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48 crore Indians enrolled in Rs 2 Lakh accident insurance under PMSBY
The Sunday Guardian
|December 15, 2024
NEW DELHI Nearly 48 crore individuals have enrolled in Rs 2 lakh accident insurance coverage through the Pradhan Mantri Suraksha Bima Yojana (PMSBY), the Finance Ministry said on Saturday.
The Finance Ministry in a social media post on X added that the cumulative enrolment under the PMSBY has been 47.59 crore, and the cumulative number of claims received stood at 1,93,964, while the cumulative number of claims disbursed is 1,47,641.
PMSBY is a one-year accidental insurance scheme renewable from year to year, offering coverage for death or disability due to an accident.
Persons in the age group of 18-70 years having an individual bank or a post office account are entitled to enrol under the scheme.
This story is from the December 15, 2024 edition of The Sunday Guardian.
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