RULES FOR THE PRADHAN MANTRI SURAKSHA BIMA YOJANA (With effect from 1.6.2022) DETAILS OF THE SCHEME: PMSBY is an Accident Insurance Scheme offering accidental death and disability cover for death or disability on account of an accident. It would be a one-year cover, renewable from year to year. The scheme would be offered / administered through Public Sector General Insurance Companies (PSGICs) and other General Insurance companies willing to offer the product on similar terms with necessary approvals and tie up with Banks / Post office for this purpose. Participating banks / Post office will be free to ...
PRADHAN MANTRI SURAKSHA BIMA YOJANA (PMSBY) FREQUENTLY ASKED QUESTIONS 1. What is the nature of the scheme? The scheme will be a one year cover Personal Accident Insurance Scheme, renewable from year to year, offering protection against death or disability due to accident. 2. What would be the benefits under the scheme and premium payable? The benefits are as follows: Details of Benefits – Event due to Accident Sum Insured a. Death Rs. 2 Lakh b. Total and irrecoverable loss of both eyes or loss of use of both Rs. 2 Lakh hands or feet or loss of sight of ...
CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED nd Registered Office: 2 Floor, “DARE House”, 2, N.S.C. Bose Road, Chennai – 600 001. Toll free: 1800 208 9100, T: +91 (0) 44 4044 5400, F: +91 (0) 44 4044 5550 E: customercare@cholams.murugappa.com; website: www.cholainsurance.com IRDA Regn. No.123; PAN AABCC6633K CIN U66030TN2001PLC047977 Pradhan Mantri Suraksha Bima Yojana IRDAI/HLT/CHSGI/GOVT. SCHEME-PMSBY/40/2015-16 Master Policy Schedule and Wording Master Policy Number: Name of the Group Manager: Address of the Group Manager: Period of Insurance: From hrs dd/mm/yyyy to midnight of dd/mm/yyyy Details of Insured Persons: Savings Bank Account Holders ...