The special thing is that the age of the holder of the LIC Kanyadan policy should be between 18-50 years and the daughter’s minimum age should be one year.
If you are the father of a daughter and are worried about the expenses of marriage (Wedding 2021) and future planning, then this news is of great use to you. Apart from government schemes, Life Insurance Corporation of India will help you. For this, we have brought such a policy (LIC Policy2021), in which you can save about Rs 27 lakhs every day by investing only Rs 130.
Actually, Life Insurance Corporation of India (LIC) has brought LIC Kanyadaan Policy keeping in mind the daughters. For this, the policy holder will have to deposit Rs 130 per day (Rs 47,450 annually). Premium will be paid for less than 3 years of the policy term. This policy will be for 25 years in which Rs 27 lakh will be returned on completion of the term. Premium will be paid for less than 3 years of the policy term.
The special thing is that the age of the holder of the LIC Kanyadan policy should be between 18-50 years and the daughter’s minimum age should be one year. According to the age of the daughter, the time limit of this policy will be reduced. If a person wants to pay more or less then he can join this policy plan. The minimum age of the investor to enroll in this is 30 years and the minimum age of the daughter of the investor should be 1 year.
Benefit after father’s death
The special feature of LIC policy is that if something untoward happens during the plan and the father dies, then all the premiums of the policy are waived, that is, the installment is paid by LIC. When the girl child turns 21, she is paid Rs 11 lakh. Along with this, at the time when the father dies, LIC immediately gives five lakh rupees to the victim’s family. If the death is due to an accident, an additional Rs 5 lakh is available.
This document required
For this LIC policy, you will need to provide proof of your identity, address, age etc. Aadhar card, address proof, income proof, any one identity proof, birth certificate and passport size photograph will be required in the document. The same application form has to be filled and signed and first premium has to be paid by check or cash.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
