Excelsior Correspondent
JAMMU, July 19: The Life Insurance Corporation of India (P&GS) Jammu unit held an awareness meeting of Prime Minister Jeevan Jyoti Bima Yojana (PMJJBY) with Member Parliament, Jugal Kishore Sharma, here today.
The LIC officials –TS Bali, Senior Divisional Manager, Divisional Office Srinagar, HL Pandita, Senior Branch Manager (P&GS) Unit Jammu and Kuldeep Bhat, Administrative Officer (P&GS) Jammu, briefed the Minister about the implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana and the claim procedures i.e. settlement of death claims under the scheme.
The scheme provides risk cover of Rs 2 lakh to bank account holder between 18 yrs to 50 yrs of age, due to accident or natural death with a very low premium of Rs 330 per annum.
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