Centre urges states to extend enrolments beneath flagship insurance coverage schemes

The Centre has advised states to extend enrolments beneath its flagship micro insurance coverage schemes as a part of the three-month marketing campaign to spice up protection beneath the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY).

The problem used to be taken up at a gathering of monetary services and products secretary Vivek Joshi with leader secretaries of all states and union territories, stated an professional unencumber on Tuesday.

At this time, there are 83 million energetic enrolments beneath PMJJBY and 239 million beneath PMSBY. Claims of Rs 15,500 crore had been paid beneath those schemes. Joshi will dangle a identical assembly with heads of public sector banks on April 13. The Centre has introduced a three-month marketing campaign from April 1 to June 30 to spice up enrolments beneath the 2 insurance coverage schemes.