Benefits of marriage fund policy
Secured future corpus
Creates a dedicated fund that is ready at the time of your child’s marriage.
Parents don’t have to worry about future expenses.
Life cover + savings together
In case of policyholder’s death, the family receives sum assured + fund value.
Premium is waived off and the policy continues till maturity.
Goal-based planning
Helps achieve a fixed target after 18-20 years.
Systematic savings ensure a large lump sum corpus at right time.
Tax benefits
Premium qualify for deduction under section 80C.
Maturity proceeds are tax-free under section 10(10D).