LIC Jeevan Pragati Plan: Deposit Rs 200 and get Rs 28 lakh on maturity, know how

(*28*) Pragati Policy Details: LIC (*28*) Pragati Policy not solely gives good insurance coverage cowl, but it surely additionally provides good returns to the individuals after maturity. This coverage scheme of LIC might help you earn lakhs in just a few years.

– Advertisement –

(*28*) Pragati Policy Details: Life Insurance Corporation of India (LIC) retains bringing you insurance coverage insurance policies that supply each reside cowl and big returns. This is the explanation that even after many years, no personal insurance coverage firm is even near capturing the market share of LIC. LIC additionally runs comparatively brief time period plans like LIC (*28*) Pragati Policy.

LIC (*28*) Pragati Policy not solely gives good insurance coverage cowl, but it surely additionally provides good returns to the individuals after maturity. This coverage scheme of LIC might help you earn lakhs in just a few years.

Investment should be made for 12 to twenty years

Under LIC (*28*) Pragati Bima Yojana, an individual has to speculate for 12 years to twenty years.

If you make investments Rs 200 per day i.e. Rs 6,000 monthly, then after the maturity interval of 20 years you may get Rs 28 lakh.

This plan may also present you lifetime safety. This quantity involves Rs 72,000 per 12 months.

Under this coverage of LIC, the sum assured of the insured individual will increase each 5 years. After the demise of an individual, his nominee will get the cash.

Understand the arithmetic:

If somebody has bought an insurance coverage coverage of Rs 4 lakh beneath this scheme, then after 5 years the insurance coverage quantity will develop into Rs 5 lakh. After 10 to fifteen years this quantity will develop into Rs 6 lakh and after 20 years this quantity will develop into Rs 7 lakh.

Those individuals whose age is between 12 to 45 years can avail the good thing about this coverage. The minimal sum insured is Rs 1.5 lakh; There isn’t any restrict on the utmost quantity.

– Advertisement –