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This scheme of LIC will make you a millionaire in a few years, you will get Rs 28 lakh on maturity

LIC Jeevan Pragati Plan: Life Insurance Corporation (LIC), the country’s largest insurance company, offers Insurance Scheme for every category of people. In this, along with security, the option of investment is also available and a good amount is given on completion of maturity. Today you are being told about LIC’s Jeevan Pragati Insurance Plan.

Life Insurance Corporation of India’s Jeevan Pragati Bima Yojana (LIC Jeevan Pragti Bima Yojana) can make you a millionaire in a few years. In this, by depositing Rs 200 every day, you can raise an amount of up to Rs 28 lakh on maturity. If you are planning to invest in LIC then you can buy Jeevan Pragati plan.

In how many years will you get 28 lakh rupees

Lifetime protection is given to people by investing in LIC’s Jeevan Pragati Bima Plan. Also, if Rs 200 is invested in it on a daily basis, then Rs 6,000 will be deposited under this scheme in a month. This means that 72 thousand rupees will be deposited annually. Then on completion of 20 years, you will get Rs 28 lakh in this scheme along with the bonus.

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Risk cover increases in five years

The risk cover in this insurance plan increases every five years. This means that every five years the sum assured will increase. Talking about death benefit, after the death of the policy holder, bonus and sum assured is given to the family or nominee.

Jeevan Pragati Bima Yojana Rules

The minimum term under LIC’s Jeevan Pragati Bima Yojana is 12 and 20 years. People from 12 to 45 years can buy this insurance scheme. Under this scheme, the premium amount can be deposited on quarterly, half yearly and yearly basis. The minimum Sum Assured is 1.5 lakh and there is no limit on the maximum.

How to get insurance coverage

If someone has bought insurance of Rs 2 lakh in this scheme, then after five years it will become Rs 2.5 lakh. After this, for 10 to 15 years, this amount will be three lakh rupees and in 20 years, this amount will be Rs 3.5 lakh.


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