Pradhan Mantri Jeevan Jyoti Bima Yojana - Edelweiss Tokio Group Life Insurance

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Pradhan Mantri Jeevan Jyoti Bima Yojana - Group Plan
Financial protection at an affordable premium
Edelweiss Tokio Life - Pradhan Mantri Jeevan Jyoti Bima Yojana is a plan designed under the guidelines of Government of India which provides financial protection at an affordable premium of Rs. 330 p.a. This plan is designed to cater to the need of our diversified segment of population
An affordable financial protection, for All..!
This plan comes with a flexibility of no medical test, easy processing & enrolment. The member enjoys a convenience as the premium will be auto debited from their Savings Bank Account, based on the month of joining.
Income Tax benefits are as per prevailing Income Tax Laws and are subject to change.
UIN No: 147G039V01 | ARN: WP/0414/Sep/2019

Benefits so good, they have to be true!

Other Benefits
The member enjoys a convenience as the cover of the members will start from the date of debit of premium from the insured member’s account basis the month of joining and will cease on the following 31st May. The cover can be renewed on 1st June every year by paying the full year’s premium of Rs. 330.
Other Benefits
The member enjoys a convenience as the cover of the members will start from the date of debit of premium from...

Other Benefits
The member enjoys a convenience as the cover of the members will start from the date of debit of premium from the insured member’s account basis the month of joining and will cease on the following 31st May. The cover can be renewed on 1st June every year by paying the full year’s premium of Rs. 330.
Death Benefit
In case of an unfortunate event, a sum assured of Rs. 200,000 (fixed)...

Death Benefit
In case of an unfortunate event, a sum assured of Rs. 200,000 (fixed) is paid for the first application (based on the date of enrollment) and the premium on the subsequent covers is liable to be forfeited.
Here are the rules! Ask us if any doubts.
18 years (age last birthday)
New member: 50 years (age nearest birthday)
Renewals: 54 years (age nearest birthday)
55 years (age nearest birthday)
The commencement of coverage for a member is 45 days from the date of enrolment into the scheme
The premium payable in the first year depends on the month in which the member is enrolled in the scheme for the first time and is provided in the table below:
Month of Entry # | Minimum Premium Payable per member (Rs.)* |
June, July, August | 330 |
September, October, November | 258 |
December, January, February | 172 |
March, April, May | 86 |
* Exclusive of any applicable taxes.
# The ‘Month of Entry’ refers to the month in which the member is enrolled for the first time into the scheme and
applicable for 1st year only. The scheme is renewable by 1st of June every year and the renewal premium will be Rs.330/-
(Rupees three hundred thirty only) and applicable taxes, if any. Any change in the renewal amount as decided from time
to time, shall be intimated immediately.
Maximum Premium: Rs. 330 per member
Minimum Sum Assured : Rs 200,000 per member
Maximum Sum Assured : Rs 200,000 per member
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