Question

09. Pradhan Mantri Jeevan Jyoti Bima Yojana is to benefit people in case of death. This scheme with a premium of Rs. 330 and coverage of Rs 2 lakh
is available to persons in the age group of
1:18 10 45
2:18 to 50
3:18 to 55
4:20 to 55


1

answers ​

Answer 1

Pradhan Mantri Jeevan Jyoti Bima Yojana Benefits

As PMJJBY is a pure term insurance plan, it does not offer any maturity or surrender benefit. The premium paid towards the policy is eligible for tax benefits as under section 80C of the Income Tax Act. PMJJBY provides a risk coverage of 1 year.