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HomePersonal FinanceLIC Jeevan Pragati Plan: Invest Rs 200 every day, get Rs 28...

LIC Jeevan Pragati Plan: Invest Rs 200 every day, get Rs 28 lakh profits, know complete plan details

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Jeevan Pragati Bima Yojana: You can get strong returns by investing in LIC’s Jeevan Pragati Bima Yojana. People between the age of 12 years to 45 years can invest in this policy.


LIC Jeevan Pragati Bima Yojana: With the beginning of the new year, people look for various investment options. In such a situation, investing in LIC’s insurance policy is a very good option for those who want to take advantage of both savings and insurance. Life Insurance Corporation of India is the largest and oldest life insurance company in the country. It has crores of customers across the country. LIC keeps coming up with different schemes for every section of the country. By investing in these schemes, you can get strong returns. Today we are going to give you information about the policy of LIC, the name of that policy is LIC Jeevan Pragati Bima Yojana. The special thing about this policy is that by investing in it, you can become the owner of a strong fund in a few years. Let us know the details of this policy-

You can get strong returns by investing in LIC’s Jeevan Pragati Bima Yojana Policy (LIC Jeevan Pragati Bima Yojana Details). People between the age of 12 years to 45 years can invest in this policy. In this scheme, you can pay the premium on the basis of every month, three months and 6 months. In this scheme, the policy holder will get a minimum sum assured of Rs 1.5 lakh. At the same time, there is no limit on the maximum sum assured. You can buy this policy for a period of 12 to 20 years.

Know how to get the benefit of 28 lakhs
Let us tell you that by investing in LIC’s Jeevan Pragati plan, you can get a full corpus of Rs 28 lakh. If you invest Rs 200 every day, then you will have to invest Rs 6,000 every month. In this case, your annual investment will be of Rs 72 thousand. On investing in this scheme, the risk cover increases after every 5 years. In such a situation, if you have bought a policy for Rs 4 lakh, then after 5 years you will get a cover of Rs 5 lakh instead of Rs 4 lakh. In this case, after 10 years it will increase to 6 lakhs and after 15 years it will give a cover of 6 lakhs.

At the same time, after 20 years, the policy will give a cover of 7 lakhs. If a policyholder dies before the maturity of the policy, then his family will get the sum assured as well as the bonus amount. In such a situation, on completion of 20 years of the scheme, you will get a total benefit of Rs 28 lakh along with interest, bonus.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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