Save taxes through insurance

Well the insurance policy is helpful in the future in any difficulty. Most insurance policies on the income tax saving We also consider the medium. Like financial analysts - sort of advice people after tax and insurance separately - do not separate. If you are in a similar investors who want to take insurance policies to protect income tax, here we are told the best option. You can save them by investing your income tax.

Life Insurance and Pension Scheme up to Rs 100,000 on premium income tax can be saved. Mediclaim premium of Rs 15,000 to get income tax rebate. If you are Senior Citizen, the annual premium of Rs 20,000 on the full income tax exemption can achieve. If your mother or father Mediclaim premium of Rs 15,000 to fill, you will get all the full additional discount. Senior Citizen Mediclaim their mother or father and you fill the installment of Rs 20,000, the full flexibility can be achieved.

Choose your plan needed
Certified Financial Planner Navneet Dhawan, according to the purpose of insurance is not to save tax. We have even more of this trend. Millions of people every year, income tax insurance premiums only to protect the resort. Way to save taxes through insurance, the term should only plan. Andomento, money back and in ULIP returns are effectively not good enough. Money Back Andomento and 6 to 7 percent average annual returns sits. Inflation through the returns can not be dealt. So what better way to be taken to protect the insurance plan. Mutual fund to invest money in the market place through Ssistmetika Investment Plan. Those who want to give importance only to insurance policies, like those available in the market - like the best policy in the policy should choose.

Where can invest
Are generally two types of insurance. First Life Insurance. Other general insurance. General insurance Health insurance, car and travel insurance etc. are covered. Life Insurance premium tax exemption is available only. Covered under general insurance car insurance etc. But do not get tax rebates. Life Insurance Policy comes under the variety. These Term Insurance, Andomento, whole life insurance, money back policy, ULIP and pension plans, etc. can be named. Any of these annual premiums up to Rs 100,000 tax rebate you can find. It is also the policy must be selected according to their needs. Insurance Term insurance is considered the best. Term insurance is for a certain time. Almost all of the insurance policy than it does to the lowest premium. Andomento policy can then, when you do not want the job much longer. The live your life tend to get the benefits of the policy. Well the policy premium is much higher.

With Enryute taking this policy gets you the convenience of pensions. Here you live a life full of comfort after retirement might help. Besides Hole Life policy is not a deadline. It includes only the death benefit, the beneficiary meets. The policy to policy so no point in his life is. Money Back Plan, a certain percentage of the total amount of the policy you get is regular. This policy, which is better for those with insurance - like with the savings. This policy allows for the long term savings. ULIP is the point of mutual funds with insurance benefits so it gets.

There's a certain amount of premium equity, debt funds and is put into bonds. You use the remaining amount of the policy is to provide facilities. The premium tax exemption on pension plan available. We are more popular at this. There are two types of pension plans, and unit linked Andomento. Andomento plans invest in fixed income instruments. And unit linked plan put money in the market. But these values are more convenient. After ten years you can stop the money. Yet the fund corpus Vestiang your date happens to compound. If you are capable of taking risks can opt to invest more in stocks. While desirous of low risk balanced fund may elect. Any tax rebate policy you choose is available at all.

Important policy choice of
The choice of insurance policy is crucial. If you just want to buy insurance policy for tax exemption, if available in the market all that kind of policy must be sure to compare. This will help in choosing the best policy. Many people do not attach much significance to policy choices. Sometimes they take the policy at the behest of agents, sometimes on the advice of a friend. In fact, good policy should choose to save tax. What's wrong may be good that your premium is too low and your tax is saved. Policy is critical to understand your needs before purchasing. Since your goal is to save taxes, then choose the policy accordingly.
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Insurance does not aim to save tax. We have even more of this trend. Millions of people every year, income tax insurance premiums only to protect the resort. Way to save taxes through insurance, the term should only plan.
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Tax savings good policy
LIC Enjoy Life
LIC Life Surabhi
Priceless Life Term Plan
LIC's Money Back
LIC Life Friends
LIC Life Wave
LIC Jivenshri
Kotak Andomento Plan
ICICI Pru Liafgard
ICICI Pru Protect
Reliance Andomento Plan
Max New York Life Secure Dream
Max New York Life Hole
Life Parhtisipeting