LIC Jeevan Pragati Plan: If you invest in this policy, you will get double money on maturity. In this your money will always be safe.
LIC Jeevan Pragati Policy: If you do a job and are thinking about investment plans, then there is a good opportunity for you. LIC has one such policy, through which you can secure your future. You will not lose money by investing in this policy. It will be lifetime safe. (Future Planning) The Life Insurance Corporation of India (LIC of India) guarantees savings and security, which is not only giving you a chance to become a millionaire, but also gives risk cover. Let us know about this policy and its rules.
The name of this government policy, which follows the rules of the Indian Insurance Regulatory and Development Authority (IRDA), is IRDA, which means LIC Jeevan Pragati Policy.
Investors get Life Cover
On paying regular premiums in LIC’s Jeevan Pragati plan, you also get a Death Benefit, which gets increased every 5 years. This amount depends on the number of years your policy has been active.
Choice of Accident Insurance and Disability Rider
100% of Basic Sum Assured (Basic Sum Assured) is paid on the death of the policyholder for 5 years from the date of taking the policy. Accident Insurance and Disability Riders can also be included in this plan, for which a little extra payment will have to be made.
How much will have to be paid
125% on the death of policyholders for 6 to 10 years.
Between 11 to 15 years, up to 150% will have to be paid.
Between 16 and 20 years, up to 200% will have to be paid.
The age limit for investing is 45 years
According to media reports, after the maturity benefit of Jeevan Pragati Yojana, you will get 28 lakh rupees. For this you have to invest in this project for 20 years. Investors will have to invest a cost of 6 thousand rupees every month in this policy, that is, 200 rupees daily. This policy can be started from 12 years, in which the age limit to invest is 45 years.
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