LIC Kanyadan Policy 2024 : Features, Eligibility Criteria, Benefits & More Details

LIC Kanyadan Policy 2024 : Features, Eligibility Criteria, Benefits & More Details

Life Insurance Corporation of India (LIC) Kanyadan Policy 2024

If you are worried about your daughter's marriage, Life Insurance Corporation of India has come up with a plan for you. can remove your worries. This Life Insurance Corporation of India (LIC) Kanyadan Policy (LIC Kanyadan Policy) which can give you huge amount till your daughter's marriage. But for this you have to save a little every day. This Life Insurance Corporation of India (LIC) policy is specially launched for marriage of daughters only, hence the policy is named Kanyadaan policy by Life Insurance Corporation of India (LIC). Let's know about the features of this LIC Kanyadaan policy…

Now Life Insurance Corporation of India (LIC) has launched a scheme. Which helps the families financially for the future expenses of their daughters. Life Insurance Corporation of India (LIC) Kanyadaan policy has excellent financial coverage for your daughter's future. This is a unique plan compared to other plans that can create a backup fund for your daughter's future expenses for marriage and education. Kanyadaan policy is a unique scheme and the only scheme in the insurance sector. This kanyadan policy provides financial support to the needs of the girl child in case of death of the parents.

Life Insurance Corporation of India (LIC) Kanyadan Policy 2024

• Article name - LIC Policy
• Policy Name - LIC Kanyadan Policy
• Premium amount - Rs 121 per day
• premium year :- 22 Year 
• Amount eligible to be received - 27 lakhs
• Official Portal - https://licindia.in/

Needed documents

Aadhaar card, income proof, identity proof, address proof and passport size photo are required if you want to open an account in this scheme of Life Insurance Corporation of India (LIC) . Also, you will need to provide a signed application form and a check for premium or cash, as well as a birth certificate. If any of these documents are missing then your Life Insurance Corporation of India (LIC) Kanyadaan policy account will not be opened.

Features of LIC Policy

1. When a policy holder dies, the premium is waived off.
2. 10 lakh rupees is given immediately in case of death in accident.
3. 5 lakh rupees is given immediately in case of natural death
4. 50,000 is paid annually till the maturity date.
5. There is life risk protection for a period of 3 years before maturity.
6. Both Indian Residents and NRIs can avail this service.

Eligibility For LIC Kanyadan Policy 2024 

Age limit is fixed under this policy. If your daughter is one year old and your minimum age is 30 years then you can take the policy. This Life Insurance Corporation of India (LIC) Kanyadan Policy is a 25 year plan while you have to pay the premium for 22 years. In addition, this policy benefits the scheme by increasing the premium at different ages.

This policy is beneficial for low and high income earners. In this, security of capital is assured along with fixed income. In this if you deposit 121 rupees daily then you will get 27 lakh rupees. The most important thing about this LIC Kanyadaan policy is that this plan is for 25 years. But you have to pay the premium only for 22 years. In case of death of the insured in the middle of the policy, the family will not have to pay any premium. At the same time, the daughter will get 10 percent of the sum assured every year during the remaining years of the policy.

A look at LIC Kanyadan Policy

1. Life Insurance Corporation of India (LIC) Kanyadan policy can be taken for 25 years.
2. The premium has to be paid up to 22 years.
3. 121 rupees per day or about 3600 rupees per month.
4. If the insured dies midway, the family will not have to pay any premium.
5. During the remaining years of the policy, the daughter will get Rs 1 lakh per year.
6. On maturity of the policy, the nominee will get Rs 27 lakh.
7. This policy can also be taken for a higher or lower premium.

LIC Policy New Update: Death Benefit

Life Insurance Corporation of India (LIC) also offers death benefit in Kanyadaan policy. If the LIC Kanyadan policy holder dies for any reason after taking the policy, the family will not have to pay any other premium. If the death is accidental, the family will be given a lump sum of Rs 10 lakh. If this happens under normal circumstances, the family members get an amount of five lakhs.

How much premium has to be paid?

In Life Insurance Corporation of India (LIC) kanyadan policy you have to save 121 rupees per day which means you have to invest 3600 rupees per month. After which if you have paid the full amount of Life Insurance Corporation of India (LIC) Kanyadaan policy, you will get 27 lakh rupees till the daughter's marriage. This policy is administered by Life Insurance Corporation of India (LIC).

Helpline Contact Number

Mesesana And Kutch No - Mehsana +919925167388, Kutch +919726523390