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Qualifying for Life Insurance – Things to Know
Looking forward to avail a life insurance policy but don’t know if you are eligible for the same? Here are appropriate eligibility conditions and restriction for the same: Eligibility Criteria for Basic Plan The Age – The age at entry for individual is between 20 to 60 years (age nearest birthday). The age of the […]
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Tax Benefits and Life Insurance – Things you are Unaware of
Most people invest in life insurance plans with an aim to save money on tax. This is because they believe the premium waged towards a policy is entitled for deduction under Section 80C. So they buy a variety of insurance plans, including endowment plans, Ulips etc. They also pay higher premium annually and avail lower […]