Insurance is very important to secure your future. It provides economic protection in the event of not being a family to you. If you are planning to buy insurance then tell that LIC Anmol Life II Term Insurance Plan can prove to be helpful for you. Under this, you can get life insurance of Rs 20 lakh from the expenditure of just Rs 15 per day by LIC insurance. Know how ..
What is LIC Anmol Jeevan II:
For details, let us know in this case if the policyholder dies during the policy period, then in the event of the nominee, the entire insurance amount is paid. Since this is a term plan, it does not get any benefit on the maturity of the policy. This is a pure term plan and no bonus facility is available in it. The minimum sum assured is Rs 6 lakh and a maximum of 24 lakh rupees. The admission age is minimum 18 years and maximum 55 years. At the same time, the age of maturity is 65 years.
How to get LIC insurance of Rs 20 lakh from daily expenses of Rs 15
For example, suppose that at the time you bought the policy, you were 30 years old. Its Sum Assured is 20 lakh rupees. Also, the policy term is 15 years old.
Accordingly, for the sum assured of Rs 20 lakh, the base premium of Rs 4620 and Rs 832 was taxed to 5452 rupees. At the same time, if you talk about a 6-month premium then it would be Rs 2780. Talk about one month then a premium of Rs 454 becomes a premium. Similarly, the premium amount of one day was Rs 15.
Income Tax Benefits of this LIC insurance:
Every year your deductible income is exempted under Section 80C of income tax on the premium payment up to Rs 1,50,000 of life insurance. At the same time, the amount received by the nominee is tax-free under Section 10 (10D) of Income Tax Also, during this scheme, the grace period is given 30 days grace period for premium payment. If the policyholder fails to make premium payments during this period, then the policy will lapse.