Launched on May 09, 2015, Pradhan Mantri Suraksha Bima Yojana ( PMSBY ) is an accident insurance scheme that covers accidental death, permanent disability and partial disablement. Pradhan Mantri Suraksha Bima Yojana ( PMSBY ) Apply Now Benefits Features Eligibility Pradhan Mantri Suraksha Bima Yojana ( PMSBY ) provides one-year accidental insurance coverage to people in the age group of 18 to 70 years at a yearly premium of Rs. 20 per year. Rs. 2 lakh will be provided in the event of death or permanent disability of an insured person, and Rs. 1 lakh will be provided in the event of partial disability of an insured person. Read here the complete details about the scheme. State Bank of IndiaPRADHAN MANTRI SURAKSHA BIMA YOJANA ( PMSBY )
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