Features of LIC Kanyadan Plan

LIC Kanyadan Plan is the perfect thoughtful strategy to guarantee the life span of our allies.

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It’s limited to restricted premium and gives security and support to girls to maintain their future schooling and union programs. Our objective is to assist and financially encourage families to control the expenses of our allies in fulfilling their fantasies. It’s an ideal gift to our valued daughters and a insurance significant relief to households continually by offering significant financial aid to our brothers’ better welfare and future.What’s the LIC Kanyadan strategy? This strategy is your all-in-one budget for the daughters’ future wellbeing. Which are the Advantages of this LIC Kanyadan program? This LIC brings Kanyadan Policy to help our daughter and accordingly ourselves to present financial freedom by encouraging her schooling, union, and other landmarks. Under the taxation liability law of India, it’s a tax exempt policy. Who will purchase this strategy? The coverage can be purchased from the father of their daughter just determined rather than the girl herself. The kid’s age has to be at least annually in the time significantly of purchasing the dad’s policy.What’s the age limit for purchasing the LIC Kanyadan strategy? The minimum amount to get the coverage is 18 decades, and also the highest age up to which the coverage could be availed is 50 decades.What’s the locking interval of LIC Kanyadan? The locking interval of this coverage can be found in 13 to 25 decades. These documents are required Can there be some beforehand exception in the Strategy? Any extra benefits or claims can’t be taken in the event the policyholder commits suicide over 12 months of purchasing the policy.What’s the frequency of this premium payment? The premium may be paid quarterly, monthly, semi-annually, or yearly depending upon your preference. Yes, the strategy can be obtained for Indian nationals in addition to NRI citizens.Are there some surrender advantages from the LIC Kanyadan strategy? Yes, there’s an choice to cancel the coverage after having a premium for three or more decades. The surrender value is the complete paid premium worth except for almost any rider advantages.

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