LIC Jeevan Pragati Plan: In the Jeevan Pragati Plan of Life Insurance Corporation of India, regular premium has to be paid. In this you also get death benefit.
New Delhi: LIC Jeevan Pragati Plan: Saving money and security of life is very important for a happy future. Only then can you fulfill your dreams. Life Insurance Corporation of India (LIC) guarantees you savings and protection. There is such a scheme of LIC, by investing in which you can not only become a millionaire, but also get risk cover in it. The name of this policy which follows the rules of Insurance Regulatory and Development Authority of India i.e. IRDA is LIC Jeevan Pragati Plan.
Investor gets life cover
In the Jeevan Pragati plan of Life Insurance Corporation of India, regular premiums have to be paid. In this, you also get a life cover (Death Benefit), which increases every 5 years. This amount depends on the number of years your policy has been active.
Option of accident benefit 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. At the same time, 125% is paid on the death of the policyholder between 6 years to 10 years of taking the policy, 150% between 11 to 15 years and 200% between 16 and 20 years. Accident benefit and disability rider can also be availed in this plan. For this a little extra amount has to be paid.
Maximum investment age 45 years
According to media reports, after the maturity benefit of Jeevan Pragati plan, you will get an amount of Rs 28 lakh. For this you have to invest in this scheme for 20 years. The investor will have to invest an amount of 6 thousand rupees per month in this policy, that is, 200 rupees daily. This policy can be started from the age of 12 years. The maximum investment age in this is 45 years.