Daughters Day 2021 is International Daughters Day on 26 September. What to say if a girl is given such a gift as a gift on that day which will help in making her future. There is such a policy of LIC which gives benefits in two ways.
International Daughters Day is on 26 September. What to say if such a gift is given to the daughter on that day as a gift, which will help in making her future. There is such a policy of LIC which gives benefits in two ways. Its name is LIC Jeevan Lakshya policy. The specialty of this policy is that it has features like LIC Kanyadan Policy. Kanyadan means daughter’s marriage. This policy can also be purchased to meet the education expenses of the children.
Daughter’s Day 2021: If the experts are to be believed, a lot of money is available at the time of maturity of this policy, so that big expenses can be met. This policy is for the people between the age group of 18 to 50 years. Hence, there is more benefit in taking the policy in the name of the adult policy holder. Taking it in the name of the child will not serve the purpose. The death benefit clause of this policy makes it more helpful in securing the future of the child.
Minimum Sum Assured
According to Personal Finance Expert and CA Manish Kumar Gupta, the minimum sum assured in LIC Jeevan Lakshya policy is Rs 1 lakh. There is no maximum list in this. The premium term is 13 to 25 years. If an investor takes a policy for 25 years, the premium term will be 22 years. This premium can be opted on yearly, half yearly and monthly basis.
And what benefits
According to Manish Kumar Gupta, if the parents take this policy for 25 years after the birth of the child, then when the daughter reaches this age, she will get a good amount. This is one of the popular child plans of LIC.
Benefits of death benefit
According to Manish Kumar Gupta, the death benefit is the main reason for making this policy popular. In case of death of the policyholder, no further premium is to be paid. At the same time, the nominee gets 10 percent of the total sum assured every year. If the minimum sum assured is Rs 10 lakh then the nominee will get Rs 1 lakh every year.
