ROLE OF PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA - A CASE STUDY

ABSTRACT

Pradhan Mantri Jeevan Jyoti Bima Yojana was started with the aim of insuring social security for all Indians, especially the poor and the under privileged. The PMJJBY scheme was introduced on 1st June 2015 with the life coverage of Rs.2,00,000 with an annual premium of Rs.330. The scheme provides social security for their families even after the death of a policyholder between the ages of 18 and 50 years. The present study analyses the performance and silent features of Pradhan Mantri Jeevan Jyoti Bima Yojana. The study was based on secondary data collected from different websites and IRDA Journals.