LIC Aadhaar Shila Policy: Financial Security for Women
The Life Insurance Corporation of India (LIC) is the largest insurance company in the country, offering a variety of policies to provide benefits and financial security. It’s important to choose the right policy for your needs. One such policy is the LIC Aadhaar Shila, exclusively available for women.
Coverage Amount and Premiums
For this policy, you need to opt for insurance coverage starting from a minimum of Rs. 75,000 up to a maximum of Rs. 3 lakhs. Let’s take an example: if you choose coverage of Rs. 3 lakhs, and you’re 30 years old, the monthly premium would be around Rs. 900.
Special Considerations for Daughters
If you want to insure your daughter’s future, there’s an option for that too. For instance, if your daughter is 15 years old, the monthly premium would be around Rs. 870. This premium will provide coverage of more than Rs. 3 lakhs when the policy matures after a 20-year tenure.
If you’re willing to pay a slightly higher premium, around Rs. 1570 per month, you can ensure coverage of up to Rs. 6 lakhs.
In conclusion, the LIC Aadhaar Shila policy offers women a chance to secure their financial future with varying coverage options and premiums tailored to individual needs.