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LIC’s Bima Bachat: Luminating Lives

Bima Bachat is an insurance plan hosted by LIC to tender security in respect of financial matters to the policy possessor and his kin. The insurance policy involves payment of only one single premium which depends upon the choice of the individual who is opting for the scheme including the amount and the period for which the policy is to be taken. Benefits: The benefit of such a policy varies according to the term for .....

Build Your Child’s Fortune, Get The LIC’s Jeevan Kishore Today!

LIC’s Jeevan Kishore insurance policy is for children below the age of 12 years. The policy is suitably made to cover the future of children. It is loaded with enormous benefits and bonuses which are recommended for any kid below the age of 12 years. The policy can be purchased by the parents or grandparents or immediate relatives. The term and regulations under the insurance plan are not that stiff and gives a lot of .....

LIC’s Jeevan Chhaya: Gives Shelter To Your Life -A Complete Review of Jeevan Chhaya

LIC’s Jeevan Chhaya is an Endowment Insurance policy that facilitates financial security against demise throughout the tenure of the life assured. Along with imbursement of Sum Assured instantly on casualty, one-fourth of Sum Assured is given at the completion of each of last four years of plan period whether the insured person dies or survives within the tenure of the plan. It is filled with various benefits. LIC’s Jeevan Chhaya is a with-profit policy and .....

LIC Jeevan Anand Review: Covers Life After Endowment Term

LIC’s Jeevan Anand is a fusion of the Endowment Assurance plan and Whole Life plan which cultivates maximum profit. The insurance plan has ripped off the conventional insurance plan. The plan presents pre-decided secured figure and additional benefits at the maturity of the policy term, still continues the coverage till the demise of an insured person. The insurance plan acts as a boon as it facilitates higher life coverage, unparallel return, death and maturity reimbursement, .....

All You Want to Know About Life Insurance

Life insurance is nothing but insuring yourselves or exactly your life. People normally get cars, trucks, motor cycles; house etc insured so that if anything unexpected happens causing damage to them and the people using them insurance would help them to pay for the losses incurred or even to pay for medical expenses for curing the people hurt in those accidents. Insuring your life would mean that the beneficiary of the insurance who is specified .....

Cash Payment of LIP is Allowed for Deduction u/s 80C

Most of the subscribers of etaxindia.org inquired countless times to me that whether cash payment of life insurance premium to Life Insurance corporation (LIC)/ other life insurance companies is allowed for deduction u/s 80C or not. So I want to clear that there is no provision under the income tax act to disallow any cash payment of LIP to LIC. Payment of LIP to LIC whether in cash or in cheque is allowed under section .....

Jeevan Varsha | Jeevan Varsha Benefits | Jeevan Varsha Features

The Life Insurance Corporation (LIC) has launched Jeevan Varsha, a close-ended guaranteed additions plan, which is open for sale from February 16 to March 31. It is a ‘money back plan’ with only two policy terms of 9 years and 12 years. The survival benefits are payable every three years. Any person who has completed 15 years can buy the policy. The maximum age at maturity will be 75 years. The plan has provisions for .....

LIC Jeevan Aastha

In today’s global recession, investors are looking for fixed returns which has no risk at all. So Life Insurance Corporation of India (LIC) has launched jeevan Aashta to get benefit of this recession. LIC has managed to sell more than 3 lakh Jeevan Aastha policies across the country from its launch on December 8. Celebrities Sachin Tendulkar and Akshay Kumar have put in Rs 18 crore and Rs 10 crore respectively into this product published .....

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