Pradhan Mantri Suraksha Bima Yojana(PMSBY)
The Scheme is available to people in the age group 18 to 70 years with a bank account
who give their consent to join / enable auto-debit on or before 31st May for the coverage
period 1st June to 31st May on an annual renewal basis.
Aadhar would be the primary KYC for the bank account.
The risk coverage under the scheme isRs.2 lakh for accidental death and full disability and Rs. 1 lakh for partial disability.
The premium of Rs. 12 per annum is to be deducted