Pollution Insurance Cover Pollution insurance covers property damage and third-party liability resulting from pollution or contamination. The commercial and environmental indemnity markets initially developed the cover for such events and offered products tailored to deal with perceived gaps in existing coverage within other forms of traditional liability insurance policies. Pollution Insurance cover include financial protection […]
LIC Jeevan Shanti
Is the annuity amount in Jeevan Shanti policy taxable?
If you have purchased or are looking to purchase LIC Jeevan Shanti policy, this post is for you. It answers questions about taxation related to this policy. Key Takeaways Guaranteed Rates for Life: The annuity rate is fixed at the moment you buy the policy. Even if interest rates in the market drop 10 years […]