21/01/2020
*L I C* presents Now or Never Scheme
----------------------
*Balak - Palak Scheme* (Child - Parent scheme).
🇮🇳
How to *Create Fund* under
*LIC's Balak - Palak* Scheme.
🇮🇳
Say you plan to arrange for
*₹ 25 Lakh* in next 25 years for your
*Child's Education / Marriage Provision*,
You need to arrange for
25 Lakh ÷ 25 years =
*₹ 1 Lakh p.a.*
Let's see how this Fund is arrived at in *LIC*.
✅ You need to save only
₹ 46,000/- for your child.
☑
*LIC will deposit*
*₹ 66,520/- in your child's account every year.*
💚 Means,
every year
*₹ 1,12,520/-* will be deposited in your / child's account.
Thus, in 22 years, at the rate of
₹ 1,12,520/- p.a.,
An amount of
₹ 24,75,440/-
Will be credited / accrued in your account.
*Premium Holiday* -
---------------
No need to contribute / pay anything during college / higher education years of 23, 24 & 25 age of your child.
Still then,
LIC would, during these
Premium Holiday, *continue contributing*
*Yearly ₹ 66,520/- in your account*.
In other words, during last 3 years, without any contribution from your side,
*LIC would still deposit ₹ 1,99,560/- in your account*.
💚 After 25 years, you will get
₹ 24,75,440/-
+
₹ 1,99,560/-
Totalling
*₹ 26,75,000/-*
*This Fund may be used for your*
*Child's Higher Education / Marriage Purpose*
*What will Happened*
⭕
In case of unfortunate *Death* of proposer,
Who will provide future contributions ?
What about the targeted Fund Creation concept ?
💔 *How to keep intact your Dreams / Planning ?*
🚺 How to foolproof Child's Education /Marriage Fund Provision ???
🎯 *Fortunately, this plan has Incorporated steps to safeguard all your concerns & Intrests*.
📍In case of unfortunate Accidental Death of *proposer,*
*LIC* will immediately pay *₹ 20 Lakh to the nominee*.
🚫
In case of Normal Death, an amount of
*₹ 10,00,000/-*
Will be paid to the nominee.
💙 After Death, all the way upto the planned cash flow
( Upto Child attaining 25 year's age )
LIC would continue contributing Yearly
*₹ 66,520/-*
In your account.
💛 *Even proposers contribution of*
*₹ 46,000/- would be borne / paid by LIC*
💚
This way, every year,
*Fund of ₹ 1,12,520 will go on adding*.
🎯
Ensuring that your Child definitely gets
*₹ 26,75,000/-* after desired time period.
🏆
In addition to all above, from the time of proposers unfortunate Death to the end of your plan,
*LIC would also provide a *Scholarship* of
₹ 1 Lakh every year so that *Child's Education* is not Disturbed / Interrupted even in the absence of *Breadwinner*.
*Meaning thereby that your 🎯 GOAL WILL be definitely achieved*.
Your *Fund Creation continues, uninterrupted, even in your absense*.
To get benefit from this scheme, following documents are required -
1. PAN Card
2. Age Proof (Birth Certificate, School Leaving Certificate, Passport, etc. )
3. 2 photos.
To get benefit,
Contact immediately -
*Kumar J Mehta*
(Insurance Advisor)
*9930 83 84 85*
*99 2061 2061*
*[email protected]*
