LIC’s Jeevan Pragati Yojana 2023 : Invest in this scheme of LIC, get 28 lakhs by investing only Rs 200.
LIC’s Jeevan Pragati Yojana 2023: If you too are thinking of investing in a policy of Life Insurance Corporation of India! So it is important to know about this plan! The name of this plan of LIC is Jeevan Pragati Policy (LIC Jeevan Pragati Plan)! The sum insured you take in this policy keeps increasing and by the end of the policy the sum insured almost doubles! So let’s know about this special plan
This is a non linked policy! The specialty of this LIC (Life Insurance Corporation of India) Jeevan Pragati policy is that pension of more than Rs 15,000 is also given in it! The minimum entry age to invest in LIC’s Jeevan Pragati Plan (LIC Jeevan Pragati Plan) is 12 years! At the same time, the maximum age limit for investing in this policy is 45 years!
LIC’s Jeevan Pragati Yojana 2023
If the policy holder dies during the LIC (Life Insurance Corporation of India) policy term, the Sum Assured on Death + Simple Reversionary Bonuses will be paid to his nominee. In LIC’s Jeevan Pragati Plan (LIC Jeevan Pragati Plan), you can make a huge fund of Rs 28 lakh by investing Rs 200 daily after 20 years!
In how many years will you get 28 lakhs
People get lifelong protection by investing in LIC’s Jeevan Pragati Bima Yojana (LIC Jeevan Pragati Plan)! Also, if Rs 200 is invested in it daily! So under this LIC scheme, 6 thousand rupees will be deposited in a month! That means 72 thousand rupees will be deposited annually! Then on completion of 20 years, you will get 28 lakh rupees with bonus in this LIC (Life Insurance Corporation of India) scheme!
Benefits of Jeevan Pragati Bima Yojana
By investing in this LIC Jeevan Pragati Policy in a short time, the policyholder gets many benefits! This is an endowment plan of LIC (Life Insurance Corporation of India),
- Which gives you security as well as savings.
- The risk cover in the policy increases every five years.
- The sum assured remains the same for the first five years.
- After this it increases from 25% to 125% from 6 to 10 years.
- The sum assured becomes 150% for 11 to 15 years!
- For 16 to 20 years the sum assured becomes 200% of the basic sum assured.
LIC’s Jeevan Pragati Yojana Death Benefits
Regular premium has to be paid in the Jeevan Pragati scheme of Life Insurance Corporation of India. In this LIC Jeevan Pragati Plan (LIC Jeevan Pragati Plan) you also get life cover (death benefit)! Which increases every 5 years! It depends on the amount! How long has your LIC policy been active?
Nominee gets money
If the depositor dies during LIC Jeevan Pragati Plan! So the policy money will be given to his nominee! The most important thing about LIC Jeevan Pragati Yojana is this! That every 5 years the risk cover of investors increases! Means the amount you get in 5 years increases! This is the best plan of LIC (Life Insurance Corporation of India)!
What will happen if payment is not made: LIC’s Jeevan Pragati Yojana 2023
If the policyholder does not pay the plan (LIC Jeevan Pragati Plan) for any reason! Then your policy will be closed! Along with this, policy holders can surrender the scheme only after 3 years! If you have paid all the premiums during this period. And the plan is back! So in this situation you will not get premium money from Life Insurance Corporation of India!
Life Insurance Corporation Of India
Under Jeevan Pragati Bima Yojana (LIC Jeevan Pragati Plan), if the policyholder does not like the plan then it can be returned! But keep in mind that Jeevan Pragati policy can be surrendered after three years! Policyholders can surrender the policy within 15 days! In this, the premium paid to the policyholder will be returned after deducting the stamp charge. Thus this scheme of LIC (Life Insurance Corporation of India) is very beneficial!
