The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) have collectively settled claims worth ₹25,160 crore since their inception on May 9, 2015, according to Finance Minister Nirmala Sitharaman. On their 11th anniversary, Sitharaman reported that PMJJBY has settled claims exceeding ₹21,500 crore for over 1.07 million families, while PMSBY has settled claims of nearly ₹3,660 crore for more than 184,000 families. The schemes aim to provide affordable financial protection to underserved sections of society. PMJJBY offers life insurance coverage for a premium of ₹436 per year, while PMSBY provides accidental insurance at just ₹20 annually. The introduction of the online Jan Suraksha Portal has facilitated easier enrollment and quicker claims processing, ensuring timely support for bereaved families. The Atal Pension Yojana (APY), which guarantees a monthly pension of ₹1,000 to ₹5,000 for unorganized sector workers, has also seen significant uptake with over 90.4 million enrollments. These initiatives reflect the government's commitment to enhancing financial security and resilience among its citizens.