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From Karnataka Open Educational Resources
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===Benefits of insurance cover===
 
===Benefits of insurance cover===
#PMSBY will offer a renewable one year accidental death-cum-disability cover of Rs. 2 lakh for partial/permanent disability to all savings bank account holders in the age group of 18-70 years for a premium of Rs. 12 per annum per subscriber.
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#PMSBY will offer a renewable one year '''accidental death-cum-disability cover of Rs. 2 lakh''' for partial/permanent disability to all savings bank account holders in the age group of 18-70 years for a premium of Rs. 12 per annum per subscriber.
#PMJJBY, on the other hand, will offer a renewable one year life cover of Rs. 2 lakh to all savings bank account holders in the age group of 18-50 years, covering death due to any reason, for a premium of Rs. 330 per annum per subscriber.
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#PMJJBY, on the other hand, will offer a '''renewable one year life cover of Rs. 2 lakh''' to all savings bank account holders in the age group of 18-50 years, covering death due to any reason, for a premium of Rs. 330 per annum per subscriber.
 
#Atal Pension Yojana will focus on the unorganised sector and provide subscribers a fixed minimum pension of Rs. 1,000, Rs. 2,000, Rs. 3,000, Rs. 4,000 or Rs. 5,000 per month, starting at the age of 60 years, depending on the contribution option exercised on entering at an age between 18 and 40 years.
 
#Atal Pension Yojana will focus on the unorganised sector and provide subscribers a fixed minimum pension of Rs. 1,000, Rs. 2,000, Rs. 3,000, Rs. 4,000 or Rs. 5,000 per month, starting at the age of 60 years, depending on the contribution option exercised on entering at an age between 18 and 40 years.
  
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