Explanation:

PMJJBY is available to people in the age group of 18 to 50 years ( life cover up to age 55) having a savings bank account who give their consent to join and enable auto-debit.

Termination of assurance: The assurance on the life of the member shall terminate on any of the following events and no benefit will become payable there under: - On attaining age 55 years (age near birth day) subject to annual renewal up to that date (entry, however, will not be possible beyond the age of 50 years).