Do you know this policy of LIC? Don't worry about your daughter's future, check out the details

It is specially designed for parents of girls. Premium is payable every month.

A lot of money has to be kept for the girl's education and marriage. There are other costs too. LIC has come up with 'Kanyadan Policy' so that parents do not have any difficulty in meeting those expenses. It is specially designed for parents of girls. Premium is payable every month. At the end of the term, big money comes in one go.

LIC Kanyadaan Policy:

Name – LIC Kanyadaan Policy 2023.

Launched by – LIC Bank.

Purpose – Saving for daughter's education and marriage.

Beneficiary – Daughter.

Official Site – https://licindia.in/

Policy Details:

Minimum Basic Sum Assured – 100000 Tk.

Maximum Basic Sum Assured – No upper limit. The principal sum insured should be a multiple of 1000.

Policy tenure – 13 to 25 years.

Policy Features: Will help secure daughter's future as well as become financially independent.

Life risk cover is available up to 3 years prior to the policy expiry date.

A lump sum is paid on maturity.

If the father of the daughter dies during the policy, the remaining premium is waived off.

If someone in the family dies due to an accident, 10 lakhs is given immediately. 5 lakh is given in case of normal death. Besides, Rs.50,000 is paid to the beneficiary every year till the date of maturity.

Full amount of maturity is received on maturity.

NRI citizens can avail this policy even without visiting the country.

Policy benefits: 14 lakhs after 25 years by depositing 75 rupees per day. And if you deposit 251 taka daily, you will get 51 lakh taka after 25 years.

Bonus is available every year in this policy.

LIC Kanyadaan policy pays for the life of a girl even after her marriage.

In case of death of the policy holder during the term of the policy, 10 percent of the basic sum assured is paid every year from the year of death to the date of maturity.

Less than 3 years of tenure has to pay premium.