In India, the government offers various insurance schemes for its citizens. Some of these schemes are:
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Atal Pension Yojana (APY)
Pradhan Mantri Fasal Bima Yojana (PMFBY)
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Pradhan Mantri Jeevan Jyoti Bima Yojana is a life insurance scheme that offers a financial cover to the policyholder in case of his/her untimely death. The scheme is available to all citizens of India between the ages of 18 and 50 years.
- Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Pradhan Mantri Suraksha Bima Yojana is an accident insurance scheme that offers a financial cover to the policyholder in case of accidental death or disability. The scheme is available to all citizens of India between the ages of 18 and 70 years.
- Atal Pension Yojana (APY)
Atal Pension Yojana is a retirement planning scheme that offers a guaranteed monthly pension to the policyholder after he/she reaches the age of 60 years. The scheme is available to all citizens of India between the ages of 18 and 40 years.
- Pradhan Mantri Fasal Bima Yojana (PMFBY)
Pradhan Mantri Fasal Bima Yojana is an agricultural insurance scheme that offers a financial cover to farmers in case of crop failure due to natural calamities. The scheme is available to all citizens of India who are engaged in agricultural activities.