PM Suraksha Bima Yojana 2026 : What are the benefits of this scheme? The Pradhan Mantri Suraksha Bima Yojana 2026 is an accident insurance scheme that provides accidental death and disability cover for death or disability due to an accident. ₹20/- per year for each member.
The premium will be deducted from the account holder’s bank/post office account through the ‘auto debit’ facility on or before June 1st of each annual coverage period under the scheme. Coverage under PMJJBY is valid for one year from June 1st to May 31st upon payment of the annual premium. Cessation of Accident Cover Assurance
The member’s accident cover will terminate/be limited upon any of the following events: Age 70 years (age near birthday). Closure of bank account or insufficient balance to maintain the insurance. If a member is covered under PMSBY through more than one account and the insurance company receives the premium in error, the insurance cover will be reduced to Rs. The limit will be Rs 2 lakh.
Benefits of Pradhan Mantri Suraksha Bima Yojana 2026
In case of death, the nominee will receive Rs 2 lakh. In case of total and irreparable loss of both eyes or loss of use of both hands or feet or loss of sight in one eye and loss of use of one hand or foot, the customer will receive Rs 2 lakh. In case of total and irreparable loss of sight in one eye or loss of use of one hand or foot, the customer will receive Rs 1 lakh.
PM Suraksha Bima Yojana 2026 : Eligibility
PM Suraksha Bima Yojana 2026 Eligibility Individual bank account holders of participating banks who are between 18 years (completed) and 70 years (age nearer to birthday) and who give their consent to enable/join auto-debit will be included in the scheme.
PM Suraksha Bima Yojana 2026 Application Process
Online
PM Suraksha Bima Yojana 2026 One can also avail cover under PMSBY online by using the net banking facility of their bank.
Offline
To enroll in PMSBY offline, one can visit the bank branch where they have a savings account, or download the form from the official website https://jansuraksha.gov.in/Forms-PMSBY.aspx.
After downloading the application form, candidates can fill in all the details and submit it to the bank along with the required documents. Once successfully submitted, the subscriber will receive an acknowledgement slip cum certificate of insurance.
Toll-free number – https ://jansuraksha.gov.in/files/STATEWISETOLLFREE.pdf
National toll-free number – 1800-180-1111 / 1800-110-001
Who can claim insurance benefits upon the death of the bank account holder who submitted the enrolment form?
In the event of the death of the account holder who enrolled in the scheme, the claim can be filed by the nominee/appointee as per the enrolment form or, if no nomination has been made by the subscriber bank account holder, by the legal heir.
