Pradhan Mantri Jeevan Jyoti Beema Yojana (PMJJBY) is a life insurance scheme backed by the union government. In case of death of the insured person, the nominees can claim Rs 2 lakh. As per Finance Minister Nirmala Sitharaman, around 5.91 crore people were enrolled under this scheme until 2019. Here is how a nominee can file a claim under this scheme:
The nominee must ensure that he/she has the death certificate of the policyholder. Following it, the nominee can download the claim form from the jansuraksha website.
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It is a credit agreement made with a bank that allows an account holder to use or withdraw more money than what they have in their account, but it is limited to the approved limit.
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Published: May 31, 2021, 17:04 IST
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