Pradhan Mantri Suraksha Bima Yojana (PMSBY): Affordable Accident Insurance through India Post
India Post, a trusted name in financial services, brings the benefits of Pradhan Mantri Suraksha Bima Yojana (PMSBY) to Post Office Savings Account holders. This accident insurance scheme offers a safety net against unforeseen accidents, ensuring financial security for families during difficult times.
What is PMSBY?
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accident insurance scheme designed to provide coverage for accidental death or disability. With its minimal premium and extensive benefits, this scheme is a step towards financial inclusion and security for individuals across India.
Benefits of PMSBY
Financial Protection in Adverse Events
- PMSBY helps reduce the financial impact of accidents by providing compensation for accidental death or disability.
- Coverage Details:
- Accidental Death or Total Disability: ₹2 lakh
- Partial Disability: ₹1 lakh
Affordable Annual Premium
- The annual premium for PMSBY is just ₹20, making it accessible to all income groups.
- The premium is conveniently auto-debited from the account holder’s Post Office Savings Account, ensuring seamless payment.
Eligibility Criteria
- Age Requirement: Account holders aged 18 to 70 years are eligible for the scheme.
- Account Type: All Post Office Savings Account holders can enroll in PMSBY.
This inclusive approach ensures that a wide demographic benefits from this essential safety measure.
Why Enroll in PMSBY?
- Affordable Coverage: At just ₹20 per year, PMSBY provides comprehensive accident insurance, offering peace of mind to account holders and their families.
- Easy Enrollment: By linking the scheme to Post Office Savings Accounts, India Post simplifies access to accident insurance.
- Nationwide Reach: With India Post’s extensive network, PMSBY is accessible to individuals across urban and rural India.
How to Get Started?
Visit your nearest India Post Office or check the official website for more details: www.indiapost.gov.in. Enroll today and secure your future with PMSBY.
With PMSBY, India Post reaffirms its commitment to financial security and inclusion, ensuring that every individual has access to affordable accident insurance.
