Know About The Details Of LIC Kanyadan Policy Invest 121 Rupees Perday Get 27 Lakhs

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LIC Kanyadan Policy: Millions of people of the country still trust LIC (Life Insurance Corporation), the country’s largest and oldest insurance company. The company brings different types of plans from time to time which helps people to do better future planning. After the birth of a daughter, the parents worry the most about their daughter’s education and her marriage expenses. In such a situation, LIC has also put out a great scheme to overcome this problem. Under this scheme, parents can be completely free from worrying about the wedding expenses of their daughter Rani. The name of this policy of LIC is LIC Kanyadan Policy. This policy has been specially made for planning the wedding expenses of daughters (LIC Kanyadan Policy Benefits).

To take LIC Kanyadan policy, you have to fill a form for it. Along with this, you will need Aadhar Card, Income Proof, ID Proof, Address Proof and Passport Size Photo. Along with this, an application form and birth certificate will have to be submitted along with the first premium of the policy. To take the policy, you can deposit money either by check or cash.

Policy age limit
You can take this policy for a minimum of 13 years and a maximum of 25 years. You can use this money for both the education and marriage of the girl child. The age of the father of the girl child should be more than 30 years while taking this policy. Along with this, the age of the girl child must be at least 1 year. Like this policy, you will have to pay premium for 22 years and you will not have to pay premium for 3 years.

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You have to pay this premium every day
Like this policy, you will have to invest Rs 121 daily. This means that you will have to pay a premium of Rs 3,630 for the month. If you want, you can also pay a lower premium policy. After 25 years, you will get Rs 27 lakh under LIC Kanyadan Policy. On the other hand, if the policy holder dies during the policy, then the family will not have to pay the premium. If the death is accidental, the family will get a lump sum of Rs 10 lakh. If the death has happened under normal circumstances, then Rs 5 lakh will be given. Along with this, the family will also get Rs 50,000 every year till maturity. This policy also includes a death benefit clause.

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