Get Consent-cum-declaration Form To Be Filled In By Members

A death benefit of Rs 2 lakh is available to the beneficiary of the policy in case of accidental demise of the injured person. Moreover, coverage of Rs. 2 lakh is provided in case of total disability like irrecoverable or total loss of both the eyes, or loss of use of both the hands and feet, paralysis, etc.

Key takeaways. The Pradhan Mantri Suraksha Bima Yojana (PMSBY) provides coverage for accidental death and disability, while Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) provides coverage for death due to any reason.

Steps to be taken by the Nominee in case of death of depositor in accident: 1. Nominee should approach CBS Post Office where the depositor was having the 'Savings Bank Account' through which he / she was covered under PMSBY and collect Claim Form, and Discharge receipt, from the Post Office.

Benefits: Life cover of Rs. 2 Lakh in case of death due to any reason against a premium of Rs. 436/- per annum. Enrolment: Enrolments under the scheme can be done by visiting the branch/ BC point or website of the bank of the account holder or at the post office in case of post office savings bank account.

Who can join Pradhan Mantri Jeevan Jyoti Bima Yojana? All individual (single or joint) account holders of participating banks/post offices, in the age group of 18 to 50 years can join the term insurance scheme. You can visit the website of the bank or post office or branch to enrol in this scheme.

FIR or Panchnama, along with (a) Disability certificate issued by the Civil surgeon and (b) hospital record supporting the same. date, time and cause of death in lieu of (a), (b) and (c) above. card [EPIC] or MGNREGA card or driving license or PAN card or passport.

Immediately after the occurrence of death of the insured member, claim-cum-discharge form shall be submitted by the nominee (or in case the nominee is a minor, his/her appointee1, and in case of no nomination or the nominee pre-deceasing insured member, the claimant2 legal heirs of the insured) to the concerned bank / ...

PMJJBY - Pradhan Mantri Jeevan Jyoti Bima Yojana. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a life insurance scheme valid for one year and is renewable from year to year, offering coverage for death. PMJJBY is a pure term insurance policy, which covers only mortality without any investment component.

ing to PMSBY Scheme, the claim form should be submitted by the beneficiary within 30 days of the accident. Will the subscriber receive any benefit if he or she suffers partial disability due to an accident? Yes, the subscriber will receive Rs. 1 lakh if he suffers from partial disability due to an accident.