<h1>Pradhan Mantri Jeevan Jyoti Bima Yojana: Affordable Life Insurance for Ages 18-50 with Rs. 2 Lakh Coverage.</h1> The Pradhan Mantri Jeevan Jyoti Bima Yojana is a life insurance scheme for individuals aged 18 to 50 with a bank account. Participants can maintain coverage until age 55 if they join before 50 and pay an annual premium of Rs. 330, auto-debited from their bank account. The scheme offers a Rs. 2 lakh risk coverage in the event of death for any reason. Subscribers must renew annually or opt for auto-renewal. Life Insurance Corporation and other insurers will implement the scheme in partnership with banks. Government contributions may cover premiums for certain beneficiaries, and publicity costs will be government-funded.