PM Jeevan Jyoti Bima Yojana (PMJJBY)
Why this scheme matters now
PM Jeevan Jyoti Bima Yojana (PMJJBY) is a Insurance initiative targeting residents across India. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a one-year life insurance scheme, renewable from year to year, offering coverage for death due to any reason Applications are routed through the official portal, so save the link for reference.
Available across states, yet district offices may still ask for local attestations.
📌 About This Scheme
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a one-year life insurance scheme, renewable from year to year, offering coverage for death due to any reason. It is available to people in the age group of 18 to 50 years who have a savings bank account and give their consent to join and enable auto-debit. The scheme provides a life cover of ₹2 lakh to the nominee in case of the death of the insured person. The premium is highly affordable at just ₹436 per annum, which works out to approximately ₹1.20 per day, making it one of the most accessible life insurance products in the world. The assurance remains valid until the age of 55, provided the premium is paid regularly. PMJJBY is designed to provide financial security to families, especially those in the lower-income groups who may not be able to afford traditional private life insurance policies. By providing a substantial sum to the family in the event of the untimely demise of a breadwinner, the scheme prevents households from falling into extreme poverty or debt. The simplicity of the scheme—requiring only a bank account and Aadhaar—ensures that it can reach even the most remote rural areas. It is administered through various Life Insurance companies and banks. The enrollment period is from June 1st to May 31st of the following year. For those joining mid-term, a pro-rata premium is applicable based on the quarter of enrollment. This initiative is a core part of the government's social security mission, ensuring that every Indian citizen, regardless of their financial status, has the dignity of life insurance protection for their loved ones.
📄 Required Documents
- ✓Aadhaar Card
- ✓Savings Bank Account / Post Office Account
- ✓Consent for Auto-debit
- ✓Mobile Number
🛠️ How to Apply
Snapshot insights
Timeline snapshot
Launched on 04 Sept 2015
Documents to gather
Prepare 4 docs such as Aadhaar Card, Savings Bank Account / Post Office Account, Consent for Auto-debit, ….
Official source
Verify the latest notification at https://jansuraksha.gov.in.
- ▸Specifies 4 documents, making it easier to collect proof ahead of time.
- ▸Direct application link is recorded so you can jump to the source notice quickly.
- ▸Rolled out from 04 Sept 2015, so the timeline is clear.
- ▸Pan-India coverage ensures the scheme is available widely.
- ▸Closing date is not listed yet, so keep following the official source for updates.