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In line with the Government of India's drive to extend affordable insurance coverage for all Indians, Canara HSBC Life Insurance Company Ltd. presents the Pradhan Mantri Jeevan Jyoti Bima Yojana. This is a non-participating, non-linked, group term insurance plan which provides life insurance coverage to protect your family in case of an unfortunate death without any hassle.
The dreams and aspirations of your loved ones depend on you. Hence it is important to protect these dreams in the time to come, even if you are not around. 'With Canara HSBC Life Insurance Pradhan Mantri Jeevan Jyoti Bima Yojana', you can now ensure the same at an affordable cost.
Master Policyholder's DocumentsMaster Policy Contract Proposal Form
Member DocumentsCertificate of
Sum Assured amount is paid in case of unfortunate death of the member during the period of cover. Please note that the total Life Cover of the member under Pradhan Mantri Jeevan Jyoti Bima Yojana cannot be more than 2 lacs even if the applicant has been insured under this scheme from multiple banks / life insurance companies
There is no surrender/maturity benefit in this scheme.
The plan will be offered to eligible individual bank account holders of Canara Bank. In case of multiple bank accounts held by you in one or different banks, you would be eligible to join the scheme through one bank account only. You can enrol for this Scheme by filling up the Member enrolment form through Canara Bank.
The premium amount will be auto debited from your savings account linked with the scheme. Aadhar will be the primary KYC.
In case of the death of the member, the nominee should raise claim for the same with designated Canara Bank branch or with Canara HSBC Life insurance company.
Kindly note the following: -
2,00,000/- (2 lakhs only)