LIC Jeevan Pragati Policy: To keep your future bright, both earning and saving money is necessary. Also, securing life is even more important than that. If you do this then only your dreams can come true.Â
Life Insurance Corporation of India (LIC of India) guarantees you savings and protection. Life Insurance Corporation has such policies, from which not only can you become a millionaire. Rather, you also get risk cover on these. The name of this policy, which follows the rules of the Indian Insurance Regulatory and Development Authority (IRDA), is IRDA, which means LIC Jeevan Pragati Policy.
Investors get protection in this schemeÂ
Pragati Policy of Life Insurance Corporation of India Jeevan Pariyojana You also get Death Benefit on payment of regular premium, 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
The policy (LIC Policy On) is taken in 5 years from the date of the Basic Sum Assured, 100% of the Sum Assured (Basic Sum Assured) will be paid after the death of the policyholder. At the same time, on the death of the policyholder, 125% for 6 to 10 years, 150% between 11 to 15 years and 200% between 16 and 20 years. Accident Benefit and Disability Riders can also join the plan. You will have to pay a little extra for this.
Maximum investment age is 45 years
According to media reports, after the closing benefit of Jeevan Pragati Yojana, you will get Rs 28 lakh. For this you have to invest in this project for 20 years. In this policy, investors have to invest Rs 6,000 or Rs 200 every month. This policy can be started from 12 years. The maximum investment age is 45 years.