We are authorised by the IRDAI to act as a corporate agent (IRDAI Licence no. CA0249)to solicit and procure insurance business through our Vakrangee Kendra network across India. We have partnered with the topmost Life Insurance, General Insurance and Health Insurance companies in an attempt to meet the ever-changing insurance requirements of our customers living in the urban as well as rural areas through our sizeable retail network of Vakrangee Kendra.
Encouraged by the success of the Pradhan Mantri Jan Dhan Yojana, the Government of India proposed to work towards creating a universal social security system for all Indians, especially for the poor, underprivileged and the workers in unorganised sector, using the bank accounts as the basis for launching the schemes.
PMJDY has provided a platform for the three social security schemes viz. Pradhan Mantri Jeevan Jyoti Beema Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Pradhan Mantri Mudra Yojana (PMMY).
Atal Pension Yojna: Atal Pension Yojana is a government-backed pension scheme in India, primarily targeted at workers in the unorganised sector like personal maids, drivers, gardeners amongst others.
Jeevan Jyoti Bima Yojana: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a one-year life insurance scheme, renewable from year to year, offering coverage for death. The cover under PMJJBY is for death only and hence benefit will accrue only to the nominee. People, who join this scheme before completing the age of 50, can continue to have the risk of life cover up to the age of 55 years, subject to the payment of premium. The scheme has an annual premium of Rs.436, with a risk coverage of Rs.2,00,000.
Pradhan Mantri Suraksha BimaYojna: Pradhan Mantri Suraksha Bima Yojana is a government-backed accident insurance scheme in India that provides risk coverage in case of accidental death, partial or full disability. The insured amount for accidental death or full disability is Rs. 2,00,000 and Rs. 1,00,000 for partial disability. It has an annual premium of Rs. 20 only.
