LIC Jeevan Pragati Plan

Jeevan Pragati Plan 838 – LIC – Life Insurance

Jeevan Pragati Plan is a non-linked, with profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every five years during the term of the
policy.

 Jeevan Pragati Plan

• Minimum Policy Term: 12 years

• Maximum Policy Term: 20 years

• Minimum Entry Age: 12 years (completed)

• Maximum Entry Age: 45 years (nearer birthday)

• Maximum Age at Maturity for Life Assured: 65 years

• Minimum entry age for the rider is 18 years.

• Minimum Basic Sum Assured: Rs. 1,50,000/-

• Maximum Basic Sum Assured: No Limit (Multiple of Rs. 10,000/- only)

• Mode of Premium Payment: Yearly, half-yearly, quarterly & monthly

• Minimum Accident Benefit Sum Assured is Rs 10,000

• Maximum Accident Benefit Sum Assured is an amount equal to the Basic Sum Assured subject to the maximum of Rs 1 Cr.

Leave a Reply

Your email address will not be published. Required fields are marked *