Government takes Measures to Increase Enrolment and Ensure Timely Disbursement of Benefits under PMJJBY

• PMJJBY is one of the three Jan Suraksha schemes (with PMSBY and APY) — a flagship term life micro-insurance scheme of the Ministry of Finance, Dept. of Financial Services, providing Rs. 2 lakh life cover for an annual premium of Rs. 436.
• Crosses 26.79 crore cumulative beneficiaries and 12.55 crore active policies as on 18.02.2026, with a near-perfect 99.95% claim settlement ratio.
• Examinable as a financial inclusion + social security case study cutting across GS-II (welfare) and GS-III (insurance, inclusive growth).