Along with all the plans of LIC, there is one scheme LIC Jeevan Pragati. Under this scheme, investors have an opportunity to make a small investment every month to secure their future financially.
LIC Policy, How to Earn Money: You can get a good profit after a long time, just you should have the right information about the schemes and you should know the right way to invest. If it is a matter of getting huge benefits through small investments in India, then the first choice of people is still Life Insurance Corporation of India i.e. LIC. The biggest reason for this is that it is a government insurance company, which offers many types of investment schemes. Good returns are also available on these schemes.Also Read:Regular income free treatment to cheaper loan these 5 government scheme will help you
This scheme is beneficial
Along with all the schemes of LIC, there is a scheme LIC Jeevan Pragati. Under this scheme, investors have an opportunity to make a small investment every month to secure their future financially.
Benefit on death is also available under LIC Jeevan Pragati Scheme. For this, the terms and conditions set by the Insurance Regulatory and Development Authority of India (IRDAI) are followed. Let us know how under this scheme you will get 28 lakh rupees on maturity.Also Read: UIDAI Recruitment 2021 job vacancy know how to apply and all other details
How to get 28 lakh
LIC Jeevan Pragati Policy To get Rs 28 lakh on maturity, you have to invest Rs 6,000 every month for almost 20 years. In this way you can get Rs 28 lakh after 20 years by investing Rs 200 every day. Apart from this, a pension of Rs 15,000 will also be available.
Apart from this amount on maturity, there is also LIC Jeevan Pragati Policy Risk Cover benefit, which also increases after every 5 years. If the investor dies, then the nominee is also given the minimum guarantee amount on maturity. The nominee also gets revisionary bonus after the death of the investor who took the LIC Jeevan Pragati policy.Also Read:Want to get interest of 85% in pf account then do this thing first to do claim
Know when you can start investing:
People of 12 years and above can invest in LIC Jeevan Pragati policy. At the same time, the maximum age limit to invest in this policy is 45 years. If you want to take full advantage of this policy, then you have to continue investing in it for at least 12 years. However, if you want, you can also invest in this policy for up to 20 years.
Risk cover also increases In
this policy, the risk cover increases after every 5 years. The sum remains the same for the first five years after investment. For 6 to 10 years, the sum increases from 25 per cent to 125 per cent. For 11 to 15 years, the sum rises to 150 per cent. If you are not withdrawing money from this scheme for 20 years, then the total amount increases to 200%.Also Read:How to apply Kisan Credit Card, how much fees and what are the benefits, know everything
For example, suppose a person has taken a policy of Rs 2 lakh. In such a situation, the debt benefit for the first five years will remain only Rs 2 lakh. But, between 6 to 10 years this amount will increase to Rs 2.5 lakh. For 11 to 15 years, it will be Rs 3 lakh. If the death of the investment occurs between 16 to 20 years, then the coverage of Rs 4 lakh will be guaranteed.
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