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image   PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA [PMJJBY]

FEATURES

Plan Type Group Term Insurance Plan linked to Saving Bank Account
Insurance Company M/s SUD Life Insurance.
Entry Age Minimum :- 18 years
Maximum :- 50 years
Tenure of Policy 1 year, Renewal every year ,
Maximum upto the age of 50 years (as on last birthday).
Sum Assured (SA) Rs. 2 Lac
Scheme Launch Date 1st June 2015
Anniversary Date 1st June every year.
Coverage Death due to any cause.
Benefits
  • In case of Death :- Sum Assured
  • Other Case: -The scheme is Pure Term Insurance product, with No maturity benefit /bonus will be applicable payable.
Premium Rates Rs  330/-
Please note that full premium is payable irrespective of day of joining the scheme.
Master Policy Holder: Union Bank will be the Master policy holder on behalf of the participating customers

DETAILS


CLAIM PROCESS

FAQS


APPLICATION FORM


AMENDMENT


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