<h1>Finance Ministry Clarifies PMJDY: RuPay Card Needed for Insurance; Life Insurance Exclusions for Govt Employees & Tax Filers.</h1> The Ministry of Finance has provided clarifications regarding the Pradhan Mantri Jan Dhan Yojana (PMJDY). Existing bank account holders do not need a new account but require a RuPay Card for accidental insurance benefits. Accidental insurance of Rs. 1 lakh is available for RuPay cardholders aged 18-70, with usage required every 45 days. Life insurance of Rs. 30,000 is available for first-time account holders between August 15, 2014, and January 26, 2015, for one family member aged 18-59. Government employees, tax filers, and those under Aam Adami Bima Yojana are ineligible for life insurance under PMJDY.