Government of India launched Pradhan Mantri Jeevan Jyoti Bima Yojna on 9th May, 2015. Benefits and payouts Pradhan Mantri Jeevan Jyoti Bima Yojna offers a death benefit to the nominee in case of the insured's demise during the policy year. Successes and challenges Pradhan Mantri Jeevan Jyoti Bima Yojna has witnessed significant success in terms of enrollment numbers, with millions …
The deadly Covid-19 pandemic has wreaked havoc and has adversely impacted our normal ongoing lives with many people losing their loved ones. Prime Minister Jeevan Jyoti Bima Yojna is a ray of hope for people who have lost their family members to COVID-19 and makes them eligible for Rs 2 lakh insurance amount. Prime Minister Jeevan Jyoti Bima Yojna has …
Life Insurance Corporation of India has launched a non-linked, non-participating, individual savings plan called Bima Jyoti. LIC Bima Jyoti key features: LIC Bima Jyoti is a Non-linked, Non-participating, Individual, Limited Premium Payment, Life Insurance Savings Plan. Under this plan, Guaranteed Additions shall accrue at the rate of Rs.50 per thousand Basic Sum Assured at the end of each policy year …
