Hello, friends! In this video, we’ll learn about a brand-new LIC plan. The LIC Jeevan Pragathi Yojana Scheme is the scheme’s name. The primary objective of this policy is that it has been constructed by LIC, or Life Insurance Company, in such a way that it will benefit you and accompany you without difficulty in the future. On February 3, 2016, the Life Insurance Corporation of India (LIC) launched this plan under the Jeevan Pragati policy. It is also one of the non-linked endowment policies whose death benefit is guaranteed to rise every five years. Additionally, it is mentioned that this is one of the Non Linked Enrollment Plan policies with five-year death coverage.
Additionally, LIC will inform you that death insurance will result in an increase in total insurance. I’ll let you know how many ways we can cover you in case you need to find out how to pay before you choose this policy. If you are enrolled in this plan, you are required to pay this premium annually, semiannually, quarterly, or even monthly. You have freedom when you pay this way. In a similar vein, this plan is regarded as very valuable because the life insurance company carefully examines each scheme for those who are deciding on the corpus for retirement during this policy as well as for those who are looking for insurance protection against death.
Moreover, this strategy gives monetary security along reserve funds, so regardless of whether you have any disease, this plan will serve you quite well. Now, tell us everything you know about this plan. First Passing Advantage on the off chance that the policyholder kicks the bucket during the term of the plan, during the strategy time frame, if all expenses have been paid, you will get the demise advantage or last extra reward and the typical reversionary reward alongside the aggregate guaranteed on death. Nominee. Ten times the annual premium is the death benefit. In a similar vein, inform us of the advantages of maturity right now. Bonuses are given out in exchange for the assured amount upon maturity.
The money you put in is distributed to the policyholder in one lump sum if they live to the end of the policy term and pay all premiums. In a similar vein, the policy also provides a pension of 15,000 rupees, which is a very encouraging sign. In a similar vein, inform us of this Jeevan Pragada policy’s primary objective. The person choosing one of these sixteen plans must be over the age of 65 and have a minimum deposit of 1,50,000. The basic maximum amount that can be guaranteed is also unrestricted. In a similar vein, the rider should be at least 18 years old. In a similar manner, the assured excess is discounted.
You will receive risk coverage of two hundred percent if you purchase the policy for twenty years in a row without making any withdrawals in between. Anyone between the ages of 12 and 45 may adopt this policy. The minimum length of a policy is 12 years. 20 years maximum. Upon maturity and when the policyholder turns 65. If you like this plan, you can get in touch with the company and ask if you have all the information about it. Thanks. The minimum cover amount is Rs. 1.5 lakhs.
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