Saral Jeevan Bima Yojana 2022

Let us tell you that the age of the applicant for Saral Jeevan Bima Yojana should be between 18 years to 65 years. The maturity age of the policy has been kept by the insurance company at 70 years. The policy is divided into 3 parts namely: Regular Premium (Regular Insurance Installment), Limited Premium Paying Period which will be for 5 to 10 years and Single Premium . Whenever the applicant buys the policy, his waiting period of 45 days will be considered. If the applicant dies after 45 days, then the insurance cover will be provided to the nominee made by him. The duration of the scheme has been fixed from 4 to 40 years.

Objective of the plan

The goal of Saral Jeevan Bima Yojana is that all the citizens of the country, whether they are low income or high, by getting the benefit of the scheme. Conditions and rules have been laid under the scheme, in which the insurance premium will be collected by the insurance company and the benefit will be provided to the beneficiary after the completion of the premium period. If any insured dies beforehand, then the sum insured will be given to his family so that the financial condition of his family does not deteriorate further and they do not have to face any trouble.

When was the Saral Life Insurance Scheme started?

Saral Jeevan Bima Policy was started on 1st April 2021. Citizens will be given insurance by the insurance company with easy terms and conditions. Applicants can take advantage of the scheme only if they pay the insurance installment within a month, 4 months (Quartelli), 6 months, 1 year. Under the scheme, on the death of the insured, the insurance cover amount will be provided to the nominee.

Benefits and features of Saral jeevan beema yojana

To know about the benefits of Saral Jeevan Bima Yojana, read the points given by us carefully.

• If the applicant buys insurance through online mode, then a discount of 20% will be provided to him by the insurance company.
• Under the scheme, the insurance cover amount to the applicant has been kept from Rs 5 lakh to Rs 25 lakh.
• Under the scheme, the insurance company provides insurance according to the annual income of the applicant.
• Applicants can easily apply for the scheme through online medium through their mobile and computer.
• If any person commits suicide under Saral Bima Yojana, then this claim amount will not be provided to him.
• Under the scheme, on the death of the insured, the insurance cover amount will be provided to the nominee.
• There is no provision for any place, residence, gender, business, educational qualification (PROVISION) to buy Saral Jeevan Bima Yojana .
• The beneficiary can buy the insurance policy as per his/her situation.
• The maturity age of the policy has been kept by the insurance company at 70 years.
• Saral Jeevan Bima Yojana was launched by the insurance company on 1st April 2021.

Eligibility for the scheme

If you also want to buy an insurance policy, then it is very important for you to know the eligibility of the scheme, if you know the eligibility then you will be able to apply easily. We are going to tell you about the eligibility related to the scheme which is as follows:

1. To apply for the scheme, the applicant must be a citizen of India.
2. It is very important for the applicant to have all the necessary documents while filling the application form.
3. The age of the applicant for Saral Jeevan Bima Yojana should be between 18 years to 65 years.

Required Documents

To fill the application form of the scheme, it is very important for the applicant to have all the important documents, from which he can get the benefit of the scheme. The documents required for the scheme are as follows: