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some life insurance is exapted or not

Manish Anandvani (121 Points)

12 May 2018

sir we can only lic take exampted in 80c or there also exampted just like met life insurance or other life insurance

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (194915 Points)
Replied 12 May 2018

Yes, life insurance policies of any insurance companies, (should be eligible for 80C deduction); deduction can be claimed over the premium paid to effect or to keep in force an insurance on the life of individual, spouse and any child.

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Klenk00 (n/a) (22 Points)
Replied 20 September 2018

It was really good info. Your website has so much to read about finances and insurance plans. I too have been considering getting an insurance policy so thought of doing some research online. Have heard a lot about the lic jeevan anand returns so was just wondering if you could elaborate some important things about it.