Residence Insurance Heart Planning: Rs three lakh protection for harm brought on by pure disasters – Che … – Zee Enterprise
After Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana have protected the lives of millions of people, the central government is now preparing to introduce an insurance system for your home.
According to the information received from the sources, the central government will provide insurance coverage of Rs 300,000 to cover the damage to people's homes from natural disasters such as floods and earthquakes through the home insurance system.
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Along with this coverage of up to Rs 300,000 are kept for things or materials in the house. In addition, two family members who take out the accident insurance policy will each receive an amount of Rs 3 lakh.
The system of central government will be operated by general insurance companies and their premium will be tied to the people's bank account.
According to the information, the offer per policy from general insurance companies was above 1,000 rupees, but the government wants to keep the premium of this policy close to 500 rupees.
The central government is planning this project on a large scale with the aim of protecting the population from losses due to heavy rainfall and other natural disasters.