The Economic Times daily newspaper is available online now.

    Rs 4,698.10 cr paid for death claims under PMJJBY last fiscal

    Synopsis

    As many as 2,50,351 death claims were filed under the PMJJBY, and of them, 13,100 were dismissed in 2020-21. The remaining 2,346 claims were being examined.

    Claim---agenciesAgencies
    Around Rs 4,700 crore has been paid against more than two lakh death claims filed under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in the last financial year which witnessed COVID-19 leaving a trail of death, according to an RTI reply.

    The information regarding death claims under the PMJJBY, given by the Department of Financial Services to Neemuch district based RTI activist Chandrashekhar Gaur, do not mention the cause of deaths.

    According to the reply, payment of Rs 4,698.10 crore was against 2,34,905 death claims under the PMJJBY in the last fiscal, Gaur said.

    As many as 2,50,351 death claims were filed under the PMJJBY, and of them, 13,100 were dismissed in 2020-21. The remaining 2,346 claims were being examined.

    According to the reply, under PMJJBY, death claims of Rs 3,563.78 crore in 1,78,189 cases were settled in 2019-20; Rs 2,704.24 crore in 1,35,212 cases in 2018-19.

    According to the Union Health Ministry tally of 8 am Sunday, 3,02,33,183 have been tested positive for the coronavirus so far. Of them 3,95,751 have died.

    Under PMJJBY, a person with a bank account from 18 to 50 can get himself insured by paying an annual premium of Rs 330.


    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more

    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in