Jammu, Jan. 26 -- The Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are flagship insurance schemes launched by the Government of India to provide affordable insurance coverage to the masses. These schemes are designed to enhance financial security and reduce the burden on families during unforeseen circumstances. Let's explore the purpose of these schemes and how they differ.

PMSBY is an accident insurance scheme that covers individuals against accidental death or disability. Its key features include:

Eligibility: Available for individuals aged 18 to 70 years.

Coverage: Offers ?2 lakh for accidental death and full disability and ?1 lakh for partial disability.

Premium: An affordable a...