Digital India Corporation(DIC)Ministry of Electronics & IT (MeitY)Government of India® Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 10 Years of Empowering Indian Families 8th May, 2025 PM Jeevan Jyoti Bima Yojana is a 1-year life insurance scheme that aims to provide social security cover to people of India and offers financial assistance to the next of kin in case of the death of an insured person. on PRADHAN MANTRI JEEVAN JYOTI B . MA YOJANA Q1. What is the nature of the scheme? The scheme will be a one year cover Term Life Insurance Scheme, renewable from year to year, offering l. in. urance cover for death due to any reason. Q2. What would be th. benefits under the scheme and premium payable? Rs.2 lakhs is paya. le on a subscriber .