Monday, August 27, 2018

4 Reasons to Invest in LIC Kanyadaan Plan

Life is full of uncertainty, and you should prepare to face the worst in life. An uncertain future holds the huge amount of risks, to cover the risks you should have good financial planning and management.

The reason for the financial planning required is due to the fact that money can solve many problems. So, once something bad happens to you, your near and dear ones can try to fix the problems with the money they will get, from the financial planning you did earlier.

In such cases, future risks can be ‘ill health, accidents, paralysis, joblessness, and untimely death’. Therefore, covering such risks in life is necessary, and one should not be reluctant to opt for it. The best way to cover such risks is opting for life insurance cover.


Sometimes good financial planning is also required to provide support to your family members or children. Especially child education, daughter marriage, etc. can be well managed by a good financial planning with life insurance cover.

LIC Kanyadaan plan in Delhi is one of the best policies to ensure marriage security of your daughter. It takes care of all expenses of marriage and your daughters all marriage wishes can be fulfilled.

Let’s Look into the Benefits of a General LIC Cover:

  1. Protection: The first aim of saving money by giving a premium of life insurance is to secure future, with its guarantee to full protection against the risk of death of the insurer. If the insurer dies due to any normal circumstances, the life insurance policy assures full payment of the sum insured (even the bonuses are paid as applicable). In case of other savings and financial product, only the interests are paid for the amount saved.

  2. Best Saving Option: Life Insurance policies are good for long-term saving plans. It encourages us to save money regularly, with a realistic goal of financial gain in the future. It also checks our unnecessary expenditure and promotes thrift in the general public. The payments of the premium can be easily paid online, with easy installment facilities available. Different installment facilities available are ‘monthly, quarterly, half – yearly, and annually’.

  3. Liquidity: The life insurance policy with loan value can be provided as a security to acquire loans from financial institutions. The LIC plans can also be accepted as security to guarantee commercial loans. Thus, they are also helpful in giving extra financial security.

  4. Tax Relief: Imagine you are saving for child future with ‘LIC child plans in Delhi’and at the same time you are getting tax relief at the same time. The LIC policies are the best financial product, which comes with tax deductions on income tax and wealth tax.

Child LIC Plan Benefits:
  • It covers your child educational expenses.
  • It gives allowances or bonuses, which cover tuition fees, and other miscellaneous expenses
  • It also covers higher education for your child
  • Child plan also ensure all child’s wishes regarding his or her future is fulfilled
So, it is an excellent plan to opt for securing your child’s future.

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LIC child plans in Delhi