Additionally, the policyholder has to provide bank account details for neft transfer of the maturity benefit.
Minimum Policy Term for this plan is 10 years and Maximum Policy Term is 35 years.
If you think that it is enough to just plan for your daughter's marriage then this.
Income Tax Benefit Available under Section 80 C for premiums paid and Section 10 (10D) for Maturity returns.As indicated by this plan, the protected individual gets the aggregate amount and in addition the reward that comes as maturity benefit, however it ought to be recollected that the life cover picked is legitimate till the demise of the insured.This is basically a fund for the future expenses of your daughter.Annuity for life with a provision of 50 of the annuity payable to spouse during his/her lifetime on death of the annuitant.There is no maximum limit on purchase or annuity.
The Maturity Paid-up Sum Assured in LIC Aadhaar Stambh brothel prices in nevada plan shall be equal to (Number of premiums paid / Total Number of premiums payable) x (Sum Assured on Maturity).
Note : You can surrender the policy in the first 3 years too, but youll only get your funds after the policy completes 3 years.
This simple example will let you know how the LIC Kanyadan policy can be beneficial for you.The Special Surrender Value shall be determined by the Corporation from time to time subject to prior approval of irdai.No surrender value shall be payable under this policy.If you have any further questions on LIC Aadhaar Stambh Policy, feel free to post your questions to our comments box.However, the insurance holder is allowed to pay within tenure of 2 years from the due date of the first unpaid premium.Salient Features Flexible Monthly Premium payments and the Sum Assured is 250 times the Monthly Premium amount.Death Benefit : In case of the demise of the insured person the beneficiary of policy LC Jeevan Anand is payable of total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be inforce.On 28 February highest paid prostitute in mumbai 2011, the NAV is.9610.The benefit that she will reap after 15 years is a total of 50 lakhs per year once she is 16 years of age.
In order to make a claim on death, the entitled nominee shall be required to present the claims form along with the original policy documents as issued by LIC in the name of the insured.
Loan facility is available under this plan after the payment of premiums for at least three full years.
Paid Up Value in LIC Aadhaar Stambh Plan.