Buy LIC Tax Saving Plans Online

LIC New Jeevan Labh Policy online

LIC Jeevan Labh Plan Buy LIC Jeevan Labh Policy Online provides a comprehensive life insurance cover and maturity benefit. This plan can also be described as a limited premium paying endowment assurance plan. The policy holder is exempted from paying premiums throughout the entire policy term, and in the event of their death within the term, the nominee receives the assured sum and bonuses as a death benefit. On the other hand, if all is well with the policy holder even after the policy matures, the sum assured and bonuses will be paid as a maturity benefit.

Reasons to buy this plan:

Get lumpsum tax-free maturity amount at the
readmore > end of the policy term readless

Limited premium payment plan, upto 9 years
readmore > premium holiday readless

Enjoy double Tax benefits, both on
readmore > premiums paid and returns readless

Tax Saving Benefit of New Jeevan Labh Plan

The premiums paid towards the LIC Jeevan Labh policy are eligible for Tax deduction under section 80C of Income Tax Act,1961. In addition to that Maturity/ Death claim received is also Tax free under section 10,10(D) of Income Tax Act 1961.

LIC New Jeevan Anand Policy Online

The LIC New Jeevan Anand Policy Best LIC Policy for Tax Benefit couples the benefits of a whole life insurance policy and an endowment policy. As the name suggests, it provides an insurance coverage throughout the life of an individual even after the plan has matured. As the term comes to an end, the policy holder will get the assured sum along with bonuses that have been accumulated. On his demise, his nominee will again be given the death benefit payout.

Reasons to buy this plan:

Get double benefit, Full payout at maturity and
readmore > again free risk cover for whole life readless

Enjoy double tax benefits, both on premiums paid
readmore > and returns readless

Easy liquidity by way of Loan or Surrender

Tax Saving Benefit of New Jeevan Anand Plan

The premiums paid towards buying LIC New Jeevan Anand policy is considered as a tax-free deduction under Section 80C of the Income Tax Act. One can claim a maximum deduction of INR 1.5 lakhs on this amount. The section 10 (10D) of the Income Tax Act allows us to put all the benefits received including death and maturity benefits

LIC New Endowment Plan Online

The Endowment Plan LIC endowment plan tax benefit offered by LIC is a non- linked, traditional plan with profits and not linked to any share market. This plan has all the benefits like Protection, Savings and Tax exemption on premiums paid and also on Maturity.

Reasons to buy this plan:

Get lumpsum tax-free Maturity amount at the
readmore > end of policy term. readless

Enjoy double tax benefit, both on premiums paid
readmore > and maturity returns readless

Easy liquidity by way of Loan or Surrender

Tax Saving Benefit of New Endowment Plan

Life insurance premiums to the extent of upto Rs.1,50,000 are allowed as a deduction from your taxable income under section 80C. There is no tax on the maturity benefit received under section 10(10D)

LIC New Jeevan Lakshya Plan Online

The LIC Jeevan Lakshya Plan is a tax-saving plan specifically intended to secure a child’s future. This plan falls under the category as a With-Profits Endowment Assurance plan and operates as a limited premium payment, non-linked policy. Premiums are paid for a shorter duration than the policy term. The plan guarantees an assured sum and bonuses as maturity or death benefits. If the policyholder survives, a lump sum maturity benefit is paid. In the unfortunate event of the policyholder’s death, the nominee receives 10% of the assured sum annually until maturity. Premiums are not required for the remaining policy term. Upon maturity, the nominee receives the sum assured and bonuses.

Reasons to buy this plan:

A comprehensive plan for family security,
readmore > especially for your infant. readless

In the event of a calamity: a) The remaining premium
readmore > is waived completely; b) the family receives an annual income; c) a lump sum is paid at the end of the policy term. readless

Benefit from double tax benefits
readmore > on all LIC returns and premiums paid. readless

Tax Saving Benefit of LIC New Jeevan Lakshya PLan Online

All premiums paid on LIC Jeevan Lakshya policies qualify for tax exemption under Sec. 80C of the Income Tax Act. Also, the maturity amount earned by a policyholder is free from tax under Sec. 10D of the Income Tax Act.

LIC New Jeevan Umang Plan online

LIC Jeevan Umang Buy LIC Jeevan Umang Online offers a guaranteed tax-free income of 8% of the sum assured annually after the premium-paying term until the age of 100. On maturity or in the event of death, the full sum assured and bonuses are paid.

Reasons to buy this plan:

Obtain assured tax-free income at 8% of the total
readmore > After the time of paying premiums, you are assured each year for the rest of your life. readless

Options for flexible premium payments include
readmore > 15, 20, 25, and 30 years. readless

Benefit from triple taxation on premiums paid,
readmore > pension payments, and maturity amount readless

Tax Saving Benefit Buying LIC Jeevan Umang Online

The premiums paid towards the LIC Jeevan Umang policy are eligible for Tax deduction under section 80C of Income Tax Act,1961. In addition to this, Pension amount and Maturity/ Death claim received is also Tax free under section 10,10(D) of Income Tax Act 1961