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Pradhan Mantri Suraksha Bima Yojana (PMSBY) – The Complete Guide

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Rain patel
Pradhan Mantri Suraksha Bima Yojana (PMSBY) – The Complete Guide

This scheme targets all SB account holders and provides insurance cover to all savings account holders in the age group of 18 – 70 years.

If the subscriber dies in an accident or totally disabled, the sum of the amount up to 2 Lakh insurance cover is payable to the nominee of the subscriber.

If an accident leads to total, irrecoverable loss (Loss of both hands and feet, or both eye sights) to the subscriber, then he/she will get Rs.

Whatever, by subscribing accidental insurance coverage, you can be rest assured that your family will better in terms of financial aspects, if something badly happens to you accidently.

In such a case, if the subscriber is covered through more than one account, then the insurance agency will restrict the number of accounts to ONE.

In PMSBY Scheme, the accidental insurance will cover for deaths caused by an accident and confirmed by documentary evidence.

https://www.justwebworld.com/pradhan-mantri-suraksha-bima-yojana/

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