Pradhan Mantri Suraksha Bima Yojana (PMSBY). A Scheme for Accidental Death Insurance.
Introduction of Pradhan Mantri Suraksha Bima Yojana (PMSBY)Government through the Budget Speech 2015 announced three ambitious Social Security Schemes pertaining to the Insurance and Pension Sectors, namely Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and an the Atal Pension Yojana (APY) to move towards creating a universal social security system, targeted especially for the poor and the under-privileged.



