Insurance Scheme in India: To Help People in Need

Insurance Scheme in India: To Help People in Need

There are several Insurance scheme in India to help people in their need. Today let’s talk about these schemes and the facilities provided by these Insurance scheme in India.

Who can avail the insurance scheme in India

Who can avail the insurance scheme in India?

Insurance scheme in India such as Pradhan Mantri Jeevan Jyoti Bima Yojana (OMJJBY) are available to people between ages 18-50 who has bank account. He or she has to be a citizen of India. Must have both pan card and aadhar card.

Premium details

In case of insurance scheme in India one will have to pay a certain amount of money at a time or twice in year or monthly or yearly. Most importantly this scheme is GST exempted. To get this facility you will have to apply first. Once you avail the insurance then the bank will debit the amount automatically. On insured persons death the nominee will get the due amount.

There are many more schemes available in India. These are:

  • Ayushman Bharat health scheme:  PM Narendra Modi has announced this scheme on Independence Day this year. This scheme has launched on 23rd September, 2018. This is one of the world’s largest government funded health care schemes. This insurance scheme in India aims to cover around 50 crore people. It has decided to give INR 5 lakh per family per annum.

These insurances don’t pay for suicide or attempt to suicide, intentional self-injury, Excessive amount of intoxication liquor or drugs intake etc. For more details, please refer the Master Policy wordings.

Keep yourself updated with these insurance scheme in India to avail maximum profit.

Check Related Insurance Article :-


Please enter your comment!
Please enter your name here