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LIC Policy: LIC Bumper Scheme, Save 200 Rupees Every Day, Get 28 Lakhs!
NEWS18 | August 23, 2024 11:50 AM CST

This plan offers small savings and huge returns. Today we have informed about one such big project.

 

Life Insurance Corporation of India (LIC) is the largest insurance company in the country offering new plans for everyone from children to senior citizens. This plan offers small savings and huge returns. Today we have informed about one such big project. This is the life progress policy of LIC. In this plan, by saving Rs 200 per day you can make Rs 28,00,000 yours.



02
News18 Kannada

28,00,000 total available in this policy of LIC – If one is planning to buy this policy of LIC (Life Insurance Corporation), then this policy is a good choice. Investors in LIC Jeevan Pragati Yojana get huge benefits. On the one hand, saving 200 rupees per day can accumulate a fund of 28,00,000 rupees. On the other hand, investors in this scheme also get its risk cover. Minimum age limit to invest in this scheme of LIC is 12 years, maximum age is 45 years.


03
News18 Kannada

Increase in cover in Life Insurance Corporation policies – a specialty of LIC's Jeevan Pragati schemes – increases the risk cover every five years for LIC investors. This means that the amount received will increase in five years. In death benefit, LIC (Life Insurance Corporation) pays sum assured, normal reversionary bonus and final bonus together after the death of the policyholder.


04
News18 Kannada

28,00,000 total available in this policy from LIC – Customers who take this exclusive Life Advance policy from LIC will get lifetime protection along with good returns. If we look at the money accumulated under this policy, if the policyholder invests Rs 200 per day in this policy, he will invest Rs 6000 per month.


05
News18 Kannada

In this case, he invests 72 thousand rupees in one year. Now if money is deposited in this scheme for 20 years, the total investment will be Rs 14,40,000. If you add all the benefits of this LIC (Life Insurance Corporation), the sum will be Rs 28,00,000.


06
News18 Kannada

LIC Jeevan Pragati policy has a minimum tenure of 12 years and a maximum of 20 years. People aged 12 to 45 years can buy this policy. It can pay premium for this policy on quarterly, half yearly and yearly basis. The minimum sum assured for this LIC (Life Insurance Corporation) policy is Rs 1.5 lakh and there is no maximum limit.


07
News18 Kannada

Suppose someone buys a Rs 2 lakh LIC policy, then his death benefit is normal for the first five years. Then Rs 2.5 lakh for six to ten years. At the same time, the coverage will increase to 3 lakh in 10 to 15 years. Thus the coverage of LIC (Life Insurance Corporation) policyholders will increase.


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