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Premium revision of insurance schemes
June 4 , 2022
900 days
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- The government has revised the premium rates of its two flagship social security schemes, Pradhan Mantri Jeevan Jyoti Bima Yojana, PMJJBY and Pradhan Mantri Suraksha Bima Yojana, PMSBY.
- Premium rates for PMJJBY have revised to 436 from the earlier premium of 330 rupees per annum.
- For the PMSBY, the revised premium will be 20 rupees instead of the existing 12 rupees per annum.
- This is the first revision in the premium rates since the inception of both schemes in 2015.
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