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Life insurance: TAX BENIFIT
http://askarul.blogspot.com/2007/04/tax-benifit.html
Wednesday, April 18, 2007. I) For any individual other than the individual referred to in item II and III below. 10% of (total income minus Rs.1,00,000). Rs2,50,000 to Rs.10,00,000. Above Rs.10,00,000. Rs2,50,000 30% of (total income minus Rs.10,00,000). 2% of income-tax and sur-charge. II) In case of resident women below 65 years of age. 10% of (total income minus Rs.1,35,000). Rs2,50,000 to Rs.10,00,000. Above Rs.10,00,000. Rs2,46,500 30% of (total income minus Rs.10,00,000). Above Rs.10,00,000. Under ...
askarul.blogspot.com
Life insurance: What Is Life Insurance?
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Wednesday, April 18, 2007. What Is Life Insurance? Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against. The contract is valid for payment of the insured amount during:. The date of maturity, or. Specified dates at periodic intervals, or. Unfortunate death, if it occurs earlier. That of dying prematurely leaving a dependent family to fend for itself. That of living till old age without visible means of support.
askarul.blogspot.com
Life insurance: April 2007
http://askarul.blogspot.com/2007_04_01_archive.html
Friday, April 20, 2007. LIC's Money plus (Table 180). This is a unit linked Endowment plan which offers investment cum insurance during the term of the policy. You can choose the level of cover within the limits, which will depend on whether the policy is a Single premium or Regular premium contract, term chosen and on the level of premium you agree to pay. 1 Payment of Premiums:. On the Life Assured surviving the maturity date of the contract, an amount equal to the Fund value of the units held in the P...
askarul.blogspot.com
Life insurance: LIC's Money plus (Table 180)
http://askarul.blogspot.com/2007/04/lics-money-plus-table-180.html
Friday, April 20, 2007. LIC's Money plus (Table 180). This is a unit linked Endowment plan which offers investment cum insurance during the term of the policy. You can choose the level of cover within the limits, which will depend on whether the policy is a Single premium or Regular premium contract, term chosen and on the level of premium you agree to pay. 1 Payment of Premiums:. On the Life Assured surviving the maturity date of the contract, an amount equal to the Fund value of the units held in the P...