LIC’s KANYADAN PLAN

You can take this insurance plan for 13 to 25 years. Under this LIC Kanyadan Policy Scheme, you will have to pay the premium for less than 3 years of your chosen term. Any person can take insurance up to a minimum of Rs 1 lakh. Dear friends, today through this article we are going to share with you all the information related to this scheme like application process, documents, eligibility etc. So read our article carefully.

Life Insurance Corporation Kanyadan Policy Scheme 2022

To take the policy under LIC Kanyadan Policy Scheme, the minimum age of the father should be between 18 to 50 years and the minimum age of the daughter should be 1 year. This plan will be available for 25 years. This LIC Kanyadan policy scheme can also be available according to the different age of you and your daughter. The time limit of this policy will be reduced according to the age of the daughter. If a person wants to pay more or less premium then he can join this policy plan and can take advantage of this plan.

Objective of LIC KANYADAN POLICY 2022

The main purpose of this scheme as you know that it is very difficult to save for daughter's marriage, so Life Insurance Corporation of India company has started the policy of investing for daughter's marriage so that people can invest in this scheme to make their own money. Can add money for bright future of daughter. Through this LIC Kanyadan Policy, the father will be able to fulfill all the future needs of his daughter and you will be able 

to fulfill all the dreams of your daughter and you will be free from the troubles regarding money in your daughter's marriage.

Difference between LIC Kanyadan Policy and Sukanya Samriddhi Yojana

Serial Number Aadhaar Sukanya Samriddhi Yojana LIC Kanyadan Policy	1. Citizenship can be applied for by Indian citizens only. It is not mandatory for the applicant to be an Indian citizen to get the benefit of this scheme.	2. Age This plan can be purchased before the daughter completes 10 years of age. Daughter's age at least 1 year Father's age from 18 years to 50 years	3. The account holder will be the daughter of the account holder under Sukanya Samriddhi Yojana. Under the LIC Kanyadan policy, the account holder will be the father of the daughter.
4. Pay as per Sum Assured Limited Minimum one lakh, no maximum limit.	5. Limit Rs 150000 Lakh No limit.	6. Account Maturity Period: The account can be operated by the girl child till she attains the age of 21 years or till she gets married after the age of 18 years. 13 to 25 years	7. Loan facility is not available. Loan can be availed after 3 years of buying the policy.
8. Terms of Payment Up to a maximum of Rs.1.5 lakh per annum can be invested under this scheme. 3 years within the term of the policy.	9. Type of Scheme This is a savings scheme launched for the education and marriage of the girl child. The features of Jeevan Lakshya plan are combined in this plan.	10. In the event of death, if the account holder dies, the amount is paid to the parents of the account holder at regular interest. The premium is waived off in the event of the death of the father.	11. Compensation No compensation is provided. If death occurs due to natural cause then ₹ 500000, if death occurs due to an accident ₹ 1000000.
Serial Number Aadhaar Sukanya Samriddhi Yojana LIC Kanyadan Policy	1. Citizenship can be applied for by Indian citizens only. It is not mandatory for the applicant to be an Indian citizen to get the benefit of this scheme.	2. Age This plan can be purchased before the daughter completes 10 years of age. Daughter's age at least 1 year Father's age from 18 years to 50 years	3. The account holder will be the daughter of the account holder under Sukanya Samriddhi Yojana. Under the LIC Kanyadan policy, the account holder will be the father of the daughter.
4. Pay as per Sum Assured Limited Minimum one lakh, no maximum limit.	5. Limit Rs 150000 Lakh No limit.	6. Account Maturity Period: The account can be operated by the girl child till she attains the age of 21 years or till she gets married after the age of 18 years. 13 to 25 years	7. Loan facility is not available. Loan can be availed after 3 years of buying the policy.
8. Terms of Payment Up to a maximum of Rs.1.5 lakh per annum can be invested under this scheme. 3 years within the term of the policy.	9. Type of Scheme This is a savings scheme launched for the education and marriage of the girl child. The features of Jeevan Lakshya plan are combined in this plan.	10. In the event of death, if the account holder dies, the amount is paid to the parents of the account holder at regular interest. The premium is waived off in the event of the death of the father.	11. Compensation No compensation is provided. If death occurs due to natural cause then ₹ 500000, if death occurs due to an accident ₹ 1000000.
Serial Number Aadhaar Sukanya Samriddhi Yojana LIC Kanyadan Policy	1. Citizenship can be applied for by Indian citizens only. It is not mandatory for the applicant to be an Indian citizen to get the benefit of this scheme.	2. Age This plan can be purchased before the daughter completes 10 years of age. Daughter's age at least 1 year Father's age from 18 years to 50 years	3. The account holder will be the daughter of the account holder under Sukanya Samriddhi Yojana. Under the LIC Kanyadan policy, the account holder will be the father of the daughter.
4. Pay as per Sum Assured Limited Minimum one lakh, no maximum limit.	5. Limit Rs 150000 Lakh No limit.	6. Account Maturity Period: The account can be operated by the girl child till she attains the age of 21 years or till she gets married after the age of 18 years. 13 to 25 years	7. Loan facility is not available. Loan can be availed after 3 years of buying the policy.
8. Terms of Payment Up to a maximum of Rs.1.5 lakh per annum can be invested under this scheme. 3 years within the term of the policy.	9. Type of Scheme This is a savings scheme launched for the education and marriage of the girl child. The features of Jeevan Lakshya plan are combined in this plan.	10. In the event of death, if the account holder dies, the amount is paid to the parents of the account holder at regular interest. The premium is waived off in the event of the death of the father.	11. Compensation No compensation is provided. If death occurs due to natural cause then ₹ 500000, if death occurs due to an accident ₹ 1000000.
Serial Number Aadhaar Sukanya Samriddhi Yojana LIC Kanyadan Policy	1. Citizenship can be applied for by Indian citizens only. It is not mandatory for the applicant to be an Indian citizen to get the benefit of this scheme.	2. Age This plan can be purchased before the daughter completes 10 years of age. Daughter's age at least 1 year Father's age from 18 years to 50 years	3. The account holder will be the daughter of the account holder under Sukanya Samriddhi Yojana. Under the LIC Kanyadan policy, the account holder will be the father of the daughter.
4. Pay as per Sum Assured Limited Minimum one lakh, no maximum limit.	5. Limit Rs 150000 Lakh No limit.	6. Account Maturity Period: The account can be operated by the girl child till she attains the age of 21 years or till she gets married after the age of 18 years. 13 to 25 years	7. Loan facility is not available. Loan can be availed after 3 years of buying the policy.
8. Terms of Payment Up to a maximum of Rs.1.5 lakh per annum can be invested under this scheme. 3 years within the term of the policy.	9. Type of Scheme This is a savings scheme launched for the education and marriage of the girl child. The features of Jeevan Lakshya plan are combined in this plan.	10. In the event of death, if the account holder dies, the amount is paid to the parents of the account holder at regular interest. The premium is waived off in the event of the death of the father.	11. Compensation No compensation is provided. If death occurs due to natural cause then ₹ 500000, if death occurs due to an accident ₹ 1000000.

Till what age LIC KANYADAN POLICY will be available?

To take LIC Kanyadan policy, your minimum age should be 30 years and your daughter's minimum age should be 1 year. You get this policy for a period of 25 years. Under which you have to pay premium only for 22 years. Friends, let us tell you that it is not necessary that you get this policy done only when your daughter is 1 year old. You can take this policy at any time. The term of this policy can be increased or decreased according to the age of your daughter.

LIC Kanyadan Policy Premium Amount

Under the LIC Kanyadan policy, the applicant can increase or decrease the amount of premium according to his income. It is not necessary that the applicant should deposit only ₹ 121 per day. If he can deposit more than this, then he should deposit more. If he cannot deposit ₹121, then he can take a plan with a premium less than this. Friends, if you want to get other information related to LIC Kanyadaan Policy, then you can visit the official website of LIC.

When will the premium be paid?

You can pay the premium under this plan as per your convenience. You can either pay the premium daily or in 6 months or in 4 months or in 1 month. You can pay the premium as you like.

 

Key Facts of LIC Kanyadan Policy

• Through LIC Kanyadan policy, you can make your daughter's future financially independent.

• This policy will provide life risk cover for a period up to 3 years prior to the maturity date.

• Under this policy a lump sum amount will be provided to the life assured at the time of maturity.

• Under LIC Kanyadaan policy, no premium will have to be paid in case the father dies.

• If the beneficiary dies due to the accident, then his family will be provided Rs.1000000.

• If the death of the beneficiary is due to natural cause then in this case ₹ 500000 will be provided.

• Premium of ₹ 50000 per annum will be paid till the date of maturity.

• LIC Kanyadan Policy can also be availed by Indian citizens living outside India.

 

FEATURES OF LIFE INSURANCE CORPORATION KANYADAN POLICY 2021.

 

• If a person dies after taking part under this policy, then his family will not have to pay premium in this policy.

• And his family will be given Rs 1 lakh every year by the LIC company and after the completion of 25 years of the policy, Rs 27 lakh will be given separately to the nominee of the policy.

• Any person can invest under this scheme for the marriage of his daughter.

• This is a unique scheme that creates a fund for your daughter's marriage and education.

 

Benefits of LIC Kanyadan Policy 2021

 

• • If the insured dies under this policy, then his family will be given Rs 5 lakh immediately.
• • The death benefit received by the policyholder during the plan is given in annual installments, which meet the financial needs of the family of the policyholder after the death of the policyholder.
• • In this plan you also get the benefit of bonus declared by LIC every year.
• • If the death of the insured happens in an accident, then his family will be given Rs 10 lakh.
• • If a person deposits Rs.75 per day, then after 25 years of paying monthly premium, Rs.14 lakh will be provided at the time of daughter's marriage.
• • If a person saves Rs 251 daily, then after 25 years of paying monthly premium, Rs 51 lakh will be given.

• This LIC Kanyadaan policy keeps paying every year for the whole life time even after getting married.

• If the death of the insured occurs between the term of 25 years, then 10% of the Basic Sum Assured will be given every year from the year of death till the date of maturity.

• Any person can save Rs.75 per day and get Rs.11 lakh for the marriage of his daughter.

• The premium payment term under LIC Kanyadan policy is limited.

• This policy is a for-profit endowment insurance plan that comes with insurance and savings.

• The premium paying term is 3 years less as compared to the policy term.

• There are different premium payment modes under LIC Kanyadan policy which are Monthly, Quarterly, Half Yearly and Yearly.

• If the beneficiary of this plan dies within the term of the policy, 10% of the Sum Assured is payable every year up to 1 year before the maturity date.

• The term of LIC Kanyadan policy is between 13 to 25 years.

• The policy holder can choose to pay as per his requirement. Which is 6, 10, 15 or 20 years.

• Benefit of disability rider can also be availed under this plan. This benefit can be availed only if the premium paying tenure is at least 5 years.

• The premium chart of LIC Kanyadan policy is very simple which can be understood easily.

• Under this plan, if the policy is active and the policy holder has paid the premium for 3 years, then loan can also be obtained through this policy.

• This policy is completely tax free.

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Eligibility for LIC Kanyadan Policy

• This policy can be purchased only by the father of the daughter.

• The age limit under this scheme is 18 to 50 years.

• Daughter's age should be at least 1 year to buy LIC Kanyadan policy.

• Minimum Sum Assured at the time of maturity should be ₹100000.

• There is no limit on the maximum Sum Assured at the time of maturity.

• There is a policy term of 13 to 25 years under this plan.

• The term of the policy under LIC Kanyadan policy is 3 years more than the premium paying term. If the policy term is 15 years, then the policy holder will have to pay the premium for 12 years only.

 

How to apply for LIC Kanyadan Policy?

 

Interested beneficiaries who want to apply under this policy, then you can contact me on the phone number given below, then our team will tell you the term of LIC Kanyadan policy, you have to choose it according to your income, then our team will give you all your You will have to give information and your documents, after which he will fill your form. In this way you can join LIC Kanyadan Policy Scheme.You can contact us to get more information related to the scheme.

How To Purchase  LIC’s  KANYADAN PLAN ?

Since the plan is not available for online purchase on the GIP website, you can buy it via an offline method. You can visit to an office and the customer representative present there will assist you in buying the plan. Make sure to bring all your necessary documents to make your purchase seamless and convenient. You can also make a call to the company’s customer care number to ensure you bring the relevant documents to our office.

 

 If you have any questions on this plan, please contact our team and we would be happy to help. 

Thank You,

Team

(Growmore Insurance Point)