By investing in this scheme of Life Insurance Corporation of India (LIC), you can not only become a millionaire, but also get risk cover in it. This plan will help you realize your dreams in future.
Saving money and security of life is very important for a better future. Only then can you easily make your dreams come true. Life Insurance Corporation of India (LIC) guarantees you savings and protection. LIC has one such scheme, by investing in which you can not only become a millionaire, but also get risk cover in it. The name of this policy is LIC Jeevan Pragati Plan.
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. In case of any untoward incident with the policyholder, the nominee gets the full benefit of the insurance.
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.
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, i.e. 200 rupees daily. This policy can be started from the age of 12 years. The maximum investment age in this is 45 years.
Let us tell you that Life Insurance Corporation of India is one of the most trusted companies in the country. Whether it is a village or a city, the man of every area knows about it. By investing in it for years, a good amount can be raised in the future. Along with this, many other benefits are also available in it.
