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JERIT JOSE (24 Points)

15 November 2018

difference b/w lic policy reffered in 80c and 80ccc

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Mayur Patil (Article) (1276 Points)
Replied 15 November 2018

As per my knowledge and understanding

80c talking about LIC premium where you have to pay premium on certain interval which covers finance help in any emergency medical needs

Where 80ccc talking about annuity insurance plan where you can pay one lumpsum premium or periodic (may be) and you'll receive certain amount on monthly basis.
Its helpful when you outliving your income at older age

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