Explanation:

- The Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme was launched to provide insurance coverage to healthcare workers fighting COVID-19.

- It was an initiative to support COVID Warriors, including healthcare workers who were at the frontline.

- Under the PMGKP scheme, a significant insurance cover was provided to beneficiaries.

- Option 4: 50 Lakhs is indeed the correct amount of insurance coverage offered under this scheme.

- The scheme aimed to provide financial security to families of healthcare professionals who lost their lives due to COVID-19.

Your Answer is Right.