LIC superhit plan
Significantly, Life Insurance Corporation of India (LIC) guarantees you savings and protection. The special policy that follows the rules of Insurance Regulatory and Development Authority of India i.e. IRDA is LIC Jeevan Pragati Plan. Not only can you become a millionaire by investing in it, but it also comes with risk cover. This plan was launched on 3 February 2016.
Will get death benefit
In the Jeevan Pragati plan of Life Insurance Corporation of India, regular premiums have to be paid. In this policy, you also get a life cover (Death Benefit), which increases every 5 years. This amount depends on how long your policy has been active.
Know the features of the policy
- In this, 100% of the Basic Sum Assured (Basic Sum Assured) is paid on the death of the policyholder for 5 years from the date of taking the policy.
- At the same time, 125% is paid on the death of the policyholder between 6 years to 10 years of taking the policy, 150% between 11 to 15 years and 200% between 16 and 20 years.
- Accident benefit and disability rider can also be availed in this plan. For this you have to pay some extra amount.
- After the maturity benefit of Jeevan Pragati plan, you will get an amount of Rs 28 lakh.
How much and how will you get the amount?
You have to invest in it for 20 years. The investor will have to invest 6 thousand rupees per month i.e. 200 rupees every day. This policy can be started from the age of 12 years. The maximum investment age in this is 45 years.