Basics for a Life Insurance Policy
- Thread starter bhartiaxa
- Start date
- Replies 17
- Views 14,169
D
Deleted member 7160
For investment to save taxes, go for the Bonds/Debentures. Thats the best option! Need to look up IT Act again to brush up on this.
But that comes with 10 Years locking period with 8% returns.
But that comes with 10 Years locking period with 8% returns.
I wanna go for term plan for around 20-30lakhs .. which one is good?
I have heard LIC takes lot of time to settle the claim .. Typical sarkari babu types attitude ..
So I was thinking of Icici prudential or metlife ... Any feedback abt which one to take?
I really dont have much idea about this. But i have heard that ICICI offers some of the best plans.
But that comes with 10 Years locking period with 8% returns.
Now, if u want to claim deduction from ur income, & also earn big time, then thats really not done, is it?
I have heard LIC takes lot of time to settle the claim .. Typical sarkari babu types attitude ..
So I was thinking of Icici prudential or metlife ... Any feedback abt which one to take?
I really dont have much idea about this. But i have heard that ICICI offers some of the best plans.
But that comes with 10 Years locking period with 8% returns.
Now, if u want to claim deduction from ur income, & also earn big time, then thats really not done, is it?
Now, if u want to claim deduction from ur income, & also earn big time, then thats really not done, is it?
but that is not the best way necessarily if u r young....there is epf/gpf/elss/children's(if one has) school fees...etc etc....bonds like nss/kvp etc should be the last option.
but that is not the best way necessarily if u r young....there is epf/gpf/elss/children's(if one has) school fees...etc etc....bonds like nss/kvp etc should be the last option.
See EPF & all automatically gets deducted the moment u r employed. And they deduct it, to exhaust good amount of the limits set by the Act. May be if u have children, u can contribute to their PF, or for ur Spouse. But that is not the case with Samm. On a lighter note, even if he has a GF, the Act doesnt allow deduction for her PF!! 
And school fees etc too are out of ambit for him. But 1 good option is MF - income on it is tax-free, as well as when u buy the units, its allowed as deduction.
And school fees etc too are out of ambit for him. But 1 good option is MF - income on it is tax-free, as well as when u buy the units, its allowed as deduction.Jayesh_Singh
Newbie
Thanks for such great post. I prefer to buy insurance online form buyonline.aegonreligare.com.
