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PRADHAN MANTRI SURAKSHA BEEMA YOJNA PROVES BENEFICIAL FOR A FAMILY

p8* THEIR FAMILY MEMBER HAD PASSED AWAY IN A ROAD ACCIDENT

* DECEASED WAS INSURED UNDER THIS SCHEME

* HIS FAMILY MEMBERS HANDED OVER A CHEQUE OF RS 2 LAKH

Ludhiana, July 15: The Pradhan Mantri Suraksha Beema Yojna proved beneficial for a family whose family member had passed away in an unfortunate road accident few days back. As the deceased was insured under the Pradhan Mantri Suraksha Beema Yojna, his family members were handed over a cheque of Rs 2 lakh.

One Mr Tarlochan Singh, who was a customer of Punjab & Sind Bank, Jodhan, District Ludhiana, passed away in a road accident. His wife Smt. Ranjit Kaur lodged a death claim under Pradhan Mantri Suraksha Beema Yojna on July 10 2015. The claim was settled within three working days by the joint efforts of Sh. Ravinder Kumar, Manager Punjab & Sind Bank, Jodhan and New India Assurance Company Ltd.

Mr Manjit Singh Jaggi, Lead Bank Manager, Ludhiana, informed that the deceased belonged to an economically weaker section of society and his son Sh. Umanmol Preet Singh was also seriously injured in the same road accident and is under going treatment at Guru Teg Bahadur Hospital Ludhiana.

He informed that the family was in dire need of money and in this hour of need, after speedy and immediate settlement of death claim of an amount of Rs Two lakh, was handed over to the wife of deceased at village Dolon Kalan by Sh. Virinderjit Singh Virk, Zonal Manager, Ludhiana and Sh. Surjit Singh Hira, DGM, New India Assurance Co. Ltd. Ludhiana. “Though it could not bring back her husband yet this money could be a great relief to the family,” said Mr Manjit Singh Jaggi.

BOX: What is Pradhan Mantri Suraksha Bima Yojana (for Accidental Death Insurance)?:

Eligibility: Available to people in age group 18 to 70 years with bank account.
Premium: Rs 12 per annum.
Payment Mode: The premium will be directly auto-debited by the bank from the subscribers account. This is the only mode available.
Risk Coverage: For accidental death and full disability – Rs 2 Lakh and for partial disability – Rs 1 Lakh.
Eligibility: Any person having a bank account and Aadhaar number linked to the bank account can give a simple form to the bank every year before 1st of June in order to join the scheme.
Terms of Risk Coverage: A person has to opt for the scheme every year.

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