Launch Date: 9.5.2015
Objective: To provide a very affordable insurance scheme for the poor and underprivileged people in the age group of 18 to 70 years with a bank account at a premium of Rs.12 per annum; with risk coverage of Rs.2 lakhs for accidental death and full disability and Rs.1 lakh for partial disability.
Achievements:
- Around 10 crore people (as 12th April,2017) enrolled under Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- Accident insurance worth Rs. 2 lakh at just Rs. 12 per annum
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