Date of Launching 9th May 2015 PM Jeevan Jyoti Bima Yojana was established to provide life insurance security to the poor and low-income section of the society. This scheme can be availed by people aged between 18 years to 50 years. They must have a bank account to be eligible for Pradhan Mantri Jeevan Jyoti Bima Yojana. Anyone who joins the scheme before completing of 50 years, will have the risk of life cover up to the age of 55 years subject to payment of premium. In case of the death of the insured person, the next eligible beneficiary is provided with a death benefit including a death coverage of Rs. 2,00,000. Being a pure term insurance scheme, the Pradhan Mantri Jeevan Jyoti Yojana does not offer any maturity.
Payment under a contract is made in consideration to which among the following?
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Financial product under IFSCA Act 2019 does not include
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IFSCA, with support from GoI, has instituted a flagship thought leadership event, “InFinity Forum” as an annual feature beginning in 2021. This even...
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_________ is partial or complete disposal by sale, swap, close or bankruptcy of a business entity.