Invest Rs 200 every day in this superhit plan of LIC! 28 lakh fund will be available in return

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LIC Jeevan Pragati Plan: LIC, the country’s largest and oldest life insurance company, has crores of policy holders across the country. Life Insurance Corporation of India keeps launching policies for every section of the country like middle class, high income group, lower middle class people. Along with this, LIC keeps launching different types of policies for people of all ages like women, employed person, children etc.

We are telling you about that LIC policy in which a person of every age can invest. The name of this policy is LIC Jeevan Pragati Plan. In this policy, you can create a hefty corpus of Rs 28 lakh with a small investment of Rs 200. Let us give you information about the details of this policy (LIC Jeevan Pragati Plan Details)-

investment and return
LIC’s Jeevan Pragati plan gives the benefit of both a saving and a security. This policy was launched by LIC on 3 February 2016. In this policy, you have to invest Rs 6,000 every month. In this, you will get the benefit of full 28 lakh rupees on maturity after 20 years.

LIC Jeevan Pragati plan details-

  • Minimum Sum Assured – Rs 1,50,000
  • Maximum Sum Assured – There are no limits
  • Policy tenure between 12 to 20 years
  • Minimum age to buy policy – 12 years
  • Maximum age to buy the policy – 45 years
  • Maximum age of policy maturity – 65 years

Will get the benefit of death benefit-
In LIC’s Jeevan Pragati plan, the investor also gets the benefit of death benefit. If a policyholder dies after buying the policy, then in such a situation his family will definitely get the benefit of death benefit. The amount you will get in the death benefit depends on how old your policy is. If a policyholder dies after 5 years of buying the policy, he can get more benefits.

If a policyholder dies within 5 years of buying the insurance, his family will get the sum assured money. At the same time, 125% Sum Assured is available on the death of the policyholder between 6 to 10 years of taking the policy, 150% in 1 to 15 years and 200% Sum Assured in 16 to 20 years. If you want to avail the rider benefit also, then you will have to pay an additional amount for this.

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