Edelweiss Tokio Life - Pradhan Mantri Jeevan Jyoti Bima Yojana

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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


Check out our features

Benefits so good, they have to be true!

Other Benefits

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

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

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.

 

 

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the minimum entry age for this plan?
18 years (age last birthday)

18 years (age last birthday)

What is the maximum entry age for this plan?
New member: 50 years (age nearest birthday)

New member: 50 years (age nearest birthday)

Renewals: 54 years (age nearest birthday)

What is the maximum Maturity Age?
55 years (age nearest birthday)

55 years (age nearest birthday)

When is the commencement of coverage for a member?
The commencement of coverage for a member is 45 days...

The commencement of coverage for a member is 45 days from the date of enrolment into the scheme

What is the minimum and maximum premium for this product?
The premium payable in the first year...

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, August330
September, October, November258
December, January, February172
March, April, May86
  

* 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

The minimum and maximum sum assured of this plan?
Minimum Sum Assured : Rs 200,000 per member

Minimum Sum Assured : Rs 200,000 per member

Maximum Sum Assured : Rs 200,000 per member                                                                                            

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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Product disclaimer read more
insurance certificate view & download pdf