Business

LIC Jeevan Pragati Scheme Will Make You Rich; You Will Have To Invest Only Rs 200 Daily

LIC Jeevan Pragati: India’s largest insurance company, LIC, brings its plans for people of all ages, whether they are children, young or old. The schemes of the Life Insurance Corporation of India give big returns with small investments. Today, we will tell you about some schemes where you can get Rs 28 lakh by saving Rs 200 daily.

If you are planning to buy a policy, then this policy can be better for you. LIC Jeevan Pragati’s plan has great benefits for investors. On one hand, while you can get Rs 28 lakh by saving Rs 200 daily, its investors also get risk cover. People 12 years or older can invest in this special scheme of LIC. The maximum age to invest is 45 years.

Understand The Complete Details Of The Scheme

LIC’s special scheme provides good returns and lifetime security. If we look at the calculation of the fund deposited under the policy, an investor who deposits Rs 200 daily can invest Rs 6000 monthly. According to this, Rs 72 thousand will be deposited in a year. If you invest in this scheme for 20 years, you can invest Rs 14,40,000. At the same time, if all the benefits are added, the amount will be Rs 28 lakh.

Risk Cover Will Increase In Five Years

The specialty of LIC’s Jeevan Pragati Plan is that its investors’ risk cover increases every five years. In other words, the amount you get increases every five years. Regarding death benefits, if the policyholder dies, then the insurance amount, simple reversionary bonus, and final bonus are given together to his family members.

Ashish is the founder, CEO, and editor-in-chief of our organisation. He has a strong background in journalism and is responsible for setting our organisation's overall direction and strategy and overseeing all editorial operations.

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