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2017 | 65 | 123-134
Article title

Claim settlement of Pradhan Mantri Suraksha Bima Yojana under Pradhan Mantri Jan Dhan Yojana

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EN
Abstracts
EN
The study finds that Pradhan Mantri Surakha Bima Yojana (PMSBY) claim settlement is effective due to its flexibe, economical, reliable, throughout easy and clear process. But due to its limited awareness in policyholders, coverage, existing competition and lack of investor’s interest, act as barriers in the success road of the scheme. Pradhan Mantri Suraksha Bima Yojana was introduced on 1st June 2015, under the promising Pradhan Mantri Jan Dhan Yojana with the aim to provide financial support through cheaper term insurance to all the citizen of India with motto of “Jan-Dhan se Jan Surakhsha”. Accidental insurance is a type of general insurance under which insurance coverage is provided for fixed term (period) and amount, on the payment of the pre-decide premium. The fixed amount is paid on filing claim. Claims settlement is an integral part of the insurance business. The study is based on secondary data collected from different websites and IRDA Journals.
Year
Volume
65
Pages
123-134
Physical description
References
  • [1] R. K. Yadav and S. Mohania. A case study with overview of Pradhan Mantri Suraksha Bima Yojana – A Scheme of Pradhan Mantri Jan Dhan Yojana. World Scientific News 36 (2016) 127-137.
  • [2] R. K. Yadav and S. Mohania. A Case Study with Overview of Pradhan Mantri Jan Dhan Yojana (Atal Pension Yojana). World Scientific News 29 (2016) 124-134.
  • [3] R. K. Yadav and S. Mohania. Claim settlement of Life Insurance Policies in Insurance Services with Special Reference to Life Insurance Corporation of India. Indian Journal of Economics and Development 29(1) (2013) 29-37.
  • [4] R. K. Yadav and S. Mohania. Claim Settlement of Life Insurance Policies in Insurance Services – A Comparative Study of LIC of India and ICICI Prudential Life Insurance Company. World Scientific News 2 (2015) 94-117.
  • [5] R. K. Yadav and S. Mohania. Claim Settlement Process of Life Insurance Services – A Case Study of ICICI Prudential Life Insurance Company. International Letters of Social and Humanistic Sciences 24 (2014) 26-32.
  • [6] R. K. Yadav and S. Mohania. Claim Settlement Process of Life Insurance Policies in Insurance Services – A Comparative Study of LIC of India and ICICI Prudential Life Insurance Company. International Letters of Social and Humanistic Sciences 49 (2015) 21-29.
  • [7] R. K. Yadav and S. Mohania. Jan-Dhan Se Jan Suraksha – A Comprehensive Study of Pradhan Mantri Jan DhanYojana. Indian Journal of Economics and Development 4(7) (2016) 1-9.
  • [8] R. K. Yadav and S. Mohania, “Pradhan Mantri Jeevan Jyoti Bima Yojana – A Case Study of Pradhan Mantri Jan Dhan Yojana. World Scientific News 31 (2016) 35-46.
  • [9] R. K. Yadav and S. Mohania. Role of Insurance Ombudsman and Grievance Management in Life Insurance Services in Indian Perspective. International Letters of Social and Humanistic Sciences 20 (2014) 9-13.
Document Type
article
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YADDA identifier
bwmeta1.element.psjd-87aef8a5-1b5d-46f3-8273-0466ac7af592
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