Daughters Day Special News: This year, 27 September is International Daughters Day on Sunday. If you want, you can give a golden gift to your daughter on this Dutters Day by buying the life insurance policy of Life Insurance Corporation of India (LIC). To buy this policy, you have to spend only as much as you spend on tea, paan, gutkha, cigarette or tea. That is, if you spend 121 rupees daily, then your daughter will get a golden gift on Datars Day.
But just wait, sir
Do you know how much you or your daughter will gain by spending this 121 rupees daily? No. We tell you that if you buy this plan of LIC by spending 121 rupees daily, then you will be relieved from your daughter’s education, marriage and marriage. Can’t believe it? Let’s know its benefits …
What is LIC Kanyadan Policy Scheme?
LIC Kanyadan Policy Scheme has been started by the Life Insurance Company of India to invest for the marriage and education of daughters. Under this scheme, any person can invest for his daughter’s wedding. This plan is for 25 years. Under this scheme, people will have to pay a premium of Rs 3600 a month by saving Rs 121 daily, but people will have to pay the premium only for 22 years. After completion of 25 years of this LIC Kanyadan policy, you will get 27 lakh rupees.
What is the eligibility rule for taking a plan?
You can take this insurance plan for 13 to 25 years. Under LIC Kanyadan Policy Scheme, you have to pay the premium for less than 3 years of your chosen term. Any person can take insurance of at least 1 lakh rupees.
Who can take the policy?
To take a policy under the LIC Kanyadan Policy Scheme, the father’s age should be between 18 and 50 years. In addition, 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 found according to the different ages 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.
Purpose of the scheme
The main objective of this scheme is to save for daughter’s education and marriage. LIC has started a policy to invest for the daughter’s marriage for this purpose. Through the LIC Kanyadan Policy, fathers will be able to fulfill all the future requirements of their daughter and they will be free from money troubles in their daughter’s marriage.
Exemption in income tax
Under LIC Kanyadan plan, exemption on premium is provided in section 80C of the Income Tax Act 1961. This rebate can be obtained up to a maximum of one and a half lakh rupees. Simultaneously, exemption is also given on the amount of maturity or death claim under section 10 (10D).
Premium can vary according to income
Under LIC Kanyadan policy, the applicant can increase or decrease the amount of premium according to his income. It is not necessary that the applicants deposit only Rs 121 daily. If he can accumulate more than this, he can. If he cannot deposit Rs 121, then he can take a plan with less premium than this.
What is the benefit of the policy?
If the insured dies under this policy, then his family will be given Rs 5 lakh immediately.
During the plan, the death benefit to the policyholder is paid in annual installment, which meets the financial needs of the family after the death of the policyholder.
In this plan you also get the benefit of bonus declared by LIC every year.
If the insured dies in an accident, then his family will be given Rs 10 lakh.
If a person deposits Rs 75 a day, then after 25 years of paying monthly premium, he will get Rs 14 lakh at the time of marriage of the daughter.
If a person saves Rs 251 daily, he will get Rs 51 lakh after 25 years of paying the monthly premium.
This LIC Kanyadan policy keeps paying every year even after getting married for the rest of its life.
If the death of the insured falls between a period of 25 years, then 10% of the original sum assured will be paid every year from the year of death till the date of maturity.
Any person can get 11 lakh rupees for their daughter’s wedding by saving 75 rupees a day.
These documents will be needed
Passport size photo
Duly filled and signed form of the proposal for the scheme
Check or hair to fill the first premium