LIC Plans You Can Take for Mentally Disabled Girl Child – Eligibility & Options
Yes — a mentally
disabled girl child can have an LIC policy, but with some specific
conditions and procedures.
Here’s how it works
🏦 1. Policy ownership
- The policy
will be taken in the child’s name, but the parent or legal guardian
will be the proposer and life assured may vary depending on the
plan.
- In
most cases, the parent is the life assured, and the child is the
nominee or beneficiary.
2. Eligible plans
- Child
Plans like LIC Jeevan Tarun, LIC New Children’s Money Back,
or LIC Single Premium Endowment Plan — can be taken by parents for
the benefit of the child, even if the child is mentally disabled.
- However,
plans directly insuring the disabled child’s life are not
available in all cases — LIC evaluates such proposals individually.
3. Medical & Mental
Assessment
- LIC
usually asks for a medical report or certificate from a government
hospital or psychiatrist confirming the child’s condition.
- Acceptance
depends on the severity (mild, moderate, or severe mental
disability).
4. Alternative Option
If the child cannot be insured directly:
- The parent
can take a policy on their own life (like LIC Jeevan Umang, LIC
New Endowment Plan, etc.)
- And nominate
the disabled child — ensuring future financial support.
🧍♀️ Example
A parent takes LIC Jeevan Umang (₹10 lakh) — parent
is life assured, and the mentally disabled daughter is nominee.
After the parent’s death, the child receives the lump sum or regular income
as per the policy.
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