8 Insurance Schemes Launched By PM Narendra Modi

Launched on 10th August 2000 by Life Insurance Corporation.
Janashree Bima Yojana replaced social security group insurance schemes (SSGIS) and Rural Group Life Insurance Scheme(RGLIC)
Provides for an insurance cover of Rs.30000 on natural death, Rs.75000 on permanent disability to accident and Rs.37500 on partial disability.
The Premium is Rs.200 per member per annum.
45 occupational groups having 25 members.
For both Rural and Urban people
For BPL and marginally above BPL people.
50% of finance is met out of social security fund.

Launched on 2nd October 2007.
It was launched by LIC for rural landless households at Shimla.
Premium fixes at Rs.200 per person per annum to be shared equally by centre and the states.
The age covered is 18years to 59 years
Death or Permanent disability Rs. 75000, Partial disability Rs37500
For Rural landless household.
Head of the family or one carring member in the family of rural landless
Free add-on benefit for children of the members of Aam Aadmi Bima Yojana.

Launched from the year 2003-2004 for improving the healthcare access to the poor families.
Launched by four public sector general insurance company.
Export credit Gurantee Corporation (ECGC) and the Agriculture Insurance Company (AIC) are the specialised insurers.

Launched on 1st October 2007.
Provides smart-card based casters health insurance cover Rs.30000 per family per annum to BPL families (a unit of five) in the unorganised sector.
The premium is shared in 75:25 between the center and the states.
For BPL families (A unit of five)
For unorganised sectors.
It’s a smart card based cashless health insurance, cover Rs.30000 per annum of insurance or family floats basis.
It also cover migrant workers.
It was for 5years from 2008 to 2013.
It cover all pre-existing diseased, maternity benefit, transport cost
It use IT application both private and public service providers for delivering the insurance package
No age limit has been prescribed.

Less the burden of parents in meeting the educational exenses of their children.
For BPL families
Between 9th to 12th Standard.

Launched on 9th May 2015 in 2015 Budget.
Launched by PM Sri Nrendra Modi.
It targeted at the Unorganised Sectors.
It has fixed pension for the Insurer ranging between Rs1000 to Rs.5000, If he joins and contributes in between 18years to 40 years, till they turn 60 Years.
This scheme is open to all bank account holders who are not a members of any statutory social security scheme.
The Minimum and Maximum age of Atal pension Yojana is 18 years & 40 Years
The Minimum period of this scheme i.e. Atal Pension Yojana is 20 years or more.

It was launched in 9th May 2015.
It was formally lauched by PM Sri Narendra Modi.
It foused mainly on Accidental Death and disability of a person.
It will cover Rs.2 lakh on Accidental Death and disability of a person
The costs of Premium is Rs.12 per year as mentioned.
The scheme can be used by anyone who has a saving bank account in the banks that offer this Pradhan Mantri Suraksha Bima Yojana Scheme.
This scheme is specially for drivers, security guards, news-paper vendors, etc. other than who are exposed to the risk of accidental death or disability.

This scheme was launched on 9th May 2015.
It was formally launched by PM Sri Narendra Modi.
This scheme is a pure protection term insurance cover which plays Rs.2Lakh on the event of the policy holder’s death.
The Premium of this policy Rs.330 per year.
The basic eligibility is for Any-one in-between 18-70 years who has a saving bank account in a bank.