What is a Good Amount of Term Insurance You Should Have?
Good Amount of Term Insurance.. depends on your annual income, expenses, number of dependents, long term liabilities.. Rs. 50 lakh term insurance..
Good Amount of Term Insurance.. depends on your annual income, expenses, number of dependents, long term liabilities.. Rs. 50 lakh term insurance..
Benefits of Life Term Insurance includes 1. Low Premiums 2. Sum Assured Payout 3. Income Tax Benefits 4. Return of Premiums 5. Safety for Loans..
ULIP or Unit Linked Insurance plan is a product with dual benefits – Insurance and Investments. You get sum assured and maturity benefits..
Life Term Insurance is simplest Life Insurance that provides Financial coverage to your family after your sudden death to pay for debts / expenses..
Section 80CCC of Income Tax Act allows us to claim deduction for insurance premiums paid, if the policy provides us the pension plan
Section 80D of Income Tax Act helps us to claim deductions for medical insurance premium payments and preventive health check up expenses
Types of General Insurance in India include Motor Insurance, Travel Insurance, Health Insurance and Property Insurance, further divided into sub categories
Why Term Life Insurance is Better – Term Life Insurance provides high coverage amount with low premiums compared to money back plans which makes it better..
4 Types of Life Insurance include Term Life insurance, Unit Linked Market Plan (ULIP), Traditional Insurance Plan and Pension Insurance Plans