Pradhan Mantri Suraksha Bima Yojana ( PMSBY ) is a scheme for accident insurance launched by the Indian government. Get more details about Eligibility & How to Enroll. Check Out the PMSBY Scheme Details 2025 Eligibility Criteria, Benefits, Premium Amount and Renewal Process and All Inforamtion Know all about the Pradhan Mantri Suraksha Bima Yojana ( PMSBY ) 2025 – ₹2 lakh accident insurance cover for just ₹20/year. Check latest premium details, benefits, eligibility, required documents, and application process. The premium charged for PMSBY has been worked out based on actuarial calculations by considering all risk factors, current mortality rates and adverse selection.