What is the benefit under Pradhan Mantri Jeevan Jyoti Beema Yoajan PMJJBY for loss disability for bo...........

Social Security Pension and Insurance

What is the benefit under Pradhan Mantri Jeevan Jyoti Beema Yoajan(PMJJBY) for loss/disability for both the organs (either both hands/legs or eye)?

Rs 50,000

Rs 1,00,000

Rs 2,00,000

No such benefit

Pradhan Mantri Jeevan Jyoti Beema Yoajan(PMJJBY) is a life insurance scheme for death due to any reason.

Minimum Age – 18 years ; Maximum Age – 50 years
Rs.2 lakhs is payable on member’s death due to any reason
PMJJBY is only a life insurance policy. Disablity is not covered in it unlike in PMSBY which is a AD&D policy(Accidental Death and Disability)
PMJJBY doesnot gives maturity benefit. If a person is living even after 55 years of age, the policy will terminate and he/she will not get any money.

Hence option 4th is incorrect.