Friday, March 16, 2018


Call 9945689986 for more details about
Non Linked Money Back Limited Payment Guaranteed Addition

Age Group    –  Policy Term
8  –  55 yrs  -   14   yrs  
8  –  51 yrs  -   16   yrs 
8  –  48 yrs  -   18   yrs 
8  –  45 yrs  -   20   yrs

Term – 4  =  Premium Paying term
14 yrs – 10 yrs
16 yrs – 12 yrs
18 yrs – 14 yrs

20 yrs – 16 yrs 

Maturity Benefit

Maturity Sum Assured
Guaranteed Additions
Loyalty Additions

Death Benefit

Death Sum Assured
Guaranteed Additions
Loyalty Additions

Guaranteed Additions
First 5 Years
Rs.50 per 1000 BSA

Subsequent Years
Rs.55 per 1000 BSA

Commencement of Risk
Day One

Sum Assured on Death :
Highest of:

1. 125% of BSA   or
2. 10 times AP  or
3. 105% of Total Premiums Paid (excluding GST)

1. Exclusive Plan for Upper Middle Class
2. Guaranteed Addition for Full PPT
3. Loan after 2 years
4. 125% Risk Cover from day 1
5. Premium Waiver for Minors
6. Money Back in 2 years Gap
7. 4 years Premium Holiday
8. Loyalty Addition after 5 years
9. SB Deferment Option
10. Settlement Option for SB and Claim

Optional Riders:
1. Accidental Death and Disability Rider
2. Accident Benefit Rider
3. Term Assurance Rider
4. Critical Illness Rider5. Premium Waiver Benefit Rider (Minor)

Loan Just After
2 years

Vist our site for more details

Friday, September 22, 2017

Tax Saving LIC Plans


These 3 are the most popular sections for tax saving and have lot of options to save tax. The maximum exemption combining all the above sections is Rs 1.5 lakhs under 80(c).
 80CCC deals with the pension products while 80CCD includes Central Government Employee Pension Scheme.

From a tax saving perspective all insurance plans are equal. So regardless of the life insurance plan, tax-saving is assured. The premiums paid on these policies help avail tax deduction and hence they are some of the important tax saving plans that one must be sure to consider.
You can get tax advantages at different stages of the policy

i) You receive tax benefits on your premium payments under Section 80C (life insurance), 80CCC (pension) and Section 80D (health)

ii) The growth of your investment under the life insurance policy is not taxable
iii) Maturity Amount you receive is tax free under Section 10(10D)

Income Tax Slabs:

There is NO separate tax slab for men and women. Earlier women used to have slight benefit over men in terms of lower taxes!

The tax slabs are determined on age of person. As of today there are 3 slab rates based on age:
Below 60 years of age
Senior Citizens (60 to less than 80 years of age)
Very Senior Citizens (80+ years of age)

To know more about Tax Saving Options call 9945689986

Wednesday, December 9, 2015

LIC Life Insurance - Tax Saving Plans

LIC Life Insurance Premium for Tax Saving

LIC Life insurance policies can be used as tax planning tool as premium paid on Life Insurance Policies is eligible for tax benefits under Section 80C of the Income Tax Act and Maturity proceeds from the policy are also eligible for exemption under section Section 10(10D) and Section 10(10A)(iii). Life Insurance helps Assessee not only in tax saving but also achieving their long term goals and it also provides Comprehensive financial protection against unforeseen events for your family.

Maximum Limit – Maximum Deduction allowed under this Section is Rs. 1.50 Lakh and the sum includes payment on other allowable investment option available Under Section 80C of the Income Tax Act,1961. 

Only life insurance premia paid or deposited during the financial year are allowable as deduction under Section 80C for that year.

On Whose Life insurance premia Can be Paid-
On Own life / Self
  • On Wife/husband
  • Child / Children

If you are paying premium for more than one LIC insurance policy, all the premiums can be included for tax exemption.

Taxability of Maturity Proceeds
Section 10(10D)
The proceeds under a life insurance policy are exempt under Section 10(10D) of the Act, subject to the provisions of the said section.
Section 10(10A)(iii)
Commuted Pension received from Pension fund (Pension Plans approved by IRDA) would be tax free.
Service Tax on Life Insurance Premium
All premiums and charges are subject to applicable taxes including service tax, education cess and secondary and higher education cess as applicable under the prevailing tax laws.

To know more about the
LIC Tax saving plans available

Call or Whatsapp 9945689986

Get Expert Advice from LIC at the comfort of Your Home. Contact us today For New LIC Policy. Life Insurance from LIC's Authorised Agent in Bangalore. Insurance Agent - LIC.

Wednesday, December 2, 2015

Why do I need Insurance?



  • First of all, Life Insurance is NOT FOR YOU. Its for the security of your family members.
  • Life Insurance has to be BOUGHT WHEN YOU DONT NEED IT. You cannot buy it when there is a necessity. You need a good health to be insured.
  • When you can spend your money on pleasure, enjoyment or other entertainment and not getting any monetary returns, why not save a bit every month to secure your family's future.
  • Life Insurance is not bought to make any profit, but to secure the future of your family, just as an umbrella is bought not to stop the rain, but to protect us from the rain.
  • When you make arrangements at home even if you will be away for a week, then why not in your complete absence?
  • Do you know how Precious you are for your family? It's you who will make arrangements for the education and wedding of your children.
  • The decision is yours....because the FAMILY is also yours. Its the duty of your LIC agent to inform you about the benefits of life insurance, whether to INSURE OR NOT, is left to you...

To Insure yourself and secure your family's future
Call 9945689986