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Protect Life against increasing Risk

LIC Jeevan Pragati

LIC's 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. In addition, this plan also takes care of liquidity needs through loan facility.

Protect Life against Increasing Risk with Jeevan Pragati

It is inevitable that risk increases when age progresses. Hence it is important for any individual to protect their life against increasing Risk. LIC's Jeevan Pragati takes care of your life against increasing risk in a perfect manner while your estate is building.

If an Individual aged 40 opted for Jeevan Pragati by paying a monthly premium of ₹4590 his life cover will be ₹10 Lakhs at the beginning of the policy term, it Covers 100% of the Life cover during first 5 policy years, 125% of the Life cover during 6th to 10th policy years, 150% of the Life cover during 11th to 15 th policy years and thereafter 200% of the Life cover till maturity.

That means policy holder will have life cover of ₹1250000 starting from 46 Years, life cover of ₹1500000 starting from 50 Years and life cover of ₹2000000 starting from 55 Years till 60 (maturity).

from ₹7510
Level of Protection ₹1,50,000 - No Limit
Policy Term: 12 to 20 years
Minimum Age at entry: 12 Years
Maximum Age at entry: 45 Years
Maximum Maturity Age: 65 Years
Premiums Mode: Yearly, Half-Yearly, Quarterly or Monthly
Optional Riders: Accidental Death & Disability Benifit Rider, Term Insurance Rider
Premium Mode Rebate: Yearly mode - 2%, Half-yearly mode - 1%
Payment of Benefit: at the time of maturity or When Risk Occurs

Awareness

Policy Document

It is important for the Policy holder or prospect to understand terms and conditions of the Policy. We recommend you to go through the terms and conditions of the policy prior to purchase it.

We also would like to you informed that maturity values illustrated on the website are meant for demonstration purpose only. These values are arrived based on the current bonuses declared by LIC of India. Bonus values may get changed from time to time and hence maturity value also may get varied.

Locate Us

LIC Agency

Senthamil Nagar, SIthalapakkam
Chennai 600073

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[email protected]

(+91) 9840 783828

Available 8:00am - 8:00pm