Indian government to offer life insurance with new bank accounts through financial inclusion scheme
Tuesday, September 30, 2014
MUMBAI: The government will shortly announce the life insurance cover to be provided to the new bank accounts being opened under the Prime Minister’s Jan Dhan Yojana, a top finance ministry official said today.
The government is already providing Rs 1 lakh personal accident cover for each bank account being opened under the scheme and the cover is being provided by private sector non-life insurance company HDFC Ergo.
Source: Economic Times India (link opens in a new window)
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