#NRImoneyclinic #LICinternational #ChildEducationPlanning

REVIEW OF PROFESSIONAL EDUCATION PLAN FROM LIC INTERNATIONAL -PLAN 219

DISCLAIMER

It Is Not A Paid Promotion
It Is A Unbiased Product Review

HOW THE PLAN WORKS ?

Plan Is Denominated In Dollars
Parent Has To Invest Over a 5 Year Period
Child Gets Pre Defined Cash For Education
Child Gets Cash In 18th , 19th, 20th, 21st , 22nd & 23rd Year
Waiver Of Premium Payment Benefit Rider Is Available

ADVANTAGES OF PLAN

Plan Denominated In Dollars
No Minimum Slab – Any Level Of Contribution OK
100% Tax Free
Short Period Of Payment
Guaranteed Returns
Returns Beat Bank Rate
Returns Beat Inflation Rate
Plan Portable To India

DISADVANTAGE OF PLAN

Life Of Child Is Covered
No Exit Route
Money Is Paid To Child At 18yrs and above
( Instead of Parent )