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  • News From Press 1,767 claims of accidental insurance settled under PMJDY

    1,767 claims of accidental insurance settled under PMJDY

    Source: Economic Times/PTI Aug 16, 2017

    As many as 1,767 claims were settled toward accidental insurance to RuPay Card holders under the government's flagship financial inclusion programme Pradhan Mantri Jan Dhan Yojana (PMJDY).

    A finance ministry data showed that a total of 2,514 accidental insurance claims were filed under the PMJDY, which provides accidental cover of Rs 1 lakh. The scheme was launched in August 2014.

    Of the total claims, 1,767 were paid as on August 4 this year, 167 were under process, while 544 claims were rejected.

    According to the data, payment in case of 36 claims, which have been processed, was awaited.

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