government runs a number of low-cost security insurance programs. You will learn more about one such program, the Pradhan Mantri Suraksha Bima Yojana, through this article. Reading this article will provide you with knowledge about the Suraksha Bima Yojana online application. In addition, you will be able to learn about the features, advantages, qualifications, key paperwork, and other aspects of this program.
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PM Suraksha Bima Yojana 2024
On May 8, 2015, our nation’s prime minister, Narendra Modi, announced the Pradhan Mantri Suraksha Bima Yojana. This program provides insurance coverage in case of an accident.The applicant must pay a premium of ₹ 12 annually in order to receive the benefits of the Pradhan Mantri Suraksha Bima Yojana. In the event that the insured individual passes away, the nominee receives the insurance payout. Moreover, the insurance amount is also paid back in the event that an individual has a permanent disability.
This coverage provides an insurance payout of ₹ 100,000 to ₹ 200,000 in the event of an accident. The Suraksha Bima Yojana is only available to those between the ages of 18 and 70. Prior to June 1st, the premium amount is annually taken out of the bank account. Activating the auto debit option on the bank account is necessary to avail the benefits of this plan.
Information about PM Suraksha Bima Yojana
|name of the scheme
|PM Suraksha Bima Yojana
|By Prime Minister Shri Narendra Modi
|poor people of the country
|providing accident insurance
Objective of PM Suraksha Bima Yojana
As you are aware, a large number of the nation’s citizens are unable to obtain insurance because they are in need of financial assistance. When someone like him passes away in an accident, his family is left in dire straits. In addition, they are all eligible for the Suraksha Bima Yojana if they are unable to pay for any kind of insurance plan offered by private or public sector insurance companies. Under this plan, the insured person’s family or designee receives coverage for the amount insured in the event of the insured person’s death.
PM Suraksha Bima Yojana Premium
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The annual PMSBY premium is Rs. 12. The policyholder’s registered bank account will be automatically debited for it. It is possible that the premium will be reevaluated based on the annual claims history.
Claim Process of PMSBY
If you have a partial or complete handicap, you can file a claim with the PMSBY. Should you pass away, your nominee may submit a claim. The claim amount will be awarded to the policyholder’s legitimate heir if no nominee is found. Below is the procedure for filing a claim.
- Step1: To file a claim, the policyholder or nominee should get in contact with the bank or insurance provider where the policy was bought.
- Step2: Obtain and complete the claim form. It will contain information like name, address, phone number, hospital data, and so forth. The PMSBY claim form is available for free download on the Jansuraksha website. The form is accessible in other languages, including Telugu, Punjabi, and others.
- Step3: In the event that the nominee raises a claim, submit the completed form along with the necessary supporting paperwork, such as a disability or death certificate.
- Step4: The details will be verified by the insurance provider.
- Step5: The claim will be paid and the claim amount transferred to the designated bank account if the documents prove to be accurate.
PM Suraksha Bima Yojana termination
You can participate in the Suraksha Bima Yojana up till the age of 70. The Pradhan Mantri Suraksha Bima Yojana would end once the beneficiary reaches 70 years of age or above. The Pradhan Mantri Suraksha Bima Yojana will end even if the beneficiary has closed the bank account. In the event that the beneficiary’s account balance is insufficient to cover the premium, this scheme will also terminate the account.
Amount given in PMSBY
|2 lakh rupees
|complete and irreversible blindness in both eyes, loss of movement in both arms and legs, or blindness in one eye along with paralysis in that limb.
|2 lakh rupees
|Complete loss of vision in one eye, with little chance of recovery, or impairment of one arm or leg
|1 lakh rupees
Benefits of PM Suraksha Bima Yojana
- All facets of the nation’s population will profit from this program, but the underprivileged and backward segments will gain the most.
- if someone perishes in an automobile accident or any other kind of mishap. Therefore, the government will give his family accident insurance up to Rs 2 lakh.
- A coverage of Rs 1 lakh is offered in the event of a permanent partial disability.
- He is provided with up to Rs 1 lakh in insurance coverage in the event that an accident renders him temporarily incapacitated.
- An yearly premium of Rs 12 would be required from the policyholder under the Pradhan Mantri Suraksha Bima Yojana. He won’t be eligible for security insurance till after that.
- In addition, if they are not
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Suraksha Insurance Scheme Terms and Conditions
- The program is eligible for annual renewal.
- Under the Accident Insurance Scheme, insurance coverage will be offered in the event of an accident-related death or disability.
- This program will first be offered by general insurance companies in the public sector.
- For the purpose of implementing the program for their clients, the participating banks are free to use the services of any such general insurance provider.
- The beneficiary must be between the ages of 18 and 70 in order to receive benefits from this scheme.
- A person can only use one savings account to profit from this scheme if they have multiple savings accounts.
- The insurance coverage will run from June 1 through May 31 for a predetermined one-year term.
- The candidate is eligible to receive the
Termination of cover under Pradhan Mantri Suraksha Bima Yojana
- The grave will close whenever a person reaches the age of seventy.
- should the amount required to pay the premium be exhausted in the beneficiary’s bank account.
- If a member joins the program using multiple accounts and the insurance company gets the money, the insurance coverage will be limited to that one account, and the premium may be confiscated.
- In the event that the necessary premium is not paid by the deadline, the insurance coverage ends.
Eligibility for Prime Minister Suraksha Bima Yojana
- The applicant must reside in India.
- A candidate for the Pradhan Mantri Suraksha Bima Yojana must be between the ages of 18 and 70, but no older than that.
- To be eligible for consideration, the individual needs to have an active savings account.
- For the policy premium to be automatically withheld, the applicant must sign a consent letter.
- The whole twelve premiums will be deducted all at once on May 31st of each year.
- If you close the bank account, the coverage will expire.
- The insurance cannot be renewed if the premium is not deposited.
Documents of PM Suraksha Bima Yojana
- applicant’s aadhar card
- identity card
- bank account passbook
- age certificate
- income certificate
- mobile number
- passport size photo
How to apply for Pradhan Mantri Suraksha Bima Yojana?
Any bank branch can accept applications from interested parties for the Pradhan Mantri Suraksha Bima Yojana. This program offers rewards to recipients nationwide.
- First and foremost, you must visit Prime Minister Security’s official website in order to download the application.
- You will see the home page after accessing the official website.
- You must select the Forms option that is shown on this home page. The following page will load on your computer screen after you select the option.
- You must select Prime Minister Suraksha Bima’s selection on this page. You will then need to select the “Apply” option.
- Next, the application form’s PDF will appear in front of you. After downloading the application form in PDF format, you must fill it out with all the requested information, including your name, address, Aadhaar number, email address, and so on.
- After completing all the required fields, you
Process to check PM Suraksha Bima Yojana application status
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- To access the Pradhan Mantri Suraksha Bima Yojana official website, click here.
- You will now be able to view the main page.
- The link to check the status of your application will be on the home page.
- This will bring up a new page for you.
- The Application Number must be entered on this page.
- Clicking the Search button is now required.
- Your computer’s screen will display the status of the application.
Process to check state wise toll free number
- To begin with, you must visit Suraksha Bima Yojana’s official website.
- You will now be able to view the main page.
- You need to click on the “Contact” tab located on the homepage.
- Clicking on the state-specific toll-free number link is now necessary.
- Once you click on this link, state-specific toll-free numbers will appear.
We hope that this post has given you all the essential information about the Pradhan Mantri Suraksha Bima Yojana. By calling the helpline number, you can get your issue resolved if you’re still having issues. 18001801111/1800110001 is the hotline number.
Q: What is Pradhan Mantri Jeevan Suraksha Bima Yojana?
Ans:- provides Rs. 1 lakh in the case of a permanent partial handicap, Rs. 2 lakh in the event of an accidental death, and Rs.
Q: What is the benefit of Prime Minister Suraksha Bima?
Ans:- A claim for the insurance sum may be filed in the event of an accident-related death or disability. This provides insurance coverage up to Rs 2 lakh.
Q: When will you get the benefits of Pradhan Mantri Jeevan Jyoti Bima Yojana?
Ans:- Benefits from this insurance coverage become accessible 45 days after the policy is taken out.
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