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Pradhan Mantri Suraksha Bhima Yojana
April 21 , 2018
2283 days
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- The number of subscribers under the Pradhan Mantri Suraksha Bima Yojana has gone up to 13.41 crore.
- Number of enrolments in Pradhan Mantri Suraksha Bima Yojana (PMSBY) has increased from 8.85 crore in 2015-16 to 13.41 crore in 2017-18 through auto-debit under the scheme.
About Pradhan Mantri Suraksha Bhima Yojana
- Launched in May 2015, PMSBY provides a cover of Rs 2 lakh for accidental death or total permanent disability and Rs 1 lakh in case of permanent partial disability.
- The cover period under this scheme is June 1 each year to May 31 of the subsequent year and the accidental insurance policies under implementation with different central government departments have been converged to PMSBY from June 1, 2017.
- PMSBY is offered/administered through both public and private sector general insurance companies, in tie up with banks, regional rural banks and cooperative banks.
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