Insurance
The Jalgaon Peoples Co-operative Bank Ltd. offers a comprehensive range of insurance products through tie-ups with leading insurers, covering life, health, and general insurance needs of our members and customers.
LIC of India — Plans Available
Child Plans
Endowment Plans
Money Back Plans
Pension / Annuity Plans
Single Premium Plans
Term Plans
Whole Life Plans
SBI Life Insurance Co. Ltd. — Plans Available
Retirement Plans
Protection Plans
General Insurance Partners
General Insurance Products Offered
| Product | Description |
|---|---|
| Fire Insurance | Covers loss or damage to property, stock, and equipment due to fire and allied perils. |
| Merchant's Cover Insurance | Comprehensive cover designed for merchants protecting goods, premises, and business assets. |
| Motor Insurance | Mandatory third-party cover and optional comprehensive cover for two-wheelers, cars, and commercial vehicles. |
| Travel Insurance | Covers trip cancellations, medical emergencies, baggage loss, and related travel risks. |
| Health Insurance | Hospitalisation and medical expense cover for individuals and families. |
| Marine Insurance | Protection for goods in transit by sea, air, road, or rail against loss or damage. |
For premium quotations and policy issuance, please contact your nearest JPCB branch.
Star Health & Allied Insurance Company Limited — Our Health Insurance Partner
The Jalgaon Peoples Co-operative Bank has tied up with Star Health & Allied Insurance Company Limited — India's first standalone health insurance provider — to bring you a wide array of plans. Insure your family against all medical emergencies with the health insurance plan that best suits you and kick-start a stress-free life today.
Family Floater Plans
Cover the entire family under a single premium policy.
Individual Plans
Personalised health cover tailored to individual needs.
Critical Illness Plans
Financial protection against life-threatening conditions.
1. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
| Feature | Details |
|---|---|
| Eligibility | Customers in the age group of 18 – 50 years having a savings account with the Bank. |
| Life Insurance Cover | ₹ 2,00,000/- |
| Coverage Period | 1st June to 31st May every year |
| Pro-rata Premium for Delayed Enrolment | |
| June, July & August | Full Annual Premium — ₹ 436/- |
| September, October & November | Pro-rata Premium — ₹ 342/- |
| December, January & February | Pro-rata Premium — ₹ 228/- |
| March, April & May | Pro-rata Premium — ₹ 114/- |
Delayed enrolment for prospective cover is possible with payment of the applicable pro-rata premium as described above.
2. Pradhan Mantri Suraksha Bima Yojana (PMSBY)
| Feature | Details |
|---|---|
| Eligibility | Customers in the age group of 18 – 70 years having a savings account with the Bank. |
| Accidental Insurance Cover | ₹ 2,00,000/- |
| Annual Premium | ₹ 20/- per annum |
| Coverage Period | 1st June to 31st May every year |
Premium is auto-debited from the linked savings account on or before 1st June each year.
Bancassurance Tie-Up Partners
| Partner | Category | Products |
|---|---|---|
| LIC of India | Life Insurance | Endowment, Whole Life, Money Back, Term, Pension, Child Plans & more |
| SBI Life Insurance Co. Ltd. | Life Insurance | Retirement / Annuity Plans, Protection Plans |
| Star Health Insurance Co. Ltd. | Health Insurance | Individual, Family Floater, Critical Illness Plans |
| ICICI Lombard General Insurance Ltd. | General Insurance | Motor, Health, Fire, Travel, Marine & more |
| Bajaj Allianz General Insurance Ltd. | General Insurance | Motor, Health, Fire, Travel, Marine & more |
| Oriental Insurance Company Ltd. | General Insurance | Fire, Motor, Health, Marine, Merchant's Cover & more |
All insurance products are offered in association with the respective insurance companies. JPCB acts as a Corporate Agent / Referral entity. For claims and policy servicing, please contact the respective insurer directly or through your JPCB branch.