Central scheme
PM Jeevan Jyoti Bima Yojana (PMJJBY)
Banks and post offices, with LIC and insurersAll India
₹2 lakh life cover for ₹436 a year, auto-debited from your bank account.
What it is
Pays ₹2 lakh to your family on death from any cause. The cover runs June to May and renews each year. PMJJBY has 26.88 crore enrolments.
All IndiaCoverageBank, post office or jansuraksha.gov.inEnrol at₹2 lakh on death, any causePays out
Eligibility at a glance
Age 18 to 50
A bank or post office savings account
Non-accident death in the first 30 days
Key facts
- Covers: Death from any cause
- Claim: Family claims at the bank
- Helpline: 1800-180-1111
!Information only, not financial or legal advice. Final terms are set by the insurer. AgriFolk does not collect any fee.