Lic Kanyadan Plan
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Lic

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Lic Kanyadan Plan vs Lic

Lic Kanyadan Plan

(A Perfect Gift For Your Beloved Daughter) LIC Kanyadan policy is the perfect financial coverage for your daughter with a very low premium. Unlike other plans, this is a unique plan that organizes a backup fund for the future expenses of your daughter in support of her marriage and education. In Ind...

Lic

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the policyholder on annuity age. The annuity plan also allows joint life cover. The plan provides annuity payments of a stated amount throughout the lifetim...

PLAN DETAILS

Lic Kanyadan Plan


Lic

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Limited premium payment term
  • Choice of policy tenure
  • Loan facility
  • Annuity Options
  • Loan Facility
  • Guaranteed Annuity Rates
Plan Maturity age Maximum Maturity Age - 50 years Maximum Maturity Age - Whole life
Premium payment term Policy term minus 3 years -
Plan Entry Age Minimum Age - 18 years Maximum Age - 50 years Minimum Age - 25 years Maximum Age - 100 years
Sum assured Rs 1 lakhs to No limit Rs 1 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 13 years Maximum term - 25 years Minimum term - 5 years Maximum term - Whole life
Claim Settlement Ratio (2023-24) 98.62 98.62

Know More About Plans

Overview

(A Perfect Gift For Your Beloved Daughter)

LIC Kanyadan policy is the perfect financial coverage for your daughter with a very low premium. Unlike other plans, this is a unique plan that organizes a backup fund for the future expenses of your daughter in support of her marriage and education.

In India, when a girl child is born in a family, the first thing that bothers the family most is her education and marriage expenses. But now LIC has launched a plan which is really a great relief for the families by providing them with financial assistance in raising their daughters. You can read the ‘Kanyadan Policy’ details in Hindi also to know how the plan is designed as a combination of some researched plans so that it gives maximum profit and meets the basic requirements.

LIC Kanyadan Plan offers you a range of benefits including:

why-choose
  • Limited premium payment term
  • Disability rider
  • Death benefits
  • Maturity benefits
  • Tax benefits
  • Choice of sum assured

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.