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LIC Jeevan Pragati Plan: The country’s largest insurance company Life Insurance Corporation of India (Life Insurance Corporation of India) keeps coming up with various excellent insurance policies from time to time for its customers. Money invested in LIC never goes bad. You can earn good returns by investing in the plan. LIC brings Insurance Scheme for people of every section of the society. If you are also planning about investment, then this news will prove to be useful for you. Might be possible.
Know what is the plan
We are going to tell you about LIC’s Jeevan Pragati Bima Yojana (LIC Jeevan Pragati Bima Yojana). In this plan, you get the option of investment along with security, due to which you get a hefty amount on completion of maturity. This scheme can make you a millionaire in a few years. In this, by depositing Rs.200 per day i.e. Rs.6000 per month, you can get a hefty amount of up to Rs.28 lakhs on maturity. Under LIC’s Jeevan Pragati Bima Yojana, you get a minimum term of 12 and 20 years.
what is the plan
If you are planning to buy LIC’s Jeevan Pragati plan, then you will get lifetime protection in it. Also, deposit 200 rupees per day and 6 thousand rupees in a month. That is, they deposit 72 thousand rupees annually. Then on completion of 20 years in this scheme, you get an amount of Rs 28 lakh along with the bonus. The risk cover in this insurance plan increases every 5 years. The sum assured increases every 5 years. After the death of the same policy holder, adding bonus and sum assured is given to his family or nominee.
How much coverage will be available
In this scheme, if someone has bought an insurance policy of Rs 4 lakh, then after 5 years it will become Rs 5 lakh. After this, for 10 to 15 years, it will be Rs 6 lakh and in 20 years, this amount will be Rs 7 lakh.
Know what are the main things
- Under LIC’s Jeevan Pragati Bima Yojana, you get a minimum term of 12 and 20 years.
- People in the age group of 12 to 45 years can take this insurance scheme.
- Under this scheme, the premium amount can be deposited on quarterly, half yearly and yearly basis.
- The minimum Sum Assured is 1.5 lakh and there is no limit on the maximum.
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