According to reports, around 1.4% of India’s total GDP is allocated to health (1) This inevitably makes it challenging for people belonging to the economically weaker section to access proper treatment.
PMSBY is a social security scheme that was announced in India’s 2015 budget. Considering the fact that a significant portion of the Indian population does not own a proper insurance cover, this scheme is aimed at providing monetary assistance to the policyholder’s family members.
Wondering how much you can obtain under this scheme?
Well, with a nominal premium amount of Rs.12 per annum, you can get substantial coverage up to Rs.2 lakhs for accidental demise and permanent disability. Check out the features and advantages it includes to know how the scheme can be beneficial for you.