Navigate the journey of securing your girl child’s future with the right LIC Policy Plan for Girl Child. Explore key considerations, benefits, and features to make an informed decision tailored to her financial well-being. Ensure a path of financial empowerment with the optimal LIC policy for your beloved daughter.
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LIC Policy Plan for Girl Child
LIC offers various plans suitable for securing a girl child’s future. One popular type of policy is a child insurance plan. Some considerations for selecting the best LIC policy for a girl child include:
- LIC New Children’s Money Back Plan: This plan provides periodic payouts to meet the financial needs of the child at different stages of life. It also offers insurance coverage throughout the policy term.
Eligibility
| Parameters | Minimum | Maximum |
| Entry Age | 0 years | 12 years |
| Maturity Age | 25 years | |
| Sum Assured | Rs. 1,00,000 | No Limit |
| Policy Term | (25 тАУ Entry Age) years | |
- LIC Jeevan Tarun: This is a participating non-linked plan that offers a combination of protection and savings. It provides financial support for the child’s education and other needs.
Eligibility
| Parameters | Minimum | Maximum |
| Entry Age of Child | 90 days | 12 years |
| Maturity Age of Child | 25 years | |
| Sum Assured | Rs. 75,000 | No Limit |
| Policy Term | (25 тАУ Entry Age) years | |
| Premium Paying Term | (20 тАУ Entry Age) years | |
- LIC Jeevan Lakshya: While not specifically designed for children, this policy can be considered for securing a child’s future. It provides a lump sum amount on maturity and continues to provide an income benefit in case of the policyholder’s unfortunate demise.
Eligibility
| Parameters | Minimum | Maximum |
| Entry Age | 8 years | 50 years for a Policy Term of тАУ 25 years 54 years for a Policy Term of тАУ 21 years59 years for a Policy Term of тАУ 16 years |
| Maturity Age | – | 75 years |
| Sum Assured | Rs. 2,00,000 | No Limit |
| Policy Term | 16 years, 21 years, and 25 years | |
| Premium Paying Term | 10 years, 15 years, and 16 years | |
Before making a decision, consider factors such as the policy tenure, premium amount, maturity benefits, and the specific features of each plan. Additionally, it’s crucial to assess the financial goals you want to achieve for the girl child and tailor the policy accordingly.
Always check the latest policy details and features from the official LIC website or consult with LIC representatives or financial advisors to get personalized advice based on your specific requirements and the current market conditions.
Quick links:
- life insurance for a child
- life insurance for children
- life insurance policy
- benefits of lic
- sukanya samriddhi yojana
- lic child plans
- lic kanyadan policy
- life term insurance
- icici prudential life insurance
FAQ’s:
- Which LIC plan is best for girl child education?
- What is the most suitable LIC plan for funding a girl child’s education?
- Which LIC plan is most suitable for funding a girl child’s education?
- Which insurance policy is best for girl child?
- What is the most suitable insurance policy for a female child?
- Which policy is best for kids in LIC?
- What is the optimal policy for children in low-income countries?
- What is the LIC 13 year plan?
- What does the LIC 13-year plan entail?
- What is the 13-year plan offered by LIC?
- What are the different types of LIC Plans for girl child available?
- What types of LIC Plans for girl children are available?
- What types of LIC Plans are available for a female child?
- How do I buy a LIC Plan for a Girl Child?
- How can I purchase a LIC Plan specifically for a female child?
What is the procedure for purchasing a LIC Plan specifically designed for a female child?
- How can I purchase a LIC Plan specifically designed for a female child?
How can I buy LIC girl child policy?
- What is the process for purchasing LIC’s policy for girl child?
- What is the process for purchasing the LIC girl child policy?
- How do I go about purchasing a LIC girl child policy?
- What is the process for purchasing LIC girl child policy?
Which LIC insurance is ideal for girls?
- What is the best LIC insurance for girls?
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Lic FAQ’s visit here : Unlocking LIC Secrets: Top 10 Questions Answered for Financial Clarity