Every parent dreams of a joyful and memorable wedding for their child. However, with rising costs, planning a wedding requires careful financial preparation. I am Shankar Krishna Sawant, a licensed Insurance Advisor with LIC of India, based in Bardez, North Goa. From my office at H No 585/4 Malim Betim, Penha de France, near Datta Mandir, I guide families through secure and goal-focused LIC marriage plans.
A marriage is not just a ceremony—it’s a milestone. Whether you're preparing for your daughter's traditional wedding or your son’s destination celebration, it’s wise to build a financial foundation that supports those dreams without burdening your savings or requiring loans.
LIC offers long-term savings plans specially designed to meet future financial goals like marriage. These plans allow you to invest a fixed amount over time, which grows with guaranteed returns and bonuses. When the time comes, you receive a lump sum that can be used for marriage expenses including venue, jewelry, travel, and other arrangements.
I recommend LIC’s marriage plans to parents who want to secure their child’s future without worrying about last-minute financial stress. It’s a disciplined way to build a fund, while also enjoying benefits like life cover and tax savings.
I start with a conversation. I understand your child's current age, your target timeline for the wedding, and the estimated financial requirement. Based on this, I suggest the most suitable LIC plan with a premium that fits your monthly budget. Whether you prefer a money-back plan, endowment policy, or child-specific investment plan, I provide clear advice and handle all documentation for a smooth start.
Guaranteed Savings: Assured maturity amount to meet future goals.
Bonus Accumulation: LIC policies earn bonuses that boost your returns.
Life Coverage: Ensures that the plan continues even if something happens to the parent.
Flexible Premium Modes: Choose monthly, quarterly, or yearly payment options.
Loan Facility: Access your savings in case of emergency before maturity.
Tax Benefits: Premiums qualify for deduction under Section 80C and returns are tax-free under Section 10(10D).
A family from nearby Betim approached me with a simple goal—to secure funds for their 8-year-old daughter’s wedding by the time she turned 25. I helped them select an LIC endowment policy with a 17-year term. Today, they are peacefully saving every month, confident that they’ll be fully prepared when the day arrives.
My commitment doesn't end once you purchase the policy. I assist with NEFT registration, premium reminders, nominee changes, address updates, and maturity claims. When the policy matures, I make sure the payout is processed without delays, so you can focus on planning the celebration.
Marriage is a proud and emotional moment for every parent. With proper planning through LIC’s marriage plans, you can make it special and stress-free. The earlier you begin, the better the returns. I’m here to help you take the right steps, every step of the way.