Insurance premiums, including top-ups, get income tax deduction

Published in Mint on Jan 05 2017, Written by Abhishek Bondia I have a 10-year unit-linked insurance plan (Ulip) with an annual premium of Rs30,000. I have received a performance bonus that I want to invest in the same Ulip as a top-up. Will I get a tax deduction benefit on this also under section 80C […]

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Types of group insurance schemes available for SMEs

Group Insurance Schemes for SMEs Small and medium scale enterprises may have a small work setup, but when it comes to keeping the employees happy, they can achieve wonders. Often experts in their respective fields, SMEs may find loopholes at the administrative end that can be resolved by taking different types of group insurance policies. […]

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Policy nominee needs to show valid ID, address proof

Published in Mint on 28th May 2018. Written by Abhishek Bondia. We found a life insurance document among the papers of my grandmother who passed away recently. What documents will we need? —Parakram Verma To make a death claim, you will need to submit the death certificate issued by the municipal corporation, along with the […]

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