PM JEEVAN JYOTI BIMA YOJANA:

 Bank account holders aged between 18 and 50 years are eligible to apply for this scheme. Less than Re. 1 a day or an annual premium of Rs. 330 is what you need to pay to get a life cover of Rs. 2 Lacs. No matter what your age is, the premium is fixed at Rs. 330 for a life cover of Rs. 2 lac. This annual premium of Rs. 330 has been fixed for the first three years from June 1st 2015, to May 31st 2018, after which it will again be reviewed based on the insurers’ annual claims experience. Annual premium of Rs. 330 will get deducted from your savings bank account through auto-debit facility. The scheme would be offered/administered by the Life Insurance Corporation (LIC) and other life insurance companies like SBI, ICICI, etc. through their tie-ups with the interested banks like SBI, ICICI, Canara Bank, etc. Participating banks are free to engage any such life insurance company for implementing this scheme for their subscribers. So, if you are still not registered under these schemes, Register today as they are very easy to apply, free of cost, extremely profitable and Govt. assured schemes and provide a cover of whooping 5 Lac Rupee.