A government-backed life insurance scheme in India for people between 18 and 50 years with bank accounts. It offers a sum insured of ₹2 lakh in case of death, but has faced challenges during the COVID-19 crisis due to low awareness, claim process and documentation issues. They informed her that her husband had been enrolled in the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). He had paid ₹330 as an annual premium which means Radha is now eligible for ₹2 lakh as life insurance compensation. It gave her hope to stand again, live again and start her life fresh. Digital India Corporation(DIC)Ministry of Electronics & IT (MeitY)Government of India® on PRADHAN MANTRI JEEVAN JYOTI B . MA YOJANA Q1. What is the nature of the scheme? The scheme will be a one year cover Term Life Insurance Scheme, renewable from year to year, offering l. in. urance cover for death due to any reason. Q2. What would be th. benefits under the scheme and premium payable? Rs.2 lakhs is paya. le on a subscriber .
