PMSBY Pradhan Mantri Suraksha Bima Yojana

Overview of PMSBY

Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a government-backed accident insurance scheme. This is aimed at providing financial security to individuals covering accidental death or disability. This low-cost insurance policy is accessible to all eligible Indian citizens, ensuring widespread coverage and financial protection.

Key Features and Benefits

• Affordable Premium: Annual premium of just ₹20 per year.
• Extensive Coverage:
  • ₹2 lakh for accidental death or total disability.
  • ₹1 lakh for partial disability.
• Eligibility: Available to individuals age between 18 to 70 years with a bank account.
• Easy Enrollment: Can be subscribed through participating banks.
• Renewable Annually: Policy auto-renews each year with an automatic premium deduction from the savings account.

How to Enroll in Pradhan Mantri Suraksha Bima Yojana

1. Visit Your Bank: Enrollment can be done through your bank where you have a savings account.
2. Online Registration: Some banks offer online enrollment via net banking or mobile banking apps.
3. Fill out the Application Form: Provide the required details and consent for auto-debit.
4. Confirmation & Activation: Upon successful processing, coverage starts from June 1st of the policy year.

Claim Process for Pradhan Mantri Suraksha Bima Yojana

1. Notify the Bank/Insurance Provider: Inform the concerned bank or insurance company about the claim at the earliest.
2. Submit Required Documents:
   • Duly filled claim form.
   • Copy of FIR
   • Death certificate
   • Disability certificate (for disability claims)
3. Processing & Settlement: Once verified, the claim amount is disbursed to the beneficiary’s account as per the claim document.

Who Should Apply for Pradhan Mantri Suraksha Bima Yojana?

• Individuals looking for a low-cost accident insurance policy.
• Daily wage workers, labourers, and self-employed individuals who need financial security.
• Anyone seeking additional financial coverage apart from existing insurance policies.

Why Choose Pradhan Mantri Suraksha Bima Yojana?

• Government-backed security ensuring reliability.
• Affordable & accessible for all income groups.
• Simple claim process with minimal paperwork.
• Widespread availability through multiple banking channels.

PMSBY Certificate Download

Get your PMSBY Certificate from the insurer’s website after enrollment at the Branch. For National Insurance Company Limited you can download the certificate by clicking this link

Coverages Under the PMSBY Policy

The nominee or Subscriber will Benefit as per the Scheme as per the detail given below:-

Coverages	Sum Assured
Accidental Death	Rs 2 Lakhs
Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of one hand or foot due to an accident	Rs 2 Lakhs
Total and irrecoverable loss of both eyes or loss of use of both hands or feet or loss of sight of one eye and loss of use of one hand or foot due to an accident	Rs 1 Lakhs

Contact Detail For PMSBY Scheme

For detailed information and queries an individual can contact Nation Toll-Free No 1800-180-1111 / 1800-110-001

Important Link for the Scheme

Description	Link
Application Form	Download Here
Claim Form	Download Here
PMSBY Rule	Click Here
Detail Faq	Download Here
Toll Free No State Wise	Click Here

Enroll Today!

Secure yourself and your family with Pradhan Mantri Suraksha Bima Yojana – India’s most affordable accident insurance scheme. You can visit your nearest bank branch or enrol online through net banking or mobile banking to get covered today!

Frequently Asked Questions about PMSBY

Tags: #PMSBY #AccidentInsurance #GovtScheme #FinancialSecurity #InsuranceForAll

To Know about PMJBY Scheme Click Here