Pradhan Mantri Fasal Bima Yojana (PMFBY) Scheme Was Launched In India By Ministry Of Agriculture & Farmers Welfare, New Delhi From Kharif 2016 Season Onwards.
JPA Policy Covers Any Person Irrespective Of Sex, Occupation And Profession In The Age Group Of 10 To 70 Years For Death And Permanent Total Disablement And Permanent Partial Disablement.
NIC's Contractor's Plant & Machinery Insurance Provides Financial Protection Against Damage To Such Items Whether They Are Being Used Or Are At Work-Site.
The Policy Covers Buildings As Well As Contents Such As House Hold Goods, Furniture, Machinery, Electrical Fittings And Stock. Generally Referred As Fire Policy In The Market.
Under PMSBY, The Risk Coverage Available Is Rs 2 Lakh For Accidental Death And Permanent Total Disability, And Rs 1 Lakh For Permanent Partial Disability.
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