Read the statements related to Pradhan Mantri Suraksha Bima Yojana (PMSBY) and select the incorrect option.
1
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is available to people in the age group of 18 to 70 years.
2
Under the scheme, the risk amount (coverage) for accidental death and total disability is ₹ 2 lakh and for partial disability the risk amount (coverage) is ₹ 1 lakh.
3
This scheme is being offered by public sector general insurance companies or any other general insurance company.
4
The premium is ₹330 which will be deposited on an annual basis.